Reference no: EM132169481
1. Health care that actually harms the patient, such as a hospital acquired infection after surgery is called a:
A. Moral hazard
B. Adverse selection
C. Defensive medicine
D. Iatrogenic disease
2. Select the best definition of Gross Domestic Product (GDP).
A. The monetary value of the goods and services produced in a country during a given time period.
B. An index that assigns weights and values to various medical goods and services during a given time period.
C. The cost of a decision based on the value of the foregone opportunity.
D. The monetary value of only certian goods produced in a country during a given time period.
3. Insurance companies try to minimize the concept of moral hazard by:
A. Charging deductibles and coinsurance.
B. Only selling policies to individuals with high ethical standards.
C. Requiring advance payments of premiums.
D. Charging higher premiums to individuals than to groups.