In health care, a traditional market economy model does not apply. Which of the following statements does NOT describe a main concept related to clinical health care economics?

Question

Quizplus · Accepted Answer

While price is important in clinical health care economics, it is not the main concept. The main concept is that the traditional market economy model does not apply, as the buyer and recipient of the treatment/service are often not the same as the payer. The actual payer is usually a third-party reimbursing entity, such as the government or insurance company. Therefore, option D does not describe a main concept related to clinical health care economics.

In Health Care, a Traditional Market Economy Model Does Not