LSUS MHA 710 EXAM 2 QUESTION SET WITH
RATIONALES AND INSURANCE MARKET
THEORY REVIEW 2026
◉ Which of the following statements is true about the Medicaid
program?
Answer: The majority of total outlays are for the elderly and
disabled.
◉ One of the reasons the 2008 Oregon Experiment was so important
is because it(s):
Answer: experimental design included random selection of the
treatment and control groups.
◉ Which of the following countries placed highest on the healthcare
access and quality (HAQ) index?
Answer: Switzerland
◉ The average federal medical assistance (FMAP) percentage across
the United States received by the typical state is approximately what
percentage of overall Medicaid spending?
Answer: 60 %
, ◉ How do individuals spending their own money behave differently
than those spending someone else's money?
Answer: Individuals spending their own money look for the best
value given the price.
◉ Of the four categories of the Medicaid-eligible population, which
of these could benefit by opening up the health exchanges to some
degree of privatization?
Answer: Adults
◉ A collectively financed medical care system that provides
universal coverage to a basic benefits package for everyone,
including the ability to purchase additional coverage with a
supplemental insurance policy:
Answer: may not be equal but is welfare enhancing for everyone.
◉ Which of the following provisions included in the Affordable Care
Act (ACA) was responsible for the largest number of newly insured?
Answer: Expansion of Medicaid
◉ The most costly expansion of Medicaid since its inception is
referred to as:
Answer: The State Children's Health Insurance Program.
RATIONALES AND INSURANCE MARKET
THEORY REVIEW 2026
◉ Which of the following statements is true about the Medicaid
program?
Answer: The majority of total outlays are for the elderly and
disabled.
◉ One of the reasons the 2008 Oregon Experiment was so important
is because it(s):
Answer: experimental design included random selection of the
treatment and control groups.
◉ Which of the following countries placed highest on the healthcare
access and quality (HAQ) index?
Answer: Switzerland
◉ The average federal medical assistance (FMAP) percentage across
the United States received by the typical state is approximately what
percentage of overall Medicaid spending?
Answer: 60 %
, ◉ How do individuals spending their own money behave differently
than those spending someone else's money?
Answer: Individuals spending their own money look for the best
value given the price.
◉ Of the four categories of the Medicaid-eligible population, which
of these could benefit by opening up the health exchanges to some
degree of privatization?
Answer: Adults
◉ A collectively financed medical care system that provides
universal coverage to a basic benefits package for everyone,
including the ability to purchase additional coverage with a
supplemental insurance policy:
Answer: may not be equal but is welfare enhancing for everyone.
◉ Which of the following provisions included in the Affordable Care
Act (ACA) was responsible for the largest number of newly insured?
Answer: Expansion of Medicaid
◉ The most costly expansion of Medicaid since its inception is
referred to as:
Answer: The State Children's Health Insurance Program.
