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People in OECD countries pay less for health per capita than people in the United States.
True or False: A recent market shift in physician payments has seen fewer physicians opening practices but rather becoming salaried employees of institutions and academic centers.
Elasticity of demand is the degree to which demand increases in response to a price decrease or decreases in response to a price increase.
True or False: Performance budgets can allow for an indication of any level of quality of care expected in a planned budget?
A managed health plan that allows patients to choose any physician, but pays for care more generously if patients choose form a panel of participating physicians is called
A. a health maintenance organization
B. a preferred provider organization
C. an exclusive provider organization
D. a Canadian-style plan
The benefits associated with the best alternative use of resources is called:
- A.Alternative activities
- B.Health resources
- C.Opportunity cost
- D.Health economics