Chapter 13 - The environment & safety

insurance coverage

The rapid escalation in medical expenditures since World War II is attributable in large part to the spread of first- dollar ________, which encourages people to behave as if medical services were free of charge.

maintenance organization

Health ________ (HMO): group of physicians that provides health services to individuals and families for a fixed annual fee.

Affordable Care Act

The ________ of 2010 was enacted in an attempt to remedy market failures that exist in attempts to provide health care access through unregulated private insurance contracts.

injury tax

A(n) ________ set at the marginal cost of injury would encourage optimal investment in workplace safety.

insurance premiums

Mounting ________ have caused many people in good health to do without health coverage, resulting in higher premiums for those who remain insured.

insurance coverage

First- dollar ________: insurance that pays all expenses generated by the insured activity.

First-dollar insurance coverage

insurance that pays all expenses generated by the insured activity

Health maintenance organization (HMO)

group of physicians that provides health services to individuals and families for a fixed annual fee

Workers' compensation

government insurance system that provides benefits to workers who are injured on the job