This explains how copayments and deductibles reduce risk.
Not what you're looking for?
How do copayments and deductibles reduce risk?
Purchase this Solution
Solution Summary
The solution explains how copayments and deductibles reduce risk. This is a question from health management accounting.
Solution Preview
Co-payments and deductibles reduce a great deal of risk because they're forcing the insured to pay a portion of their own care. If a person has a deductible of $500, the person is likely to be more cautious by taking better care of their health and engaging in less risky behaviors because the person knows that if he or she needs medical care, they must pay the first $500 out of their own pocket before ...
Purchase this Solution
Free BrainMass Quizzes
Situational Leadership
This quiz will help you better understand Situational Leadership and its theories.
Lean your Process
This quiz will help you understand the basic concepts of Lean.
Managing the Older Worker
This quiz will let you know some of the basics of dealing with older workers. This is increasingly important for managers and human resource workers as many countries are facing an increase in older people in the workforce
Basics of corporate finance
These questions will test you on your knowledge of finance.
Marketing Management Philosophies Quiz
A test on how well a student understands the basic assumptions of marketers on buyers that will form a basis of their marketing strategies.