Disadvantages of the incentives under capitation

Assignment Help Business Economics
Reference no: EM131391901

Some doctors in the US are paid a fee for all the services they perform for their patients. Other doctors receive a fixed payment (capitation) for each of their patients, regardless of the number of services performed.

a) What are the advantages and disadvantages of the incentives under fee for service?

b) What are the advantages and disadvantages of the incentives under capitation?  

Reference no: EM131391901

Questions Cloud

The price elasticity of demand for hotdogs : The price elasticity of demand for hotdogs on a beach in a small east coast resort town is -4 in the month of May, while in July the elasticity falls to -2. A single vendor supplies the hotdogs to the beachcombers. If the marginal cost per hotdog is ..
Cournot duopolists face market demand curve : Cournot duopolists face a market demand curve given by P = 120 - Q where Q is total market demand. Each firm can produce output at a constant marginal cost of 30 per unit. Find the equilibrium price and quantity for the total market. If the duopolist..
Unconventional monetary policy tools include : Unconventional monetary policy tools include all but
Channel of monetary policy impacts real estate markets : Describe how the asset-price channel of monetary policy impacts real estate markets. How might adopting triple-bottom-line accounting influence the competitiveness of U.S. firms in foreign markets? Why has the black/white wage gap narrowed over the p..
Disadvantages of the incentives under capitation : Some doctors in the US are paid a fee for all the services they perform for their patients. Other doctors receive a fixed payment (capitation) for each of their patients, regardless of the number of services performed. What are the advantages and dis..
Why are cab drivers and bus drivers paid differently : Taxicab companies in the US typically own the cab and license. Taxicab drivers then pay a daily fee (rent) to the owner, and then keep all the fares they collect. By contrast, bus drivers are paid a salary for driving a bus. Why are cab drivers and b..
Large lots of land in texas-rural ontario : Why do cities exist? Why don’t we all just live on large lots of land in Texas/rural Ontario/etc? We could be self-sufficient and avoid all the hassles of city life. Why is Bay Street a thing? Wouldn’t each of the financial firms be better off being ..
What is the male-female wage differential in labor market : Suppose years of schooling s is the only variable that affects earnings. On average, assume that men have 14 years of schooling and women have 12 years of schooling. What is the male-female wage differential (in dollars) in the labor market? Use the ..
By what percent will the wage rate of native workers fall : Some estimates are that immigration has increased the US labor force by 10%. Assume that the labor supply native and immigrant workers are both completely inelastic. By what percent will the wage rate of native workers fall? By what percent of GDP wi..

Reviews

Write a Review

Business Economics Questions & Answers

  Japans real every capita output grew

on average, Japan's real every capita output grew at a rate of 3 percent every year among 1973 also 1993. Illustrate what would Japan's output every capita have been at the end of 1993.

  Major driver of economic growth in australia

Which is a tax on profits generated from mining of iron ore and coal.

  Relationship in total revenue and price elasticity of demand

The Chancellor and Board of Trustees of the State System of Higher Education want to raise tuition to increase total revenue earned. As an astute economics student, you know that there is a relationship between total revenue and the price elasticity ..

  Find the minimum level of output needed to deter entry

Stackelberg and Limit Pricing. Consider the Limit pricing and Stackelberg models done in class in which the incumbent chooses capacity first and entrant then chooses whether to enter or not. Find the minimum level of output needed to deter entry (qID..

  Network externalities affect firm operating strategies

Explain why the cost structure associated with many kinds of information goods and services might imply a market supplied by a small number of large firms. (At the same time, one internet business such as grocery home deliveries have continually suff..

  Calculate the opportunity cost in each country

The following table shows the hypothetical labor requirements per ton of wool and per hand-knotted rug, for New Zealand and for India. Labor Requirements per Unit New Zealand India Per ton of wool 10 hours 40 hours Per hand-knotted rug 60 hours 80 ho..

  How can these leaders use their control over current taxes

How can these leaders use their control over current taxes, subsidies and government debt to force their successors to reduce steady -state government expenditures below 900,000 goods.

  When households and firms become more pessimistic

Which of the following likely occurs when households and firms become more pessimistic?

  Attitudes of the industrial middle class

Read "Attitudes of the Industrial Middle Class in Britain and Japan" (19-1d). What are the differences between the viewpoints of Samuel Smiles and Shibuzawa Eiichi? How do you account for those differences? Do they share any values or outlooks?

  Analyse the relevance of trade in the global marketplace

INB60003 International Trade And Investment. Critically analyse the main trends of International Trade and Investment justifying forecasts and predictions into the future. Critically analyse the relevance of trade in the global marketplace identifyi..

  Substitution effect using indifference curves

Graphically show the income and substitution effect using indifference curves and budget constraints and discuss why it is important to look at this when the price of a good changes.

  Example testing rationality of assessments of housing price

Wooldridge Problem 4.6 In section 4.5, we used as an example testing the rationality of assessments of housing prices. There, we used a log-log model in price and assess [see equation (4.47)]. Here, we use a level-level formulation. i. In the simple ..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd