MHA 707 EXAM C STUDY GUIDE 2026
COMPLETE QUESTIONS WITH CORRECT
DETAILED ANSWERS ||
100% GUARANTEED PASS
<RECENT VERSION>
1. Moral Hazard - ANSWER ✔ When the act of insuring an event increases the
likelihood that the event will happen
2. behaving different when you know someone is taking the risk (induced
demand)
3. Adverse Selection - ANSWER ✔ the situation in which one party to a
transaction takes advantage of knowing more than the other party to the
transaction
4. the sicker people likely want more insurance, compared to those who are
healthy
5. Pooling of Risk - ANSWER ✔ Allows individuals to share risk, i.e.,
insurance companies
6. National Health Expenditure Accounts (NHEA) - ANSWER ✔ Provides
official estimates of health care spending in the US. It measures health care
consumption and health care investment.
,7. NHEA Benefits - ANSWER ✔ Comprehensive: includes all major
components of health care system in unified, mutually exclusive, and
exhaustive structure
Multidimensional: encompasses expenditures as well as payers
8. Consistent: applies a common set of definitions that permits longitudinal
comparisons
Published by DHHS
9. Accounts in the NHEA - ANSWER ✔ National Health Expenditures: NHE
Health Consumption Expenditures: HCE
Personal Health Care: PHC
10.National Health Expenditures: NHE - ANSWER ✔ all health care
consumption and investments in medical structures and equipment and
noncommercial health services and biomedical research
11.NHE - HCE = Amount of investment in the medical sector of economy
(buildings, research, equipment)
12.Health Consumption Expenditures: HCE - ANSWER ✔ a subset of NHE,
includes personal health care spending, government administration and net
cost of private health insurance and public health activities
13.What is MEPS? - ANSWER ✔ Medical Expenditure Panel Survey
,14.What is BRFSS? - ANSWER ✔ Behavioral Risk Factor surveillance system
(HHS)
- adults >18 residing in households with telephones
-telephone interviews collect data on ht, wt, smoking, alcohol use, food freq
for fat, fruits and veggies, preventable health problems, diabetes.
15.Atul Gawande - ANSWER ✔ "Finding the balance is not a matter of
achieving policy perfection; whatever program we devise, some people will
put in more and some will take out more. Progress ultimately depends on
whether we can build and sustain the belief that collective action genuinely
results in collective benefit. No policy will be possible otherwise"
16.Committee on the cost of Medical Care (CCMC) 1932 - ANSWER ✔ First
comprehensive study of health care in the United States.
Committee chaired by Ray Lyman Wilbur, a past President of the American
Medical Association.
17.Richard Nixon, 1971 (Nixon, 1994) - ANSWER ✔ Proposed
Comprehensive Health Insurance Assistance, got the HMO act.
18.According to U.S. Bipartisan Commission on Comprehensive Health Care,
1990 - ANSWER ✔ Gap is widening between the majority of Americans,
who can take advantage of the best medical services in the worlds and the
rest, who find it hard to get even basic needed care
19.According to the Committee on the Quality of health Care in America,
Institute of Medicine (IOM), 2001 - ANSWER ✔ As medical science and
technology have advanced at a rapid pace, the health care delivery system
have floundered in its ability to provide consistently high-quality care to all
Americans.
, 20.Who are responsible for 70% of all the money spent in health care? -
ANSWER ✔ Physicians and prescribers
21.U.S. annual salaries 2019 - ANSWER ✔ PCPs: $237,000
Specialist: $341,000
22.UK annual salaries 2019 - ANSWER ✔ PCPs: $131,000
Specialist: $145,000
23.Canada annual salaries - ANSWER ✔ PCPs: $156,000
Specialist: $225,000
24.US Comparative Salaries - ANSWER ✔ Doctor: $237,000
Lawyer: $182,000
Accountant: $162,000
25.UK Comparative Salaries - ANSWER ✔ Doctor: $131,000
Lawyer: $126,000
COMPLETE QUESTIONS WITH CORRECT
DETAILED ANSWERS ||
100% GUARANTEED PASS
<RECENT VERSION>
1. Moral Hazard - ANSWER ✔ When the act of insuring an event increases the
likelihood that the event will happen
2. behaving different when you know someone is taking the risk (induced
demand)
3. Adverse Selection - ANSWER ✔ the situation in which one party to a
transaction takes advantage of knowing more than the other party to the
transaction
4. the sicker people likely want more insurance, compared to those who are
healthy
5. Pooling of Risk - ANSWER ✔ Allows individuals to share risk, i.e.,
insurance companies
6. National Health Expenditure Accounts (NHEA) - ANSWER ✔ Provides
official estimates of health care spending in the US. It measures health care
consumption and health care investment.
,7. NHEA Benefits - ANSWER ✔ Comprehensive: includes all major
components of health care system in unified, mutually exclusive, and
exhaustive structure
Multidimensional: encompasses expenditures as well as payers
8. Consistent: applies a common set of definitions that permits longitudinal
comparisons
Published by DHHS
9. Accounts in the NHEA - ANSWER ✔ National Health Expenditures: NHE
Health Consumption Expenditures: HCE
Personal Health Care: PHC
10.National Health Expenditures: NHE - ANSWER ✔ all health care
consumption and investments in medical structures and equipment and
noncommercial health services and biomedical research
11.NHE - HCE = Amount of investment in the medical sector of economy
(buildings, research, equipment)
12.Health Consumption Expenditures: HCE - ANSWER ✔ a subset of NHE,
includes personal health care spending, government administration and net
cost of private health insurance and public health activities
13.What is MEPS? - ANSWER ✔ Medical Expenditure Panel Survey
,14.What is BRFSS? - ANSWER ✔ Behavioral Risk Factor surveillance system
(HHS)
- adults >18 residing in households with telephones
-telephone interviews collect data on ht, wt, smoking, alcohol use, food freq
for fat, fruits and veggies, preventable health problems, diabetes.
15.Atul Gawande - ANSWER ✔ "Finding the balance is not a matter of
achieving policy perfection; whatever program we devise, some people will
put in more and some will take out more. Progress ultimately depends on
whether we can build and sustain the belief that collective action genuinely
results in collective benefit. No policy will be possible otherwise"
16.Committee on the cost of Medical Care (CCMC) 1932 - ANSWER ✔ First
comprehensive study of health care in the United States.
Committee chaired by Ray Lyman Wilbur, a past President of the American
Medical Association.
17.Richard Nixon, 1971 (Nixon, 1994) - ANSWER ✔ Proposed
Comprehensive Health Insurance Assistance, got the HMO act.
18.According to U.S. Bipartisan Commission on Comprehensive Health Care,
1990 - ANSWER ✔ Gap is widening between the majority of Americans,
who can take advantage of the best medical services in the worlds and the
rest, who find it hard to get even basic needed care
19.According to the Committee on the Quality of health Care in America,
Institute of Medicine (IOM), 2001 - ANSWER ✔ As medical science and
technology have advanced at a rapid pace, the health care delivery system
have floundered in its ability to provide consistently high-quality care to all
Americans.
, 20.Who are responsible for 70% of all the money spent in health care? -
ANSWER ✔ Physicians and prescribers
21.U.S. annual salaries 2019 - ANSWER ✔ PCPs: $237,000
Specialist: $341,000
22.UK annual salaries 2019 - ANSWER ✔ PCPs: $131,000
Specialist: $145,000
23.Canada annual salaries - ANSWER ✔ PCPs: $156,000
Specialist: $225,000
24.US Comparative Salaries - ANSWER ✔ Doctor: $237,000
Lawyer: $182,000
Accountant: $162,000
25.UK Comparative Salaries - ANSWER ✔ Doctor: $131,000
Lawyer: $126,000
