What is the moral hazard associated with third-party payment for health services?
A) The recipient of services is not as informed as the provider of the service.
B) The recipient of services tends to decline more services than they should.
C) The recipient of services tends to have more services than what is needed relative to the efficient level of services.
D) There is no moral hazard.
Correct Answer:
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Q30: Which of the following is an example
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Q32: A third-party payment system for health care:
A)results
Q33: Which of the following could help slow
Q34: What proportion of Medicare beneficiaries are elderly?
A)95%
B)85%
C)77%
D)70%
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