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LSUS MHA 710 Exam 2 Questions with 100% Correct Answers Latest Graded A+

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LSUS MHA 710 Exam 2 Questions with 100% Correct Answers Latest Graded A+

Institution
Health Economics
Course
Health Economics

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LSUS MHA 710 Exam 2 Questions with 100% Correct Answers
Latest Graded A+


Question:
Suppose you must rely exclusively on cost-effectiveness analysis (CEA) to determine whether a
category of people receives an expensive, potentially life-saving, intervention. Which of the
following considerations must you keep in mind when making your decision?
Answer:
CEA ignores the possibility that certain unidentified individuals in a group may have a greater than
normal positive response to the treatment


Question:
Suppose your assignment is to use the standard time trade-off approach to measure quality of life.
You are given the following information: An individual is faced with living the remaining 10 years
of their life suffering from severe osteoporosis. The individual reveals that they would be willing to
give up four of those years to live the remaining six in perfect health. What is the utility of one year
in a chronic health state relative to perfect health?
Answer:
0.6


Question:
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.


Question:
The accompanying diagram depicts the relationship between health status and medical care
spending for a particular country. Assume the current spending level is S on TP . All of the
statements below are true?
Answer:
S1 levels of spending are often described as spending on the flat of the curve.


Question:

, There are substantial differences in medical care use by demographic characteristics such as age,
sex, and marital status. Which of the following statements is true?
Answer:
Adult women spend more money on medical care than men do.


Question:
A physician's ability to induce demand is greatly enhanced when:
Answer:
patients have difficulty gathering and processing information.


Question:
According to Grossman (1972), how is the demand for medical care determined?
Answer:
It is derived from the demand for health.


Question:
The intangible costs associated with reduced quality of life include:
Answer:
pain and suffering.


Question:
The primary tasks required to conduct a successful cost effectiveness study are all of the following
except:
Answer:
identifying the overall cost of a health condition on society.


Question:
Under which of the following circumstances is the principal-agent relationship likely to be most
problematic?
Answer:
Between surgeons and patients


Question:

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Institution
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Course
Health Economics

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