Which of the following would help control the future growth of healthcare prices and expenditures?
A) an increase in the share of healthcare costs paid for either directly or from personal medical savings accounts
B) the substitution of catastrophic (high deductibility) health insurance for low co-payment plans
C) more reliance on expansion in the supply of medical services rather than stimulation of demand
D) all of the above

Question

Quizplus · Accepted Answer

All of the choices listed would help control the future growth of healthcare prices and expenditures. By increasing the share of healthcare costs paid for either directly or from personal medical savings accounts (choice A), individuals are incentivized to be more cost-conscious in their healthcare decisions. The substitution of catastrophic (high deductibility) health insurance for low co-payment plans (choice B) would also encourage cost-consciousness, as individuals would be more likely to seek out lower-cost options for medical care. Finally, more reliance on expansion in the supply of medical services rather than stimulation of demand (choice C) would help prevent healthcare costs from rising as a result of increased demand.

Which of the Following Would Help Control the Future Growth