HSA3111 EXAM 3 QUESTIONS &
ANSWERS(RATED A+)
What is policy? - ANSWERAuthoritative decisions about the rules regarding behavior
in a specified area of human activity
Examples of how the price of pharmaceutical products in the US continues to
skyrocket - ANSWERcost of clinical trials, monopoly of drug patents
What is driving the continual increase in prices? - ANSWERthe high costs of
pharmaceutical products
Why is it less profitable to bring a new antibiotic to market than a speciality drug to
treat a specific condition or a drug to treat a chronic condition? - ANSWERantibiotic
is only used for a couple of weeks, it is not long-term, repeat business
How does health care policy-making operate in the United States? -
ANSWERinvolves Federal, State, and Local governments; once law is passed, it is
given to executive branch to execute and judicial branch to review; need 60 senators
to even discuss
What are potential savings for generic drugs compared to brand name medications?
- ANSWERgeneric costs 80-85% less than brand names
Why is it important that politicians and the American public have a better
understanding of the FDA approval process, government R&D incentives, and the
direction that pharmaceutical companies are taking when they are deciding on what
products to bring to market? - ANSWER
Are these pharmaceutical companies simply turning a blind eye to excessive profit-
making at the expense of society? - ANSWERyes, drug company CEOs have the
highest salaries of any industry; spend millions/billions on advertisements to endorse
their products
What are the ultimate goals for learning about policy, FDA approval process, clinical
trials and government R&D incentives? - ANSWER
What is the ACA formula and how does it work? - ANSWER
What might happen with a repeal of the ACA for preexisting conditions? -
ANSWERhigh risk pools; throw money into the pools to offset the rise in premiums
for those with pre-existing conditions
Who needs long term care services? - ANSWERelderly, those with developmental or
intellectual disabilities, and patients with HIV/AIDS
ANSWERS(RATED A+)
What is policy? - ANSWERAuthoritative decisions about the rules regarding behavior
in a specified area of human activity
Examples of how the price of pharmaceutical products in the US continues to
skyrocket - ANSWERcost of clinical trials, monopoly of drug patents
What is driving the continual increase in prices? - ANSWERthe high costs of
pharmaceutical products
Why is it less profitable to bring a new antibiotic to market than a speciality drug to
treat a specific condition or a drug to treat a chronic condition? - ANSWERantibiotic
is only used for a couple of weeks, it is not long-term, repeat business
How does health care policy-making operate in the United States? -
ANSWERinvolves Federal, State, and Local governments; once law is passed, it is
given to executive branch to execute and judicial branch to review; need 60 senators
to even discuss
What are potential savings for generic drugs compared to brand name medications?
- ANSWERgeneric costs 80-85% less than brand names
Why is it important that politicians and the American public have a better
understanding of the FDA approval process, government R&D incentives, and the
direction that pharmaceutical companies are taking when they are deciding on what
products to bring to market? - ANSWER
Are these pharmaceutical companies simply turning a blind eye to excessive profit-
making at the expense of society? - ANSWERyes, drug company CEOs have the
highest salaries of any industry; spend millions/billions on advertisements to endorse
their products
What are the ultimate goals for learning about policy, FDA approval process, clinical
trials and government R&D incentives? - ANSWER
What is the ACA formula and how does it work? - ANSWER
What might happen with a repeal of the ACA for preexisting conditions? -
ANSWERhigh risk pools; throw money into the pools to offset the rise in premiums
for those with pre-existing conditions
Who needs long term care services? - ANSWERelderly, those with developmental or
intellectual disabilities, and patients with HIV/AIDS
