Asked by
Zachary Crisafulli
on Nov 26, 2024Verified
The prominence of employer-provided health insurance in the U.S. is one major cause of the overconsumption and rapidly rising costs of health care in the country.
Employer-Provided Health Insurance
Health insurance coverage offered to employees (and often their families) as part of an employee benefit package.
Overconsumption
The excessive use or purchase of goods and services, surpassing the basic needs and leading to negative environmental and economic impacts.
- Gain insights into the significance of health insurance and how it influences health care consumption patterns.
Verified Answer
DB
Learning Objectives
- Gain insights into the significance of health insurance and how it influences health care consumption patterns.
Related questions
The Provision of Health Insurance Leads to a Deadweight Loss ...
The Demand for Health Care Is Highly Elastic with Respect ...
Health Insurance Induces Consumers to Adopt Less Prevention and Overconsumption ...
Preferred Provider Organizations (PPOs)are a Type of Managed-Care Organization
Insurance Companies Use Deductibles and Copayments to ...