3111 Study guides, Class notes & Summaries

HSA 3111 Questions with 100% Correct Answers | Graded A For most privately insured Americans, health insurance is: - employerbased What is the major objective of the Affordable Care Act? - to provide insurance coverage Medicare is primarily for people who meet the following eligibility requirement: - elderly Medicaid is primarily for people who meet the following eligibility requirement: - low-income the role of the government in the US healthcare system is: - regulator, major financer...

HSA3111 Questions and Answers 100% Correct A side effect or secondary impact imposed on someone because of another person's or entity's action (for example, secondary smoke) is called - An externality Resources in economics are also known as - inputs One can always know exactly what an opportunity cost is. - F Adverse selection can cause healthcare premiums to skyrocket. - T Quality-adjusted life years (QALYs) are used to calculate the cost versus the effectiveness of a medical treatm...