LSUS MHA 710 EXAM 2 HEALTHCARE ECONOMICS EXAM LATEST
2026 ACTUAL EXAM WITH COMPLETE QUESTIONS AND CORRECT
DETAILED ANSWERS (100% VERIFIED ANSWERS) |ALREADY
GRADED A+| ||PROFESSOR VERIFIED|| ||BRANDNEW!!!||
The concept of quality-adjusted life year (QALY): - ANSWER-is
used extensively to evaluate medical care resource allocation
within government-run programs on fixed budgets, especially in
Europe.
Researchers estimate QALYs in a number of different ways. One
popular approach is called the - ANSWER-Standard gamble
Cost-effectiveness considerations are more formally integrated
into health policy making in - ANSWER-Australia, Europe,
Canada.
A critical assumption in the model of demand and supply is the
independence of demand and supply curves. If the two are not
independent, a shift in the supply curve can lead to a shift in the
demand curve referred to as: - ANSWER-Supplier induced
demand
,2|Page
The top ten causes of death in the United States in 2010 included
all of the following except - ANSWER-AIDS
The accompanying diagram depicts the relationship between
health status and medical care spending for a particular country.
Which of the following statements is true? - ANSWER-Social
pressures will move the health care system to spend S2.
Health care that actually harms the patient, such as an adverse
reaction to a prescription drug, is called: - ANSWER-iatrogenic
disease.
The number one cause of death in the United States in 1980 was:
- ANSWER-Heart disease
Health insurance features that tend to reduce moral hazard
include: - ANSWER-Deductibles, coinsurance, copayments
, 3|Page
Insurers try to minimize moral hazard by: - ANSWER-charging
deductibles and coinsurance.
McKeown's (1976) research attributed the majority of the secular
decline in mortality rates in Europe and North America to: -
ANSWER-better nutrition and housing.
The RAND Health Insurance Study - ANSWER-was the most
extensive controlled experiment in health insurance ever
conducted in the United States.
The following diagram depicts the market for physicians' services
that is originally in equilibrium at point a with demand and supply
at D0 and S0. As physician supply increases from S0 to S1, a
concurrent shift in demand from D0 to D1 - ANSWER-may be the
result of physician-induced demand.
will cause overall spending on physicians' services to increase.
The U.S. perinatal mortality rate (late fetal deaths plus deaths in
the neonatal period) was 5.9 in 2018, lower than those found in: -
ANSWER-France, UK and Switzerland