HCAD 201 Final Exam Questions &
Answers (Grade A+)
What is the basic principle behind health insurance -
correct answer ✅pooled risks
The largest share of total US health care expenditures usually pays
for what -
correct answer ✅personal health care services provided to
individuals
Enrollment in Medicare has doubled since its passage, but annual
expenditures have -
correct answer ✅increased 40-fold
why have a number of providers stopped serving MC or MA
patients in recent years -
correct answer ✅payment rates have not kept up with health care
costs
example of an out of network provider -
correct answer ✅a provider that does not negotiate rates with an
insurer through a contract
,HCAD 201 Final Exam Questions &
Answers (Grade A+)
Almost 1/3 of MC spending is devoted to what -
correct answer ✅Patients in their last two years of life
The institute of medicine identifies what as the primary source of
wasteful health care spending -
correct answer ✅medical errors
Which families are most likely to have their annual health care
spending exceed the average -
correct answer ✅no insurance, underinsured, have member with
chronic disease
Managed care tries to encourage customers to avoid? -
correct answer ✅over utilization with copays and deductibles
who does healthcare quality affect -
correct answer ✅individuals and populations
Medical errors can refer to what realms -
correct answer ✅disease, injury, syndrome
, HCAD 201 Final Exam Questions &
Answers (Grade A+)
example of a model that rewards health care providers for
providing quality care -
correct answer ✅pay for performance programs
what is especially important for those in leadership positions -
correct answer ✅prioritizing quality and safety
Disruptive innovation -
correct answer ✅innovations that create new markets
how do disruption innovations create new markets -
correct answer ✅provides different set of values to appeal to a
new customer base
Examples of disruptive innovation in health care -
correct answer ✅telemedicine, wearable health devices, retail
clinics
What is Telemedicine -
correct answer ✅use of telecommunication to provide healthcare
from a distance
Answers (Grade A+)
What is the basic principle behind health insurance -
correct answer ✅pooled risks
The largest share of total US health care expenditures usually pays
for what -
correct answer ✅personal health care services provided to
individuals
Enrollment in Medicare has doubled since its passage, but annual
expenditures have -
correct answer ✅increased 40-fold
why have a number of providers stopped serving MC or MA
patients in recent years -
correct answer ✅payment rates have not kept up with health care
costs
example of an out of network provider -
correct answer ✅a provider that does not negotiate rates with an
insurer through a contract
,HCAD 201 Final Exam Questions &
Answers (Grade A+)
Almost 1/3 of MC spending is devoted to what -
correct answer ✅Patients in their last two years of life
The institute of medicine identifies what as the primary source of
wasteful health care spending -
correct answer ✅medical errors
Which families are most likely to have their annual health care
spending exceed the average -
correct answer ✅no insurance, underinsured, have member with
chronic disease
Managed care tries to encourage customers to avoid? -
correct answer ✅over utilization with copays and deductibles
who does healthcare quality affect -
correct answer ✅individuals and populations
Medical errors can refer to what realms -
correct answer ✅disease, injury, syndrome
, HCAD 201 Final Exam Questions &
Answers (Grade A+)
example of a model that rewards health care providers for
providing quality care -
correct answer ✅pay for performance programs
what is especially important for those in leadership positions -
correct answer ✅prioritizing quality and safety
Disruptive innovation -
correct answer ✅innovations that create new markets
how do disruption innovations create new markets -
correct answer ✅provides different set of values to appeal to a
new customer base
Examples of disruptive innovation in health care -
correct answer ✅telemedicine, wearable health devices, retail
clinics
What is Telemedicine -
correct answer ✅use of telecommunication to provide healthcare
from a distance
