without insurance, and people without insurance who have chronic health conditions are less likely to see a doctor, go to the hospital, and fill prescriptions than their counterparts with health insurance.
New cards
2
third party payment
A(n) ________ occurs when the provider or seller of a good or service is paid by someone other than the buyer of the good.
New cards
3
Physical induced demand occurs when
doctors prescribe more treatment than is necessary in order to increase their own incomes.
New cards
4
Moral hazard occurs when
someone changes their behavior because they are insured against risks associated with that behavior.
Studied by 2 people
