Rand Health Insurance Experiment (HIE)
A) Was a failure
B) Determined Price elasticity for health insurance
C) Yielded the first scientifically valid estimates of individual price sensitivity to the level of copayment and deductible for individual health services
D) Proved that copayments and deductibles did not impact levels of health service sought
Correct Answer:
Verified
Q5: Community rating is based on
A) Health care
Q6: Preferred provider organizations are
A) Traditional form of
Q7: Small employer health insurance (for firms with
Q8: The dominant type of employment based coverage
A)
Q9: Employer based benefits are
A) Thriving offering plentiful
Q11: Private insurance has been the predominate source
Q12: The rate of employment based insurance was
Q13: The annual average premium for family coverage
Q14: Employment-based and individual insurance coverage are very
Q15: Community rating is the practice of setting
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