One of the special features of the health care market is asymmetric information. Which of the following is not characteristic of asymmetric information? Multiple Choice Fee-for-pay arrangements lead to excessive quantities of services prescribed

The answer is: Fee-for-pay arrangements lead to excessive amounts of services prescribed.

Explanation:

The situations in which there is asymmetric information in the contractual relationship in the General Health Social Security System, consist in which one actor knows something that the other does not know.

1.- The client chooses according to his ability to pay, either the tax regime (EPS) or the subsidized regime (ARS).

2.- Another type of contract is that of the ARS, substantially cheaper, because it is a subsidized regime, where in case of illness it covers only the expenses that cannot exceed a certain amount, the rest is covered by the FOSYGA.

3.- Different types of users are interested in different coverages, so there are then additional alternatives such as prepaid medicine, which in some cases are offered by the same EPS contemplating different alternatives, with different coverage according to the payment capacity of the one who takes the contract.  

4.- In other cases the contracting has, however, different properties. The agreement is proposed only to those who meet certain characteristics.

The answer is: Fee-for-pay arrangements lead to excessive amounts of services prescribed.

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