Questions and Answers | Study Guide |
Grade A+
• Moral Hazard. CORRECT ANSWER: when you get more medical services than
you need at no cost
• Adverse selection. CORRECT ANSWER: When the buyer and seller do not have
the same information and you get cost below true cost of need.
• Reimbursement. CORRECT ANSWER: When insurance companies pay provider
• High risk plan. CORRECT ANSWER: a high premium plan for preexisting
conditions
• Healthcare quality improvement act. CORRECT ANSWER: weeds out bad
providers and allows for no repurcussions
• patient safety and quality improvement act of 2005. CORRECT ANSWER:
improves how they treat patients
• Point of service. CORRECT ANSWER: you pay less when using in network
providers. will need referrals for specialists
• STEEEP. CORRECT ANSWER: making changes for better quality care. this can
also stop a change to try something else.