Podcast
Questions and Answers
It is generally true that:
It is generally true that:
- health care insurance can cover only a portion of the losses associated with becoming ill (correct)
- health care insurance transfers risk from the insurance purchaser to the insurance company while leaving the total amount of risk unchanged
- health care insurance reduces moral hazard with respect to the costs of health care
- the welfare gain to an individual from health insurance coverage are largest for commonly used services such as physician services and prescription drugs
McKeown showed that majority of historically rapidly falling rates of mortality for common diseases occurred
McKeown showed that majority of historically rapidly falling rates of mortality for common diseases occurred
- With the introduction of formal education of physicians
- Before the marked increases in living standard were evident
- With the introduction of effective medical treatments
- Before the invention of modern medicine became available (correct)
Given that primary care is when you see your family doctor, the demand for hospital care is generally:
Given that primary care is when you see your family doctor, the demand for hospital care is generally:
- Bears no regular relationship to the demand for primary care
- More elastic than demand for primary care
- Of equal elasticity to the demand for primary care
- Less elastic than demand for primary care (correct)
Retired seniors often have...
Retired seniors often have...
Uncertainty regarding the effectiveness of a specific health service for a particular individual:
Uncertainty regarding the effectiveness of a specific health service for a particular individual:
Focusing on your total product of health due to health care curve, moving to a new area with less industrial pollution will likely:
Focusing on your total product of health due to health care curve, moving to a new area with less industrial pollution will likely:
For two individuals who have identical probabilities of being ill and identical monetary losses associated with being ill, but who have differing risk preferences:
For two individuals who have identical probabilities of being ill and identical monetary losses associated with being ill, but who have differing risk preferences:
Informational asymmetry in the market for health care services refers to:
Informational asymmetry in the market for health care services refers to:
The effectiveness of pooling financial risk through insurance:
The effectiveness of pooling financial risk through insurance:
Education is theorized to have what kind of relationship with health status?
Education is theorized to have what kind of relationship with health status?
The concept of the social gradient in health means that there exists a social cost curve which lies above the private marginal cost curve (commonly known as the supply curve) which shows the full true cost of supply. True or false and why?
The concept of the social gradient in health means that there exists a social cost curve which lies above the private marginal cost curve (commonly known as the supply curve) which shows the full true cost of supply. True or false and why?
If an insurance company charges more than the actuarially fair premium, people will not buy insurance. True or false, and why?
If an insurance company charges more than the actuarially fair premium, people will not buy insurance. True or false, and why?
If a doctor is a perfect agent for her patients, she will always provide care that is expected to improve a patient's health. True or false and why?
If a doctor is a perfect agent for her patients, she will always provide care that is expected to improve a patient's health. True or false and why?
Flashcards
Capital of France (example flashcard)
Capital of France (example flashcard)
Paris
