MHA 707 Exam C Newest 2025/2026 Complete
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Terms in this set (87)
When the act of insuring an event increases the
likelihood that the event will happen
Moral Hazard
behaving different when you know someone is taking
the risk (induced demand)
the situation in which one party to a transaction takes
advantage of knowing more than the other party to
the transaction
Adverse Selection
the sicker people likely want more insurance,
compared to those who are healthy
Allows individuals to share risk, i.e., insurance
Pooling of Risk
companies
National Health Provides official estimates of health care spending in
Expenditure Accounts the US. It measures health care consumption and
(NHEA) health care investment.
, Comprehensive: includes all major components of
health care system in unified, mutually exclusive, and
exhaustive structure
Multidimensional: encompasses expenditures as well
NHEA Benefits
as payers
Consistent: applies a common set of definitions that
permits longitudinal comparisons
Published by DHHS
National Health Expenditures: NHE
Accounts in the NHEA Health Consumption Expenditures: HCE
Personal Health Care: PHC
all health care consumption and investments in
medical structures and equipment and
noncommercial health services and biomedical
National Health
research
Expenditures: NHE
NHE - HCE = Amount of investment in the medical
sector of economy (buildings, research, equipment)
a subset of NHE, includes personal health care
Health Consumption
spending, government administration and net cost of
Expenditures: HCE
private health insurance and public health activities
subset of HCE, including all medical goods and
Personal Health Care:
service that's used to diagnose, treat, and prevent
PHC
health problems of a specific person
$3.49 Trillion
How much NHE spent on Per capita amount: over $10k
Health Care? % of GDP: 18%
Buying Power: $1,200 when adjusted by CPI
Largest contributors to the hospitalization, physician services, Rx, other health
Personal Health Care care goods and services
(PHC)
Questions And Correct Answers (Verified
Answers)|Brand New Version!
Save
Terms in this set (87)
When the act of insuring an event increases the
likelihood that the event will happen
Moral Hazard
behaving different when you know someone is taking
the risk (induced demand)
the situation in which one party to a transaction takes
advantage of knowing more than the other party to
the transaction
Adverse Selection
the sicker people likely want more insurance,
compared to those who are healthy
Allows individuals to share risk, i.e., insurance
Pooling of Risk
companies
National Health Provides official estimates of health care spending in
Expenditure Accounts the US. It measures health care consumption and
(NHEA) health care investment.
, Comprehensive: includes all major components of
health care system in unified, mutually exclusive, and
exhaustive structure
Multidimensional: encompasses expenditures as well
NHEA Benefits
as payers
Consistent: applies a common set of definitions that
permits longitudinal comparisons
Published by DHHS
National Health Expenditures: NHE
Accounts in the NHEA Health Consumption Expenditures: HCE
Personal Health Care: PHC
all health care consumption and investments in
medical structures and equipment and
noncommercial health services and biomedical
National Health
research
Expenditures: NHE
NHE - HCE = Amount of investment in the medical
sector of economy (buildings, research, equipment)
a subset of NHE, includes personal health care
Health Consumption
spending, government administration and net cost of
Expenditures: HCE
private health insurance and public health activities
subset of HCE, including all medical goods and
Personal Health Care:
service that's used to diagnose, treat, and prevent
PHC
health problems of a specific person
$3.49 Trillion
How much NHE spent on Per capita amount: over $10k
Health Care? % of GDP: 18%
Buying Power: $1,200 when adjusted by CPI
Largest contributors to the hospitalization, physician services, Rx, other health
Personal Health Care care goods and services
(PHC)
