MHA 707 Exam 3 questions and answers 100%
correct A+ updated
1. moral hazard behaving differently when you know someone else
is taking the risk (Induced demand)
2. adverse selection the sicker people likely want more
insurance (the healthier, less)
3. pooling of risk sharing risk proportionately among many is a basic insurance
concept
4. Non Expenditure Ac- counts (NHEA)
marketabili-
ty of risks
5. Asymmetries
of
information
Healthcare
6. Uncertainty
and Health
Care
7. single national
payment
system
8. National
Health
,MHA 707 Exam 3 questions and answers 100%
correct A+ updated
i ne and medical practice Health insurance
n
h Physician vs. patient (vs. 3rd Party payer)
e
r
e
financing health care in the United States is a complex matter
n
• Workarounds
t
• Redundancies
• Contradictions
i
n because the United States lacks a , for
healthcare, how the money is paid to the providers of health care has
m become very compli- cated.
e • Situation that to this point, health care reform policies have not
d reduced
i
c • Provide oflcial estimates of health care spending in the United States
i • Measures health care consumption and health care investment
9. Benefits of NHEA •Comprehensive—includes all major components of health care syste
in a
unified, mutually exclusive, and exhaustive structure
10.
,MHA 707 Exam 3 questions and answers 100%
correct A+ updated
Health Care • Multidimensional—encompasses expenditures as well as payers
Fi- nancing • Consistent—applies a common set of definitions that permits
longitudinal com- parisons
Published by the U.S. Department of Health and Human Services (DHHS)
11. NHEA produce National Health Expenditures (NHE)
Health Consumption Expenditures (HCE)
Personal Health Care (PHC)
NHE - HCE = Amount of investment in the Medical Sector of economy
12. National • All health care consumption and investments in medical structures
Health and equip- ment and noncommercial health services and biomedical
Expenditures research
(NHE)
13. Health Consump- •A subset of NHE
tion 16. In 2017, the Na- tional Health Ex-
Expendi- penditures (NHE) were
tures (HCE)
14. Personal
Health Care
(PHC)
15. Health care
spending
has
,MHA 707 Exam 3 questions and answers 100%
correct A+ updated
• Includes personal treat, and prevent health problems in a specific person
health care spending,
government administration increased in the United States every year since 1960 except for slight dips in
and net cost of private 2013 and 2017.
health insurance, and • Absolute amount
public health activities • Per capita amount
• Percentage of Gross Domestic Product (GDP)
• A subset of HCE
• Includes all medical •$3.49 trillion
goods and services that •17.9% of GDP
are used to diagnose, •$10,739 per capita
correct A+ updated
1. moral hazard behaving differently when you know someone else
is taking the risk (Induced demand)
2. adverse selection the sicker people likely want more
insurance (the healthier, less)
3. pooling of risk sharing risk proportionately among many is a basic insurance
concept
4. Non Expenditure Ac- counts (NHEA)
marketabili-
ty of risks
5. Asymmetries
of
information
Healthcare
6. Uncertainty
and Health
Care
7. single national
payment
system
8. National
Health
,MHA 707 Exam 3 questions and answers 100%
correct A+ updated
i ne and medical practice Health insurance
n
h Physician vs. patient (vs. 3rd Party payer)
e
r
e
financing health care in the United States is a complex matter
n
• Workarounds
t
• Redundancies
• Contradictions
i
n because the United States lacks a , for
healthcare, how the money is paid to the providers of health care has
m become very compli- cated.
e • Situation that to this point, health care reform policies have not
d reduced
i
c • Provide oflcial estimates of health care spending in the United States
i • Measures health care consumption and health care investment
9. Benefits of NHEA •Comprehensive—includes all major components of health care syste
in a
unified, mutually exclusive, and exhaustive structure
10.
,MHA 707 Exam 3 questions and answers 100%
correct A+ updated
Health Care • Multidimensional—encompasses expenditures as well as payers
Fi- nancing • Consistent—applies a common set of definitions that permits
longitudinal com- parisons
Published by the U.S. Department of Health and Human Services (DHHS)
11. NHEA produce National Health Expenditures (NHE)
Health Consumption Expenditures (HCE)
Personal Health Care (PHC)
NHE - HCE = Amount of investment in the Medical Sector of economy
12. National • All health care consumption and investments in medical structures
Health and equip- ment and noncommercial health services and biomedical
Expenditures research
(NHE)
13. Health Consump- •A subset of NHE
tion 16. In 2017, the Na- tional Health Ex-
Expendi- penditures (NHE) were
tures (HCE)
14. Personal
Health Care
(PHC)
15. Health care
spending
has
,MHA 707 Exam 3 questions and answers 100%
correct A+ updated
• Includes personal treat, and prevent health problems in a specific person
health care spending,
government administration increased in the United States every year since 1960 except for slight dips in
and net cost of private 2013 and 2017.
health insurance, and • Absolute amount
public health activities • Per capita amount
• Percentage of Gross Domestic Product (GDP)
• A subset of HCE
• Includes all medical •$3.49 trillion
goods and services that •17.9% of GDP
are used to diagnose, •$10,739 per capita
