HSA 358 Exam 3 UPDATED Exam
Questions and CORRECT Answers
A not-for-profit organization has all of the following attributes EXCEPT: - CORRECT
ANSWER Primarily serves corporate or private interests
Attributes of a Not-For-Profit Healthcare Organizations include all of the following EXCEPT: -
CORRECT ANSWER Files a tax return
What does Medicare Part D have to deal with? - CORRECT ANSWER prescription drug
benefit
What benefit does Medicare Part A offer to its recipients? - CORRECT ANSWER hospital
insurance
Part A of Medicare includes: - CORRECT ANSWER In-patient hospital care
Medicaid is one of the primary funders of health care in the country. This includes all of the
following EXCEPT: - CORRECT ANSWER Covering half the state and local bill for
long-term services and supports
Which of the following is an example of methods used to finance accounts receivable? -
CORRECT ANSWER Factoring and Pledging (A and C)
Which of the following statements regarding accounts receivable is INCORRECT? - CORRECT
ANSWER AR generally provides interest, and therefore, their collection becomes more
likely as time passes
Which of the following is NOT one of the typical characteristics of the uninsured? - CORRECT
ANSWER have high levels of income
, Which one of the following is NOT a Health Maintenance Organization (HMOs)? - CORRECT
ANSWER employment model
All of the following are cost-sharing EXCEPT: - CORRECT ANSWER comprehensive
Which of the following groups is NOT covered by Medicare? - CORRECT
ANSWER citizens 55 and younger
Which Health Insurance Cost of Premiums were the highest for individual coverage in 2014? -
CORRECT ANSWER HMOs
Which part of Medicare provides coverage for visits to physicians, outpatient treatments, and
preventive service? - CORRECT ANSWER Part B
What does Medicare Part C cover? - CORRECT ANSWER Medicare Advantage Plans
(MAs)
What is the primary source of funding in health care? - CORRECT ANSWER public
funding
Which of the following refers to "costs that are borne by the insured individual at the time of
service?" - CORRECT ANSWER copayments
The cost incurred at the time of payment is called a: - CORRECT ANSWER copayment
Which of the following are types of managed care plans? - CORRECT ANSWER ALL OF
THE ABOVE
-Health Maintenance Organizations (HMOs)
-Preferred Provider Organizations (PPOs)
-Point-of-Service Plans (POSs)
Questions and CORRECT Answers
A not-for-profit organization has all of the following attributes EXCEPT: - CORRECT
ANSWER Primarily serves corporate or private interests
Attributes of a Not-For-Profit Healthcare Organizations include all of the following EXCEPT: -
CORRECT ANSWER Files a tax return
What does Medicare Part D have to deal with? - CORRECT ANSWER prescription drug
benefit
What benefit does Medicare Part A offer to its recipients? - CORRECT ANSWER hospital
insurance
Part A of Medicare includes: - CORRECT ANSWER In-patient hospital care
Medicaid is one of the primary funders of health care in the country. This includes all of the
following EXCEPT: - CORRECT ANSWER Covering half the state and local bill for
long-term services and supports
Which of the following is an example of methods used to finance accounts receivable? -
CORRECT ANSWER Factoring and Pledging (A and C)
Which of the following statements regarding accounts receivable is INCORRECT? - CORRECT
ANSWER AR generally provides interest, and therefore, their collection becomes more
likely as time passes
Which of the following is NOT one of the typical characteristics of the uninsured? - CORRECT
ANSWER have high levels of income
, Which one of the following is NOT a Health Maintenance Organization (HMOs)? - CORRECT
ANSWER employment model
All of the following are cost-sharing EXCEPT: - CORRECT ANSWER comprehensive
Which of the following groups is NOT covered by Medicare? - CORRECT
ANSWER citizens 55 and younger
Which Health Insurance Cost of Premiums were the highest for individual coverage in 2014? -
CORRECT ANSWER HMOs
Which part of Medicare provides coverage for visits to physicians, outpatient treatments, and
preventive service? - CORRECT ANSWER Part B
What does Medicare Part C cover? - CORRECT ANSWER Medicare Advantage Plans
(MAs)
What is the primary source of funding in health care? - CORRECT ANSWER public
funding
Which of the following refers to "costs that are borne by the insured individual at the time of
service?" - CORRECT ANSWER copayments
The cost incurred at the time of payment is called a: - CORRECT ANSWER copayment
Which of the following are types of managed care plans? - CORRECT ANSWER ALL OF
THE ABOVE
-Health Maintenance Organizations (HMOs)
-Preferred Provider Organizations (PPOs)
-Point-of-Service Plans (POSs)
