Question

Based on your reading of the following, choose the best question to ask.

Medicaid is an insurance program for low-income people funded by both the federal government and the states and
administered by each state. State A is planning to expand its Medicaid program, but some policymakers in State Athink
that the state should no longer administer Medicaid and instead contract with one or more third parties to manage care.
In considering the problem of extending coverage, which of the following questions should be considered?
What will be the consequences of expanding care by using private insurers?
How effective are current Medicaid programs and services?
Which private insurance plans will provide Medicaid services?
Are there specific time constraints for implementing a new policy?

Answer 1

An incentive is something that motivates an individual to perform an action. The study of incentive structures is central to the study of all economic activities (both in terms of individual decision-making and in terms of co-operation and competition within a larger institutional structure). Ultimately, incentives aim to provide value for money and contribute to organizational success. Government’s incentive is very effective among big companies because they will be force to do better and a reward is also waiting for them.

Step-by-step explanation: