Explain how one insurance contract can provide incentives to: a. Choose a more or less expensive...
Explain how one insurance contract can provide incentives to:
a. Choose a more or less expensive hospital.
b. Spend more or fewer days in the hospital.
c. Choose a more or less expensive surgeon.
d. Use more or fewer drugs.
e. Use more- or less-expensive drug
Homework Answers
Answer
Part(e) Use more- or less-expensive drug.
One insurance can provide incentives too because in case of any disease we are able to Use more- or less-expensive drugs. As we can claim for drugs which we purchased for our disease as it is assured under Insurance policy.
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Explain how one insurance contract can provide
incentives to:
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