Low coinsurance rates and no supply-side restrictions

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True/ False: In consumer-directed health insurance plans it is possible to have low levels of deadweight loss from moral hazard, while also having low coinsurance rates and no supply-side restrictions.

True/False: Proposed policies to change the definition of full-time employment in the Affordable Care Act to 40 hours a week would cause more people to gain employer-provided insurance under the Affordable Care Act compared to the current law.

True/ False: An empirical observation that led to the development of the supplier-induced demand hypothesis is that when the supply of physicians in a market increases, the price also increases, which defies the basic rules of supply of demand.

Reference no: EM13977255

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