MHA 710 EXAM 2 LSUS FULL REVISION NOTES
WITH HEALTH INSURANCE AND MARKET
FAILURE CONCEPTS
◉ 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.
◉ A physician's ability to induce demand is greatly enhanced when:
Answer: patients have difficulty gathering and processing
information.
◉ According to Grossman (1972), how is the demand for medical
care determined?
Answer: It is derived from the demand for health.
◉ The intangible costs associated with reduced quality of life
include:
Answer: pain and suffering.
, ◉ 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.
◉ Under which of the following circumstances is the principal-agent
relationship likely to be most problematic?
Answer: Between surgeons and patients
◉ Which of the following would likely lead to the greatest
improvement in the health status of the population in the United
States?
Answer: Improved lifestyles changes
◉ Many economists consider medical care a superior good. Which of
the following statements is true regarding a superior good?
Answer: As consumer income increases, consumers spend more on
superior goods.
◉ When measuring the effectiveness of a treatment, surrogate
measures reflect clinical efficacy and include:
Answer: bone-mass density (BMD).
◉ Which of the following is least responsible for the reduction in
mortality rates in Europe and North America?
WITH HEALTH INSURANCE AND MARKET
FAILURE CONCEPTS
◉ 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.
◉ A physician's ability to induce demand is greatly enhanced when:
Answer: patients have difficulty gathering and processing
information.
◉ According to Grossman (1972), how is the demand for medical
care determined?
Answer: It is derived from the demand for health.
◉ The intangible costs associated with reduced quality of life
include:
Answer: pain and suffering.
, ◉ 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.
◉ Under which of the following circumstances is the principal-agent
relationship likely to be most problematic?
Answer: Between surgeons and patients
◉ Which of the following would likely lead to the greatest
improvement in the health status of the population in the United
States?
Answer: Improved lifestyles changes
◉ Many economists consider medical care a superior good. Which of
the following statements is true regarding a superior good?
Answer: As consumer income increases, consumers spend more on
superior goods.
◉ When measuring the effectiveness of a treatment, surrogate
measures reflect clinical efficacy and include:
Answer: bone-mass density (BMD).
◉ Which of the following is least responsible for the reduction in
mortality rates in Europe and North America?
