HMGT 3301 Exam 1 Questions With Complete Solutions
_______ reimbursement is based on the assumption that health
care is provided in a set of identifiable and individually distinct
units of services Correct Answers Fee-for-service
A copayment is generally paid Correct Answers Each time the
insured receives health care services
A free market in the healthcare requires: Correct Answers All
of the above
A health insurance plan pays for medical care only after the
insured has first paid $1000 out of pocket on an annual basis.
The $1000 annual cost is called Correct Answers Deductible
A major factor influencing growth in the health care sector of
the U.S. economy is: Correct Answers The aging of the
population
According to the CDC, which factor contributes most to
premature death in the U.S. population? Correct Answers
Lifestyle and behaviors
By law, federal matching funds to the states for Medicaid cannot
be less than Correct Answers 50%
Capitation removes the incentive to Correct Answers Provide
unnecessary services
, Comorbidity Correct Answers When patients have multiple
health problems
During WWII, health insurance became employer-based
because of Correct Answers Wage freezes
During WWII, the US Supreme Court ruled that Correct
Answers Health insurance could be part of union-management
negotiations
For most privately insured Americans, health insurance is:
Correct Answers Employer-based
How are preexisting medical conditions covered under the
ACA? Correct Answers Private insurance plans have to cover
them starting 2014
If national health expenditures amount to 18% of the GDP, what
does this mean? Correct Answers Health care consumes 18% of
the total economic production
In a general sense, what is the primary purpose of insurance?
Correct Answers Protection against risk
In general, how do bronze, silver, gold, and platinum health
plans differ? Correct Answers They differ according to cost
sharing
Initially, what was the main purpose of private health insurance
in the US? Correct Answers Compensate for loss of income
during sickness and temporary disability
_______ reimbursement is based on the assumption that health
care is provided in a set of identifiable and individually distinct
units of services Correct Answers Fee-for-service
A copayment is generally paid Correct Answers Each time the
insured receives health care services
A free market in the healthcare requires: Correct Answers All
of the above
A health insurance plan pays for medical care only after the
insured has first paid $1000 out of pocket on an annual basis.
The $1000 annual cost is called Correct Answers Deductible
A major factor influencing growth in the health care sector of
the U.S. economy is: Correct Answers The aging of the
population
According to the CDC, which factor contributes most to
premature death in the U.S. population? Correct Answers
Lifestyle and behaviors
By law, federal matching funds to the states for Medicaid cannot
be less than Correct Answers 50%
Capitation removes the incentive to Correct Answers Provide
unnecessary services
, Comorbidity Correct Answers When patients have multiple
health problems
During WWII, health insurance became employer-based
because of Correct Answers Wage freezes
During WWII, the US Supreme Court ruled that Correct
Answers Health insurance could be part of union-management
negotiations
For most privately insured Americans, health insurance is:
Correct Answers Employer-based
How are preexisting medical conditions covered under the
ACA? Correct Answers Private insurance plans have to cover
them starting 2014
If national health expenditures amount to 18% of the GDP, what
does this mean? Correct Answers Health care consumes 18% of
the total economic production
In a general sense, what is the primary purpose of insurance?
Correct Answers Protection against risk
In general, how do bronze, silver, gold, and platinum health
plans differ? Correct Answers They differ according to cost
sharing
Initially, what was the main purpose of private health insurance
in the US? Correct Answers Compensate for loss of income
during sickness and temporary disability
