In more recent forms of delegated governance, risk is shifted to firms and to beneficiaries in an effort to ____.

Question

Quizplus · Accepted Answer

Delegated governance models, such as those involving health savings accounts or private insurance options, aim to make firms and beneficiaries more responsible for their health care decisions. By bearing more risk, they are incentivized to make more judicious choices about the amount and type of health care services they consume, potentially leading to more efficient use of resources.

In More Recent Forms of Delegated Governance, Risk Is Shifted