HCMG MIDTERM
EXAM
QUESTIONS
WITH 100%
CORRECT
Evatee 8/15/24 HCMG
, HCMG MIDTERM EXAM QUESTIONS WITH
100% CORRECT ANSWERS!!
first major health policy report in the US Answer - committee on the costs of
medical care (found access disparities, economic barriers)
blue cross Answer - beginning of private health insurance (prepayment for
hospital care)
basic problem with blue cross Answer - adverse selection (people who are
more likely to need healthcare are the ones who buy insurance)
AMA against _____ Answer - 3rd party payment (want to keep control over
healthcare provision: only liked insurance over professional control)
nixon's economic stabilization program (ESP) Answer - wage/price controls to
deal with inflation, hospital rate setting programs
quasi-market price system (US) Answer - prices negotiated by private insurers
with providers (public insurers set prices, but otherwise gov't doesn't control
payment)
quasi-governmental system Answer - prices regulated by one public
insurer/direct from government
why isn't healthcare a well-functioning market? Answer - limited provider
competition, information gap, third party payment changes prices
EXAM
QUESTIONS
WITH 100%
CORRECT
Evatee 8/15/24 HCMG
, HCMG MIDTERM EXAM QUESTIONS WITH
100% CORRECT ANSWERS!!
first major health policy report in the US Answer - committee on the costs of
medical care (found access disparities, economic barriers)
blue cross Answer - beginning of private health insurance (prepayment for
hospital care)
basic problem with blue cross Answer - adverse selection (people who are
more likely to need healthcare are the ones who buy insurance)
AMA against _____ Answer - 3rd party payment (want to keep control over
healthcare provision: only liked insurance over professional control)
nixon's economic stabilization program (ESP) Answer - wage/price controls to
deal with inflation, hospital rate setting programs
quasi-market price system (US) Answer - prices negotiated by private insurers
with providers (public insurers set prices, but otherwise gov't doesn't control
payment)
quasi-governmental system Answer - prices regulated by one public
insurer/direct from government
why isn't healthcare a well-functioning market? Answer - limited provider
competition, information gap, third party payment changes prices
