Which of the following statements about the certificate of need legislation is false?
a) Patients benefit from the certificate of need legislation in the nursing home market, since CON legislation ensured incentives for nursing homes to provide high-quality care to attract more patients.
b) Current providers benefit from the certificate of need legislation in the nursing home market, as they face less competition from potential market entrants.
c) Taxpayers benefit from the certificate of need legislation in the nursing home market, since they have less nursing homes to support through tax payments to Medicaid.
d) State regulators benefit from the certificate of need legislation in the nursing home market, as CON regulations reduced state Medicaid budgets.
e) Nursing home owners benefit from the certificate of need legislation in the nursing home market, as restricted entry into the market leads to excess profits.