Question

Which of the following is NOT one of the three regulations identified by TR Reid that are present in other developed countries that have a generally well-functioning market-based health system?

a) Universal access to healthcare services
b) Community rating
c) No-profit motive for insurers
d) Guaranteed issue of insurance

Answer 1

No-profit motive for insurers. Thus the option C is correct answer.

Step-by-step explanation:

In TR Reid's analysis of regulations in other developed countries with well-functioning market-based health systems, the absence of a profit motive for insurers is not identified as one of the three key regulations. The three regulations highlighted by Reid include universal access to healthcare services, community rating, and guaranteed issue of insurance. These regulations contribute to the effectiveness of market-based health systems by ensuring broad access, fair pricing, and coverage availability regardless of pre-existing conditions.

Universal access to healthcare services means that everyone in the system has access to necessary medical services. Community rating involves insurers setting premiums based on the community's overall risk rather than individual health status, promoting fairness. Guaranteed issue of insurance ensures that individuals cannot be denied coverage due to pre-existing conditions, promoting inclusivity in the health insurance market.

While the absence of a profit motive for insurers may be an aspect of certain healthcare systems, it is not one of the three specific regulations emphasized by TR Reid in the context of well-functioning market-based health systems. Other countries often achieve success by focusing on these three core regulations to create a balanced and accessible healthcare system for their populations.Thus the option C is correct answer.

Answer 2

The regulation not identified by TR Reid as being part of well-functioning health systems in other developed countries is 'c) No-profit motive for insurers'. Other regulations such as universal access, community rating, and guaranteed issue are typically present.

Step-by-step explanation:

The option which is NOT one of the three regulations identified by TR Reid for a generally well-functioning market-based health system is 'c) No-profit motive for insurers'.

Developed countries with successful healthcare systems commonly have regulations including Universal access to healthcare services, Community rating, where insurers must offer policies within a given region at the same price to all persons without medical underwriting, and Guaranteed issue of insurance, which prohibits insurers from denying coverage to individuals due to pre-existing conditions.

However, not all these systems remove the profit motive for insurers; some mix public and private aspects, allowing for-profit insurers to operate under strict regulations.

Hence, the answer is option c.