Business, 22.08.2020 20:01 lexybellx3

Select the best description of the incentive for each of the following participants based on the current U. S. health care system. Consumers will a. request the fewest treatments to save timeb. have no incentive to consume more or less medical carec. request as much treatment as possible to maximize healthcare benefitsProducers will a. have no incentive to consume more or less medical careb. prescribe as much treatment as possible to increase profitc. prescribe fewer visits and procedures to save timeIntermediaries will a. have no incentive to consume more or less medical careb. allow as few treatments as possible to maximize profitc. allow any treatment that might be possibly help a patient

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Select the best description of the incentive for each of the following participants based on the current U.S. health-care system:

Consumers will

c. request as much treatment as possible to maximize healthcare benefits

Producers will

b. prescribe as much treatment as possible to increase profit

Intermediaries will

b. allow as few treatments as possible to maximize profit.

Explanation:

The current US healthcare system is acclaimed worldwide as very expensive. It is controlled by capitalistic tendencies where healthcare providers are more interested in maximising their profits rather than maximizing healthcare benefits. Since the US government does not provide health benefits to citizens or visitors, the costs for rendering healthcare are not being monitored and controlled. Unfortunately, to see your primary care provider (PCP), it may take several days before you are attended to after booking an appointment with the organization. The only rescue available these days is the technological innovation provided by telemedicine.

Answer from: Quest

The business cycle is the periodic but irregular up-and-down movement in economic activity, measured by fluctuations in real gross domestic product (gdp) and other macroeconomic variables. a business cycle is typically characterized by four phases—recession, recovery, growth, and decline—that repeat themselves over time. economists note, however, that complete business cycles vary in length. the duration of business cycles can be anywhere from about two to twelve years, with most cycles averaging six years in length. some business analysts use the business cycle model and terminology to study and explain fluctuations in business inventory and other individual elements of corporate operations. but the term "business cycle" is still primarily associated with larger (industry-wide, regional, national, or even international) business trends.

Answer from: Quest

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