ACTUAL Exam Questions and CORRECT
Answers
Which of the following best describes the method of funding for health care in the United States?
- CORRECT ANSWER - Private payers and public programs
What was the traditional method of reimbursement for health services before passage of the
Affordable Care Act (ACA)? - CORRECT ANSWER - Fee-for-service
Which of the following groups of people is eligible for Medicare? - CORRECT
ANSWER - Any adult with end-stage renal disease
Which group developed the first private hospital insurance plan in 1929? - CORRECT
ANSWER - Teachers
In 2019, Medicaid provided coverage to how many Americans, which makes it the nation's
largest public health insurance program? - CORRECT ANSWER - 1 in 5
The most significant change in government healthcare financing was when Congress approved
which of these health insurance programs with the passage of Title XVIII and Title XIX,
respectively, of the Social Security Act of 1965? - CORRECT ANSWER - Medicaid
Which of the following statements best describes the "fee-for-service" model of payment? -
CORRECT ANSWER - The payee is financially rewarded for volume of services rather
than for quality of service or cost control.
Managed Care Organizations is a healthcare delivery system designed to manage cost,
utilization, and quality. (T/F) - CORRECT ANSWER - TRUE
, In 1983, Congress passed a prospective payment bill, under which hospitals are paid a set
amount for each patient according to the length of time they stayed in the hospital. (T/F) -
CORRECT ANSWER - FALSE
In 2019, total healthcare spending was $3.8 trillion, representing 27.7% of the gross domestic
product (GDP) in the United States. (T/F) - CORRECT ANSWER - FALSE
The aging of our population has important implications on which of the following? (Select all
correct answers) - CORRECT ANSWER - Health Care
Social Service
Caregiving
Which of the following statements about Medicaid is true? (Select all correct answers) -
CORRECT ANSWER - It pays Medicare premiums
It covers prescription drugs
It is the primary payer for and the only safety-net program for long-term services and supports
for many low- and middle- income families.
Privately funded long-term care providers that are regulated by federal and/or state governments
include which of the following? (Select all correct answers) - CORRECT ANSWER -
Residential care communities
Home Health Agencies
Hospice
Adult Day Care
Which of the following will be the most important disability associated with our aging
population? - CORRECT ANSWER - Chronic Diseases
Medicare health insurance is divided into four parts. Which part covers prescription
medications? - CORRECT ANSWER - Medicare D