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Q: What is an example of variable cost in health care?
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What are the three different methods of cost containment and briefly describe how each method raises the cost of health care?

Three different methods of cost containment are: technological advances, the aging population, and health related lawsuits. Technological advances is raising the cost of health care because of the heart, kidney, lung, and liver transplants; transplants cost millions of dallors. The aging population is raising the cost of health care because older individuals have more chronic diseases and need more health services. Health related lawsuits is raising the cost of health care because lawsuits force health care providers to obtain expensive malpractice insurance.


Examples of variable cost and fixed cost?

Direct labor and direct material is example of variable cost which increase with each increase of unit. Factory rent is example of fixed cost which remains fixed even in change in number of units produced.


What is directly variable cost?

Directly variable cost means that which cost is directly related with the number of production of units of products. Example: For example if material amounting 10 is required to produce 1 product unit then total material amount of 100 will be required to produce 10 units of product in this case 10 is the variable cost per unit and 100 is the variable cost for 10 units of product.


Is the production manager's salary is an example of variable cost?

Because the production manager's salary remains the same, regardless of the production level, this salary is a fixed cost, not a variable cost.


How segregate the semi variable cost?

In semi variable cost :variable cost = change in cost/change in output then with that rate * output = variable cost semi variable cost - variable cost = fixed cost

Related questions

Is insurance premiums for fire insurance an example of variable cost?

is insurance premiums for fire insurance an example of variable cost?


Health care of Spain?

the cost of the health care is about (((((((((((((((((((I DONT KNOW)))))))))))))))))))))))))


What does cost variable mean?

Variable cost is the cost which varies as variation in production units For example if 10 units produce variable cost = 100 if 100 units produce variable cost =1000 so per unit variable cost = 10


What are Employee wages are an example of?

variable cost


How much does health care of an infant cost?

Health care of an infant will cost varying amounts of money. This depends on what kind of insurance the infant has, and what kind of health conditions they may need care for. For a family of 5, health care will cost around $500 a month. For a baby, it will cost $70 alone, or more.


Is it better to have good health care at high cost for some or minimal health care for everyone at low cost?

Ask a Cuban.


What has the author Peter J Neumann written?

Peter J. Neumann has written: 'Using cost-effectiveness analysis to improve health care' -- subject(s): Cost effectiveness, Cost of Medical care, Cost-Benefit Analysis, Health Care Costs, Medical care, Medical care, Cost of


What are some examples of variable costs in a business?

One example of a variable cost in a business is labor costs because the amount of people a business employs fluctuates greatly, especially during the holiday season. Another example of a variable cost is the cost of materials.


What has the author Erin Do written?

Erin Do has written: 'Financing health care for the uninsured' -- subject(s): Cost of Medical care, Health Insurance, Insurance, Health, Medical care, Cost of, Medically uninsured persons


Who has not Access to health care?

Just about everyone has access to health care, but if they can't afford the cost they have a problem.


Which cost is an example of a variable cost?

Sales and comssion on other categories


What are the three different methods of cost containment and briefly describe how each method raises the cost of health care?

Three different methods of cost containment are: technological advances, the aging population, and health related lawsuits. Technological advances is raising the cost of health care because of the heart, kidney, lung, and liver transplants; transplants cost millions of dallors. The aging population is raising the cost of health care because older individuals have more chronic diseases and need more health services. Health related lawsuits is raising the cost of health care because lawsuits force health care providers to obtain expensive malpractice insurance.