Mha 707 exam c Study guides, Class notes & Summaries

MHA 707 Exam C Questions Marking Scheme Moral Hazard - ANSWER- When the act of insuring an event increases the likelihood that the event will happen behaving different when you know someone is taking the risk (induced demand) Adverse Selection - ANSWER- the situation in which one party to a transaction takes advantage of knowing more than the other party to the transaction the sicker people likely want more insurance, compared to those who are healthy Pooling of Risk - ANSWER- Allows i...

MHA 707 Exam C (CH 6,7,8)Questions and Answers 100% Solved Moral Hazard When the act of insuring an event increases the likelihood that the event will happen behaving different when you know someone is taking the risk (induced demand) Adverse Selection the situation in which one party to a transaction takes advantage of knowing more than the other party to the transaction the sicker people likely want more insurance, compared to those who are healthy Pooling of Risk Allows individua...

MHA 707 Exam C Questions & Answers 2023/2024 Moral Hazard Adverse Selection Pooling of Risk National Health Expenditure Accounts (NHEA) NHEA Benefits Accounts in the NHEA National Health Expenditures: NHE Health Consumption Expenditures: HCE Personal Health Care: PHC How much NHE spent on Health Care? Largest contributors to the Personal Health Care (PHC) What accounted for the largest share of NHE? Three Categories of PHC increased as a share of NHE Chronic Disease and Mental Heal...

MHA 707 Exam C Questions & Answers 2023/2024 Moral Hazard Adverse Selection Pooling of Risk National Health Expenditure Accounts (NHEA) NHEA Benefits Accounts in the NHEA National Health Expenditures: NHE Health Consumption Expenditures: HCE Personal Health Care: PHC How much NHE spent on Health Care? Largest contributors to the Personal Health Care (PHC) What accounted for the largest share of NHE? Three Categories of PHC increased as a share of NHE Chronic Disease and Mental Heal...

QUESTIONS AND ANSWERS

MHA 707 Exam D Study Guide Exam Questions And Answers What groups of Americans were largely uninsured when the ACA was being considered? -Unemployed, -Employed with no ESI (employer-sponsored ins) -Young employees -Those who didn't take ESI -Those who chose not to be insured Why didn't the ACA go to a single-payer or an NHI format? What was the Public potion? Each had its own stakeholder with invested interest in continuing their role in the HC system. Allow many to pu...

QUESTIONS AND ANSWERS

opening of 20th century - -doctors were solo practitioners -hospitals were single, independent entities, mostly non-profit -long term care for the elderly was largely home-based -pharmaceutical and medical device manufacturing was a small business 1847 - founding of American Medical Association (AMA) AMA - -established standards for preliminary medical education for the degree of MD -Code of medical ethics -recommended use of anesthetic agents for surgery and obstetrics -noted the danger...

Moral Hazard - When the act of insuring an event increases the likelihood that the event will happen behaving different when you know someone is taking the risk (induced demand) Adverse Selection - the situation in which one party to a transaction takes advantage of knowing more than the other party to the transaction the sicker people likely want more insurance, compared to those who are healthy Pooling of Risk - Allows individuals to share risk, i.e., insurance companies National Health...