Exam 1 review questions (HMGT 3301)
Complete With 100% Correct Answers
\Q\.what percentage of people are covered by healthcare? - ANSWERS✔-90%
\Q\.what percentage of our GDP does healthcare represent - ANSWERS✔-18%
\Q\.how many people does the healthcare workforce employ? - ANSWERS✔-16.4
million
\Q\.how much of the $3 trillion dollars spent on healthcare is considered
fraud/waste/abuse of the system? - ANSWERS✔-$1 trillion (1/3)
\Q\.how much does the US spend on healthcare research? - ANSWERS✔-$200
billion
\Q\.what does the quad-function model incorporate? - ANSWERS✔-financing,
insurance, delivery, payment
\Q\.what is required to be eligible for Medicare? - ANSWERS✔-at least 65 years
old
, \Q\.who is Medicaid and CHIP for? - ANSWERS✔-indigent, poor, children (based
on NEED)
\Q\.how many people are in Medicare? - ANSWERS✔-50 million (15%)
\Q\.how many people are in Medicaid? - ANSWERS✔-about 75 million
\Q\.what percentage do not have any health insurance? - ANSWERS✔-10%
\Q\.how many people turn 65 every day? - ANSWERS✔-10,000
\Q\.what was the main objective of the ACA? - ANSWERS✔-reduce the number of
uninsured
\Q\.who was the first president to drive some changes in healthcare? -
ANSWERS✔-Truman
\Q\.what is premium cost sharing? - ANSWERS✔-employer's requirement that
their employees pay a portion of health insurance cost
\Q\.what is a downside of a national health system? - ANSWERS✔-quality is not
reaching high standards
Complete With 100% Correct Answers
\Q\.what percentage of people are covered by healthcare? - ANSWERS✔-90%
\Q\.what percentage of our GDP does healthcare represent - ANSWERS✔-18%
\Q\.how many people does the healthcare workforce employ? - ANSWERS✔-16.4
million
\Q\.how much of the $3 trillion dollars spent on healthcare is considered
fraud/waste/abuse of the system? - ANSWERS✔-$1 trillion (1/3)
\Q\.how much does the US spend on healthcare research? - ANSWERS✔-$200
billion
\Q\.what does the quad-function model incorporate? - ANSWERS✔-financing,
insurance, delivery, payment
\Q\.what is required to be eligible for Medicare? - ANSWERS✔-at least 65 years
old
, \Q\.who is Medicaid and CHIP for? - ANSWERS✔-indigent, poor, children (based
on NEED)
\Q\.how many people are in Medicare? - ANSWERS✔-50 million (15%)
\Q\.how many people are in Medicaid? - ANSWERS✔-about 75 million
\Q\.what percentage do not have any health insurance? - ANSWERS✔-10%
\Q\.how many people turn 65 every day? - ANSWERS✔-10,000
\Q\.what was the main objective of the ACA? - ANSWERS✔-reduce the number of
uninsured
\Q\.who was the first president to drive some changes in healthcare? -
ANSWERS✔-Truman
\Q\.what is premium cost sharing? - ANSWERS✔-employer's requirement that
their employees pay a portion of health insurance cost
\Q\.what is a downside of a national health system? - ANSWERS✔-quality is not
reaching high standards
