Chapter 1, Problem 2.3EC

Classify each of the cost items as one of the business functions of the value chain in “Payment of booth registration fee at a medical conference to promote new products to physicians.”

Which pharmacoeconomic evaluation can overcome the problem of acceptability threshold being a judgment call? O Cost benefit O Cost effectiveness O Cost utility O Cost minimization The expected price for the provider which enable him/her to provide the service or the product is also known as: O Opportunity cost O Capital cost O Allowable charge O sticker price

Identify the following variables as qualitative or quantitative. (e) the shelf life of a particular medicine in the pharmacy.

State with a brief reason, the appropriate pricing policy that should be adopted in the following situations. (Do not copy the situation into your answer books) (i) A health centre doing routine health check-up with normal facilities. (ii) A newly formed company is trying to build a unique product that it may patent. Some of the product's components, designed to specifications are outsourced to A. The

Which of he following stalements BEST describes the primary difference between a Health Maintenance Organizalion (HMO) and a Preferred Provider Organization (PPO)? A.Under a PPO lhe insured may use any medical provider whereas providers are restricted with HMOs. B.Under an tvo the deductibles are higher than are those of PPOs. C.POs do not provide preventive care benefits whereas HMOs do D.HMOs utilize larger cost sharing than do PPOs

What have been the CONSEQUENCES of BC/BS conversion from not-for-profit to for-profit status in terms of market share, patient access, quality of care, and cost of care? Please explain how it has been CONSEQUENCE in great detail.

Sin taxes is not imposed on    Cigarettes Cosmetic surgery Wine Softdrinks

Suppose health-care reform Y makes it unlawful for insurance companies to deny insurance to persons with a preexisting disease and sets a fine for those people who do not buy insurance.  It follows that if the fine is   a.  larger than the benefits derived from not buying insurance right away, then people will not buy the insurance and pay the fine.     b.  smaller than the benefits derived from not buying the insurance right away, then people will not buy the insurance and pay the fine.     c.  There is not enough information provided to answer this question.     d.  larger than the benefits derived from not buying insurance right away, then people will buy the insurance right away and not pay the fine.

A risk group can be defined as a group that shares roughly the same risks of an adverse event occurring. Insurance companies often classify people into risk groups, and charge lower premiums to those with lower risks. How does this practice effect the market for healthcare? Select the correct answer below: If people are not separated into risk groups, then those with low-risk must pay for those with high risks. When people are classified into risk groups each pays according to their risk. O When risk group are used to establish the cost of health care those with high risk cannot afford the cost of care. All of the above.