ELE 3010 EXAM 2 FINAL PAPER 2026 SOLVED
QUESTIONS AND FULL SOLUTION UPDATED
◉ Cause of overtreatment
Answer: Provider habits
◉ Another cause of overtreatment
Answer: Financial incentives
◉ Administrative complexity refers to
Answer: Excess bureaucracy
◉ Pricing failure occurs when
Answer: Prices exceed efficient market levels
◉ Key reason US spending is high
Answer: Higher prices
◉ Healthcare utilization in US compared to peers
Answer: Lower or similar
,◉ Concept behind value-based care
Answer: Maximize outcomes per dollar spent
◉ Stakeholders disagree on value definition
Answer: Patients insurers manufacturers
◉ Example ethical dilemma in value care
Answer: Value of extended life
◉ Policy debate raised by expensive drugs
Answer: Benefit versus cost
◉ Semaglutides are originally used to treat
Answer: Diabetes
◉ New popular use of semaglutides
Answer: Weight loss
◉ Example GLP-1 medication
Answer: Ozempic
◉ Another GLP-1 medication
, Answer: Wegovy
◉ Why semaglutides are controversial
Answer: High cost and demand
◉ Agency administering Medicare and Medicaid
Answer: CMS
◉ Requirement for drug coverage
Answer: Safe and effective
◉ Policy analysis agency
Answer: CBO
◉ CBO evaluates legislation using
Answer: Cost and benefit projections
◉ Employers increasingly cover which drugs
Answer: Weight loss medications
◉ Insurance strategy limiting drug use
Answer: Prior authorization
QUESTIONS AND FULL SOLUTION UPDATED
◉ Cause of overtreatment
Answer: Provider habits
◉ Another cause of overtreatment
Answer: Financial incentives
◉ Administrative complexity refers to
Answer: Excess bureaucracy
◉ Pricing failure occurs when
Answer: Prices exceed efficient market levels
◉ Key reason US spending is high
Answer: Higher prices
◉ Healthcare utilization in US compared to peers
Answer: Lower or similar
,◉ Concept behind value-based care
Answer: Maximize outcomes per dollar spent
◉ Stakeholders disagree on value definition
Answer: Patients insurers manufacturers
◉ Example ethical dilemma in value care
Answer: Value of extended life
◉ Policy debate raised by expensive drugs
Answer: Benefit versus cost
◉ Semaglutides are originally used to treat
Answer: Diabetes
◉ New popular use of semaglutides
Answer: Weight loss
◉ Example GLP-1 medication
Answer: Ozempic
◉ Another GLP-1 medication
, Answer: Wegovy
◉ Why semaglutides are controversial
Answer: High cost and demand
◉ Agency administering Medicare and Medicaid
Answer: CMS
◉ Requirement for drug coverage
Answer: Safe and effective
◉ Policy analysis agency
Answer: CBO
◉ CBO evaluates legislation using
Answer: Cost and benefit projections
◉ Employers increasingly cover which drugs
Answer: Weight loss medications
◉ Insurance strategy limiting drug use
Answer: Prior authorization