All categories

3 years ago

As transparency has increasingly been a factor in health care, which aspects of a true retail market has it impacted?

1 answer:

8 0

Prices for health care services vary significantly among providers, even for common procedures, and it's often difficult for patients to determine their out-of-pocket costs before receiving care. Some consumer advocates, employers, and health plans are pushing for greater reporting of the prices of health care services as a way to encourage consumers to choose low-cost, high-quality providers and to promote competition based on the value of care. In spite of the challenges, price transparency may be spurred by the growing number of health care consumers who are being required to pay a larger share of their medical bills.

You might be interested in

Troy will receive $7,500 at the end of Year 2. At the end of the following two years, he will receive $9,000 and $12,500, respec

Pepsi [2]

Answer:

$33,445.44

Explanation:

The future value of an investment is its worth at a future date if the investment is done at a specific interest rate compounded yearly for certain number of years

It is computed as follows:

FV = PV (1+r)^n

FV = Future Value, PV = present value, r- interest rate, n- number of years

Future value of $7500 after 3 years:

FV = 7500× (1.08)^3 = 9,447.84

Future Value of $9000 after 2 years:

FV = 9000 × (1.08^2) = $10,497.6

Future value of $12,500 after 1 year:

FV = 12500× 1.08 = $13,500

The future value of these cashflows at the end of year 5

= 9,447.8 + 10,497.6 + 13,500

= $33,445.44

7 0

3 years ago

Read 2 more answers

If all courses were regular (not honors or AP) 1 credit classes, calculate the student's GPA based on the following grades:

12345 [234]

2.56 is the calculate of the student GPA

7 0

2 years ago

If import restrictions remain in effect after an infant industry becomes competitive in the domestic market, consumers in this

sertanlavr [38]

Answer: higher than

Explanation: The stockholders of companies in the infant industry gain when they are protected from world competition

-Consumes in that country will therefore pay a price higher than the world price.

8 0

2 years ago

Bundle A is strictly preferred to bundle B, and bundle B is strictly preferred to bundle C. If the utility associated with B is

Nadya [2.5K]

Answer: (63, 50, 44)

Explanation:

Utility is the satisfaction that we derive as consumers when we consume or use a certain product.

Since Bundle A is strictly preferred to bundle B, and bundle B is strictly preferred to bundle C, it means that the value of Bundle A must be more than B and C while that of Bundle B must be more than bundle C.

Therefore, the correct option is B which is (63, 50, 44)

3 0

2 years ago

On June 30, 2018, Baird Company’s total current assets were $502,000 and its total current liabilities were $274,000. On July 1,

amm1812

Answer:

Before issuing the note

Current ratio

= Current assets

Current liabilities

= $502,000

$274,000

= 1.83: 1

After issuing the note

Current ratio

= $538,400

$274,000

= 1.96:1

Explanation:

Current ratio is the ratio of current assets to current liabilities. Before issuing the note, current assets amounted to $502,000 while current liabilities were $274,000. After issuing the note, current assets increased to $538,400 as a result of $39,400 received on note issue. This increases the current ratio from 1.83 to 1.96.

7 0

3 years ago