PSU: HPA 210 Quizzes UPDATED
ACTUAL Exam Questions and CORRECT
Answers
When was Medicare first introduced? - CORRECT ANSWER - 1960s
Someone who is 65 y/o with low income is eligible for - CORRECT ANSWER - Dual
Enrollment
One of the subsidies included in the Patient Protection and ACA is called "Cost Sharing
Reduction," which helps low income consumers pay for - CORRECT ANSWER - out-of-
pocket cost of care
Lizzy and Darcy both have the same lottery ticket, with 50% chance of winning $600 and 50%
chance of winning $0. Lizzy wants to sell the ticket for at least $380, whereas Darcy is willing to
sell the ticket for $320. This means: - CORRECT ANSWER - Neither Lizzy and Darcy are
risk averse
Among the non-elderly (64 or younger), which type of health insurance coverage has the highest
proportion in the U.S. population? - CORRECT ANSWER - None of the above
(Employer-Sponsor Health Insurance)
What type of employers are required by the ACA to provide health insurance to their workers? -
CORRECT ANSWER - Only large employers
As an early form of managed care, the Blue Shield originally covered - CORRECT
ANSWER - Physician services
Medicaid is funded by which of the following? - CORRECT ANSWER - The federal and
state governments
ACTUAL Exam Questions and CORRECT
Answers
When was Medicare first introduced? - CORRECT ANSWER - 1960s
Someone who is 65 y/o with low income is eligible for - CORRECT ANSWER - Dual
Enrollment
One of the subsidies included in the Patient Protection and ACA is called "Cost Sharing
Reduction," which helps low income consumers pay for - CORRECT ANSWER - out-of-
pocket cost of care
Lizzy and Darcy both have the same lottery ticket, with 50% chance of winning $600 and 50%
chance of winning $0. Lizzy wants to sell the ticket for at least $380, whereas Darcy is willing to
sell the ticket for $320. This means: - CORRECT ANSWER - Neither Lizzy and Darcy are
risk averse
Among the non-elderly (64 or younger), which type of health insurance coverage has the highest
proportion in the U.S. population? - CORRECT ANSWER - None of the above
(Employer-Sponsor Health Insurance)
What type of employers are required by the ACA to provide health insurance to their workers? -
CORRECT ANSWER - Only large employers
As an early form of managed care, the Blue Shield originally covered - CORRECT
ANSWER - Physician services
Medicaid is funded by which of the following? - CORRECT ANSWER - The federal and
state governments
