What is a disadvantages of setting up a private option in, Ask an Expert

Economics

What is a disadvantage(s) of setting up a private option in the Beveridge model?

a. patients will have greater flexibility of choosing the plan that is best for their situation

b. can undermine the nation's solidarity

c. the better doctors may migrate to the private option if they end up getting compensated more thus undermining the public system

d. creates a 2-tier societal class system where the poor patients remain in the public option and the rich class are in the private option

e. b, c, and d only

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91845339

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