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Define "Risk Sharing" and explain how it affects providers' incentives, fees and overall utilization.

Define "Risk Sharing" and explain how it affects providers' incentives, fees and overall utilization.

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Define "Risk Sharing" and explain how it affects providers' incentives, fees and overall utilization. A- I Ff T: ! Risk sharing your in a group or people. Risk sharing it is a practice in healthcare system in which allows payers to share financial risk associated specfic patient population with providers. Risk sharing arrangements help provider to predict future medical expenses when compared to fee for services.
Transcribed Image Text:Define "Risk Sharing" and explain how it affects providers' incentives, fees and overall utilization. A- I Ff T: ! Risk sharing your in a group or people. Risk sharing it is a practice in healthcare system in which allows payers to share financial risk associated specfic patient population with providers. Risk sharing arrangements help provider to predict future medical expenses when compared to fee for services.
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