Cherry-picking and redlining of benefits in the private insurance industry, quantity setting behavior in the physician services industry, and medical arms race in the hospital industry are all the result of which of the following?

Question

Quizplus · Accepted Answer

These behaviors are often the result of competition within the healthcare industry, where entities may engage in practices to gain a competitive advantage, such as selecting low-risk individuals (cherry-picking), limiting benefits (redlining), or investing in advanced technology to attract patients (medical arms race).

Cherry-Picking and Redlining of Benefits in the Private Insurance Industry