RMI 3011 Chapter 11 - Health Insurance
Question and answers 100% correct
The US health-care delivery system has four major problems: - correct
answer ✔Rising health-care expenditures
Large number of uninsured in the population
Uneven quality of medical care
Considerable waste and inefficiency
Defects in financing health care
Abusive insurer practices
Problem 1: Rising Health-Care Expenditures - correct answer ✔Health-care
expenditures in the US have increased substantially over time and are
growing faster than the national economy
Estimated national health expenditures totaled just over $2.8 trillion in 2012,
or 17.6 percent of the nation's GDP.
More than one in six dollars of the nation's income is spent - correct answer
✔on health care.
Reasons for the increase in spending include: - correct answer ✔Increase in
consumer demand
Advances in technology
Cost insulation because of third-party payers
Employment-based health insurance
State-mandated benefits
Increased spending on prescription drugs
Cost shifting by Medicare and Medicaid
, Higher administrative costs
Rising prices in the health-care sector
Defensive medicine
***** Aging of the population is not a major factor
Problem 2: Many people do not have health insurance coverage - correct
answer ✔49.9 million people, or 16.3% of the US population had no health
insurance coverage in 2010
Many people are uninsured because the coverage is not affordable
Many low income people who are eligible for Medicaid are not aware they are
eligible
Groups with large number of uninsured include: - correct answer ✔Foreign
born
Hispanics, Blacks, and Asians
Young adults
Low income households
The consequences of being uninsured are severe: - correct answer ✔The
uninsured often delay or skip needed medical care because of high costs
When the uninsured receive medical care, they frequently pay more for that
care
Question and answers 100% correct
The US health-care delivery system has four major problems: - correct
answer ✔Rising health-care expenditures
Large number of uninsured in the population
Uneven quality of medical care
Considerable waste and inefficiency
Defects in financing health care
Abusive insurer practices
Problem 1: Rising Health-Care Expenditures - correct answer ✔Health-care
expenditures in the US have increased substantially over time and are
growing faster than the national economy
Estimated national health expenditures totaled just over $2.8 trillion in 2012,
or 17.6 percent of the nation's GDP.
More than one in six dollars of the nation's income is spent - correct answer
✔on health care.
Reasons for the increase in spending include: - correct answer ✔Increase in
consumer demand
Advances in technology
Cost insulation because of third-party payers
Employment-based health insurance
State-mandated benefits
Increased spending on prescription drugs
Cost shifting by Medicare and Medicaid
, Higher administrative costs
Rising prices in the health-care sector
Defensive medicine
***** Aging of the population is not a major factor
Problem 2: Many people do not have health insurance coverage - correct
answer ✔49.9 million people, or 16.3% of the US population had no health
insurance coverage in 2010
Many people are uninsured because the coverage is not affordable
Many low income people who are eligible for Medicaid are not aware they are
eligible
Groups with large number of uninsured include: - correct answer ✔Foreign
born
Hispanics, Blacks, and Asians
Young adults
Low income households
The consequences of being uninsured are severe: - correct answer ✔The
uninsured often delay or skip needed medical care because of high costs
When the uninsured receive medical care, they frequently pay more for that
care
