US healthcare system Chapter 1: Overview: Exam Questions and
Answers with Verified Solutions | Latest 2026 Update
Q: Primary objectives of the system
Answer:
cost access quality
Q: US Healthcare System
Answer:
not a system no universal health with taxes
no entitlement
Q: US healthcare not available to all but there are exceptions
Answer:
EMTALA (Emergency medicine and treatment act)
Moral Hazard- insulated by cost so use a lot
Q: US Healthcare system employs
Answer:
16.4 million people
Q: Financing and Insurance mechanisms
Answer:
-employer based health insurance (50% healthcare system)
-privately purchased insurance
-goverrnment programs (50% healthcare system)
Q: US Health care system leads the world in
Answer:
med technology and training research
Q: Characteristics of US healthcare system (7)
Answer:
-political climate
-economic development
-technological process
, -social and cultural values
-physical environment
-population characteristics
-Global influences
Q: 10 characteristics differentiate US healthcare system (1 Other countries)
Answer:
1. no central agency other countries use global budget to control cost
govt usually controls frequency of spending (tech)
Q: 10 characteristics differentiate US healthcare system (1 US)
Answer:
no one monitors through global budgets
determines public sector expenses and reimbursement rates for medicare and
medicaid + regulations
Q: ACA on uninsured
Answer:
32 mil of previously 50 mil people became insured 30 mil still uninsured
Q: 10 characteristics differentiate US healthcare system (2)
Answer:
2. Partial Access ability to obtain healthcare when needed
restricted to those who can pay insurance ensures access
Q: 10 characteristics differentiate US healthcare system (3)
Answer:
3. Imperfect market national healthcare -> economic markets don't exist
private healthcare with integration US has quasi market
Q: quasi market
Answer:
healthcare partially managed by free markets price by supply and demand
unrestrained competition info on services
bear cost of services
Q: exception to quasi market
Answers with Verified Solutions | Latest 2026 Update
Q: Primary objectives of the system
Answer:
cost access quality
Q: US Healthcare System
Answer:
not a system no universal health with taxes
no entitlement
Q: US healthcare not available to all but there are exceptions
Answer:
EMTALA (Emergency medicine and treatment act)
Moral Hazard- insulated by cost so use a lot
Q: US Healthcare system employs
Answer:
16.4 million people
Q: Financing and Insurance mechanisms
Answer:
-employer based health insurance (50% healthcare system)
-privately purchased insurance
-goverrnment programs (50% healthcare system)
Q: US Health care system leads the world in
Answer:
med technology and training research
Q: Characteristics of US healthcare system (7)
Answer:
-political climate
-economic development
-technological process
, -social and cultural values
-physical environment
-population characteristics
-Global influences
Q: 10 characteristics differentiate US healthcare system (1 Other countries)
Answer:
1. no central agency other countries use global budget to control cost
govt usually controls frequency of spending (tech)
Q: 10 characteristics differentiate US healthcare system (1 US)
Answer:
no one monitors through global budgets
determines public sector expenses and reimbursement rates for medicare and
medicaid + regulations
Q: ACA on uninsured
Answer:
32 mil of previously 50 mil people became insured 30 mil still uninsured
Q: 10 characteristics differentiate US healthcare system (2)
Answer:
2. Partial Access ability to obtain healthcare when needed
restricted to those who can pay insurance ensures access
Q: 10 characteristics differentiate US healthcare system (3)
Answer:
3. Imperfect market national healthcare -> economic markets don't exist
private healthcare with integration US has quasi market
Q: quasi market
Answer:
healthcare partially managed by free markets price by supply and demand
unrestrained competition info on services
bear cost of services
Q: exception to quasi market
