medical fee schedules
When medical fee schedules are negotiated by two monopolists-one representing patients and one repre Show more When medical fee schedules are negotiated by two monopolists-one representing patients and one representing providers-the equilibrium medical fees will be greater than fees determined in a competitive market. be less than fees determined in a competitive market. be greater than fees determined by provider groups alone. be less than fees determined by patient groups alone. depend on the relative bargaining strengths of the two groups negotiating the fee schedule. Show lessWhen medical fee schedules are negotiated by two monopolists-one representing patients and one repre Show more When medical fee schedules are negotiated by two monopolists-one representing patients and one representing providers-the equilibrium medical fees will be greater than fees determined in a competitive market. be less than fees determined in a competitive market. be greater than fees determined by provider groups alone. be less than fees determined by patient groups alone. depend on the relative bargaining strengths of the two groups negotiating the fee schedule. Show less
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