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MHA707 LSUS EXAM C QUESTIONS WITH ALL CORRECT 100% VERIFIED ANSWERS LATEST VERSION ALREADY PASSED

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MHA707 LSUS EXAM C QUESTIONS WITH ALL CORRECT 100% VERIFIED ANSWERS LATEST VERSION ALREADY PASSED

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MHA707 LSUS EXAM C

QUESTIONS WITH ALL CORRECT 100%

VERIFIED ANSWER LATEST VERSION

ALREADY PASSED




THIS EXAM CONTAINS:

 MHA707 LSUS EXAM C

 QUESTIONS WITH 100% VERIFIED ANSWER

 LATEST VERSION

 GUARANTEED PASS




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, 1. Moral Hazard:

Answer When the act of insuring an event increases the likelihood that the event will
happen



behaving ditterent when you know someone is taking the risk (induced demand)

2. Adverse Selection:

Answer the situation in which one party to a transaction takes advantage of knowing
more than the other party to the transaction

the sicker people likely want more insurance, compared to those who are healthy

3. Pooling of Risk:

Answer Allows individuals to share risk, i.e., insurance companies

4. National Health Expenditure Accounts (NHEA):

Answer Provides oflcial estimates of health care spending in the US. It
measures health care consumption and health care investment.

5. NHEA Benefits:
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, Answer Comprehensive: includes all major components of health care system in
unified, mutually exclusive, and exhaustive structure

Multidimensional: encompasses expenditures as well as payers



Consistent: applies a common set of definitions that permits longitudinal
comparisons Published by DHHS

6. Accounts in the NHEA:
Answer National Health Expenditures: NHE

Health Consumption
Expenditures: HCE
Personal Health Care:
PHC

7. National Health Expenditures:
Answer NHE: all health care consumption and investments in medical

structures and equipment and noncommercial health services and biomedical research



NHE - HCE = Amount of investment in the medical sector of economy (buildings, research,
equipment)

Health Consumption Expenditures: HCE: a subset of NHE, includes
8.
personal health care spend- ing, government administration and net cost of private
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