Exam 1 – Healthcare Economics (MHA 710)
The term managed care refers to preferred provider organizations (PPOs) and health maintenance
organizations (HMOs). - (ANSWER)True
A policy change that would reflect the input view of healthcare would;d be - (ANSWER)subsidizing
construction of neighborhood walking trails
ADC makes latex-free tubing for blood pressure instruments - (ANSWER)so this is both an input and
output
Hospital spending in the U.S - (ANSWER)all of the above
Days of hospital care per 1000 people have fallen by more than 50 percent since 1980 - (ANSWER)True
The health insurance industry appears to be changing as - (ANSWER)all of the above
Americans are more likely to be admitted to a hospital than most Europeans - (ANSWER)False
A patient who is correctly diagnosed, who receives the correct treatment, and whose treatment is
delivered properly will never experience harmful side effects - (ANSWER)False
Which of the following statements is an example of normative economics? - (ANSWER)A well-designed
insurance plan should have some consumer co-payments
Not-for-profit organizations are often harder to run than for-profit firms. - (ANSWER)True
Rational decision making involves - (ANSWER)choosing the option that best helps you realize your goals,
given your resources
A study that concluded that the U.S. should adopt a single-payer health system is an example of -
(ANSWER)normative economics
, Exam 1 – Healthcare Economics (MHA 710)
A scarce resource - (ANSWER)has multiple uses
Which is not a challenge that affects healthcare managers more than other managers? -
(ANSWER)Competition
Which of the following statements is true? - (ANSWER)The uninsured often have problems accessing
appropriate care.
Different payment systems are important because - (ANSWER)-they create different incentive systems
for consumers, providers, and they lead to different patters of care
In a point-service (POS) plan - (ANSWER)cost sharing is higher for non network providers
An example of case-based payment would be - (ANSWER)Medicare diagnosis-related groups (DRGs)
A surgeon charges 5000 for a procedure. His contract with your insure sets an allowed fee of 80 percent
of charges. You are responsible for 25 percent of the allowed fee. - (ANSWER)you pay 1000
Insure consumers are more apt to use healthcare services than uninsured consumers - (ANSWER)True
An insurance plan that pays physicians on the basis of their charges is called - (ANSWER)a fee for service
(FFS) plan
Kelly Dental Care, which produces 10,000 visits per year, has lower average costs than Malone Dental
Care, which produces 2,500 visits per year. This suggests that there are economies of scale in dental
care. - (ANSWER)True
Which of the following would result in lower costs? - (ANSWER)-Lower price inputs
-using fewer inputs per unit pf output
-increasing efficiency
The term managed care refers to preferred provider organizations (PPOs) and health maintenance
organizations (HMOs). - (ANSWER)True
A policy change that would reflect the input view of healthcare would;d be - (ANSWER)subsidizing
construction of neighborhood walking trails
ADC makes latex-free tubing for blood pressure instruments - (ANSWER)so this is both an input and
output
Hospital spending in the U.S - (ANSWER)all of the above
Days of hospital care per 1000 people have fallen by more than 50 percent since 1980 - (ANSWER)True
The health insurance industry appears to be changing as - (ANSWER)all of the above
Americans are more likely to be admitted to a hospital than most Europeans - (ANSWER)False
A patient who is correctly diagnosed, who receives the correct treatment, and whose treatment is
delivered properly will never experience harmful side effects - (ANSWER)False
Which of the following statements is an example of normative economics? - (ANSWER)A well-designed
insurance plan should have some consumer co-payments
Not-for-profit organizations are often harder to run than for-profit firms. - (ANSWER)True
Rational decision making involves - (ANSWER)choosing the option that best helps you realize your goals,
given your resources
A study that concluded that the U.S. should adopt a single-payer health system is an example of -
(ANSWER)normative economics
, Exam 1 – Healthcare Economics (MHA 710)
A scarce resource - (ANSWER)has multiple uses
Which is not a challenge that affects healthcare managers more than other managers? -
(ANSWER)Competition
Which of the following statements is true? - (ANSWER)The uninsured often have problems accessing
appropriate care.
Different payment systems are important because - (ANSWER)-they create different incentive systems
for consumers, providers, and they lead to different patters of care
In a point-service (POS) plan - (ANSWER)cost sharing is higher for non network providers
An example of case-based payment would be - (ANSWER)Medicare diagnosis-related groups (DRGs)
A surgeon charges 5000 for a procedure. His contract with your insure sets an allowed fee of 80 percent
of charges. You are responsible for 25 percent of the allowed fee. - (ANSWER)you pay 1000
Insure consumers are more apt to use healthcare services than uninsured consumers - (ANSWER)True
An insurance plan that pays physicians on the basis of their charges is called - (ANSWER)a fee for service
(FFS) plan
Kelly Dental Care, which produces 10,000 visits per year, has lower average costs than Malone Dental
Care, which produces 2,500 visits per year. This suggests that there are economies of scale in dental
care. - (ANSWER)True
Which of the following would result in lower costs? - (ANSWER)-Lower price inputs
-using fewer inputs per unit pf output
-increasing efficiency
