Which of the following reasons might explain why managed care organizations might be able to lower healthcare costs with premiums similar to fee-for-service plans?
A) The lower health care costs of managed care plans may be offset by higher administrative costs.
B) Managed care organizations may set their premiums just below that of their competitors.
C) Managed care organizations may compete with one another based on service offerings rather than price.
D) Both a and c
E) All of the above
Correct Answer:
Verified
Q2: Third-party payments provide incentives for the adoption
Q3: Which of the following reasons might explain
Q4: _ exist when the average total cost
Q4: An increased HMO presence in insurance markets
Q5: _ occurs when insurance companies structure plans
Q6: _ reasons that firm-size classes with expanding
Q9: Scale economies may serve as a barrier
Q10: People obtaining health insurance as part of
Q11: _ occurs when consumers have less incentive
Q12: To maximize profits, a dominant insurance provider
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