Which of the following would increase the incentive of consumers to economize and of producers to provide medical services at economical prices?
A) Substitution of catastrophic health insurance plans for low deductible, low co-payment plans.
B) More reliance on medical savings accounts rather than insurance.
C) Equalization of tax treatment between out-of-pocket medical expenses and employer-provided health insurance.
D) All of the above.

Question

Quizplus · Accepted Answer

All of the options listed would increase incentives for consumers to economize and for producers to provide services at economical prices by encouraging more cost-conscious behavior and reducing reliance on insurance for routine expenses.

Which of the Following Would Increase the Incentive of Consumers