Which of the following gave Blue Cross cost advantages compared to commercial health insurers?
A) Tax exemption
B) Economies of scale
C) Both a and b
D) Neither a nor b
Correct Answer:
Verified
Q2: A risk-averse consumer faces a 0.60 probability
Q3: Health insurance enrollees are less likely to
Q4: Do high concentration ratios have an effect
Q5: Commercial insurers who use a(n)_ rating can
Q6: Assume a high-risk person;has a 0.50 probability
Q7: Explain why insurance companies may be hesitant
Q8: Are high concentration ratios indicative of market
Q9: Assume a high-risk;person has a 0.50 probability
Q10: A movement of the medical loss ratio
Q11: Blue Cross and Blue Shield uses
A)Experience rating
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