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BNAK HEALTH
TEST ECONOMICS
BNAK AND POLICY
HEALTH
Test
8TH EDITION BY JAMES HENDERSON ALL
ECONOMICS AND
CHAPTERS TEST POLICY
BANK SOLVED8TH
EDITION REVIEW
QUESTIONS BY JAMES
SHEET
HENDERSON ALL CHAPTERS 1
17 EXAMPREP ACTUAL
SOLVED QUESTIONS
BnakCORRECT ANSWERS
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Chapter 01: U.S. Medical Care: A System at the Crossroads
1. Charging higher prices for one category of patients in order to provide free or subsidized care to another group is called:
a. price discrimination.
b. cost shifting.
c. categorical costing.
d. reprehensible and
unethical.
e. creative accounting.
ANSWER: b
FEEDBACK: a. Incorrect. Cost shifting is the practice of charging higher prices to one
group of patients, usually those with private health insurance, in order
to subsidize the care of those whose payments do not cover the fully
allocated cost of the care they receive.
b.Correct. Cost shifting is the practice of charging higher prices to one
group of patients, usually those with private health insurance, in order
to subsidize the care of those whose payments do not cover the fully
allocated cost of the care they receive.
c. Incorrect. Cost shifting is the practice of charging higher prices to one
group of patients, usually those with private health insurance, in order
to subsidize the care of those whose payments do not cover the fully
allocated cost of the care they receive.
d.Incorrect. Cost shifting is the practice of charging higher prices to one
group of patients, usually those with private health insurance, in order
to subsidize the care of those whose payments do not cover the fully
allocated cost of the care they receive.
e. Incorrect. Cost shifting is the practice of charging higher prices to one
group of patients, usually those with private health insurance, in order
to subsidize the care of those whose payments do not cover the fully
allocated cost of the care they receive.
POINTS: 1
QUESTION T Multiple Choice
YPE:
HAS VARIAB False
LES:
LEARNING O 1-1a - Emergence of the Modern Medical System
BJECTIVES:
DATE CREAT 1/24/2022 3:04 AM
ED:
DATE MODIFI 2/9/2022 7:28 AM
ED:
2. In the 1960s, individuals paid for the majority of their medical care out of pocket. Increased insurance coverage, both
private and public, displaced out-of-pocket spending as the primary source of payment. By 2020, what was the forecasted
percentage amount of health care spending paid by individuals?
a. 6 percent
b. 10.4 percent
c. 11.6 percent
d. 17.4 percent
e. Whatever amount we are currently
spending
, classmerit.com — The Marketplace to Buy and Sell Study Materials
ANSWER: b
FEEDBACK: a. Incorrect. The amount that individuals paid out of pocket for health
care expenditures declined from 17.4 percent in the 1960s to a
forecasted 10.4 percent in 2020, according to Centers for Medicare
and Medicaid Services (CMS.gov).
b.Correct. The amount that individuals paid out of pocket for health care
expenditures declined from 17.4 percent in the 1960s to a forecasted
10.4 percent in 2020, according to Centers for Medicare and Medicaid
Services (CMS.gov).
c. Incorrect. The amount that individuals paid out of pocket for health
care expenditures declined from 17.4 percent in the 1960s to a
forecasted 10.4 percent in 2020, according to Centers for Medicare
and Medicaid Services (CMS.gov).
d.Incorrect. The amount that individuals paid out of pocket for health
care expenditures declined from 17.4 percent in the 1960s to a
forecasted 10.4 percent in 2020, according to Centers for Medicare
and Medicaid Services (CMS.gov).
e. Incorrect. The amount that individuals paid out of pocket for health
care expenditures declined from 17.4 percent in the 1960s to a
forecasted 10.4 percent in 2020, according to Centers for Medicare
and Medicaid Services (CMS.gov).
POINTS: 1
QUESTION T Multiple Choice
YPE:
HAS VARIAB False
LES:
LEARNING O 1-1c - Recent Changes in the Payment Structure
BJECTIVES:
DATE CREAT 1/24/2022 3:09 AM
ED:
DATE MODIFI 2/9/2022 7:41 AM
ED:
3. When someone mentions the “managed care” approach to health care, what are they referring to? Be sure to include the
term “horizontal integration” in your answer.
ANSWER: Managed care refers to a delivery system that originally integrated the financing
and provision of medical care into one organization. Now the term encompasses
different arrangements designed to coordinate services and control costs, such as
an HMO, a PPO, or a point-of-service plan. Horizontal integration is the process
by which this was carried out, transforming a highly fragmented industry into a
single multihospital system.
POINTS: 1
QUESTION T Essay
YPE:
HAS VARIAB False
LES:
STUDENT EN Basic
TRY MODE:
LEARNING O 1-1b - Recent Changes in Medical Care Delivery
BJECTIVES:
DATE CREAT 1/24/2022 3:14 AM
ED:
, classmerit.com — The Marketplace to Buy and Sell Study Materials
DATE MODIFI 2/9/2022 7:41 AM
ED:
4. The 1974 federal legislation that exempted employers from certain state laws governing health insurance was:
a. COBRA.
b. ERISA.
c. CON.
d. HIPAA.
e. SCHIP.
ANSWER: b
FEEDBACK: a. Incorrect. Passed to regulate the corporate use of pension funds, the
Employee Retirement and Income Security Act (ERISA) of 1974 also
exempted self-insured health plans from state-level health insurance
regulations. Today, over two-thirds of all workers with employer-
sponsored insurance are covered by self-insured plans.
b.Correct. Passed to regulate the corporate use of pension funds, the
Employee Retirement and Income Security Act (ERISA) of 1974 also
exempted self-insured health plans from state-level health insurance
regulations. Today, over two-thirds of all workers with employer-
sponsored insurance are covered by self-insured plans.
c. Incorrect. Passed to regulate the corporate use of pension funds, the
Employee Retirement and Income Security Act (ERISA) of 1974 also
exempted self-insured health plans from state-level health insurance
regulations. Today, over two-thirds of all workers with employer-
sponsored insurance are covered by self-insured plans.
d.Incorrect. Passed to regulate the corporate use of pension funds, the
Employee Retirement and Income Security Act (ERISA) of 1974 also
exempted self-insured health plans from state-level health insurance
regulations. Today, over two-thirds of all workers with employer-
sponsored insurance are covered by self-insured plans.
e. Incorrect. Passed to regulate the corporate use of pension funds, the
Employee Retirement and Income Security Act (ERISA) of 1974 also
exempted self-insured health plans from state-level health insurance
regulations. Today, over two-thirds of all workers with employer-
sponsored insurance are covered by self-insured plans.
POINTS: 1
QUESTION T Multiple Choice
YPE:
HAS VARIAB False
LES:
LEARNING O 1-1a - Emergence of the Modern Medical System
BJECTIVES:
DATE CREAT 1/24/2022 3:15 AM
ED:
DATE MODIFI 2/9/2022 7:42 AM
ED:
5. The key elements of the Affordable Care Act (ACA) passed in 2010 included all of the following except:
a. a mandate that required individuals and every employer with over 50 full-time workers
to provide a qualified health plan at an affordable price or face penalties.
b.expanded insurance regulations include guaranteed issue, guaranteed renewability, and
no exclusions for preexisting conditions.
BNAK HEALTH
TEST ECONOMICS
BNAK AND POLICY
HEALTH
Test
8TH EDITION BY JAMES HENDERSON ALL
ECONOMICS AND
CHAPTERS TEST POLICY
BANK SOLVED8TH
EDITION REVIEW
QUESTIONS BY JAMES
SHEET
HENDERSON ALL CHAPTERS 1
17 EXAMPREP ACTUAL
SOLVED QUESTIONS
BnakCORRECT ANSWERS
Downloaded by: Want to earn $1,500
Distribution of this document is illegal extra per year?
, classmerit.com — The Marketplace to Buy and Sell Study Materials
Chapter 01: U.S. Medical Care: A System at the Crossroads
1. Charging higher prices for one category of patients in order to provide free or subsidized care to another group is called:
a. price discrimination.
b. cost shifting.
c. categorical costing.
d. reprehensible and
unethical.
e. creative accounting.
ANSWER: b
FEEDBACK: a. Incorrect. Cost shifting is the practice of charging higher prices to one
group of patients, usually those with private health insurance, in order
to subsidize the care of those whose payments do not cover the fully
allocated cost of the care they receive.
b.Correct. Cost shifting is the practice of charging higher prices to one
group of patients, usually those with private health insurance, in order
to subsidize the care of those whose payments do not cover the fully
allocated cost of the care they receive.
c. Incorrect. Cost shifting is the practice of charging higher prices to one
group of patients, usually those with private health insurance, in order
to subsidize the care of those whose payments do not cover the fully
allocated cost of the care they receive.
d.Incorrect. Cost shifting is the practice of charging higher prices to one
group of patients, usually those with private health insurance, in order
to subsidize the care of those whose payments do not cover the fully
allocated cost of the care they receive.
e. Incorrect. Cost shifting is the practice of charging higher prices to one
group of patients, usually those with private health insurance, in order
to subsidize the care of those whose payments do not cover the fully
allocated cost of the care they receive.
POINTS: 1
QUESTION T Multiple Choice
YPE:
HAS VARIAB False
LES:
LEARNING O 1-1a - Emergence of the Modern Medical System
BJECTIVES:
DATE CREAT 1/24/2022 3:04 AM
ED:
DATE MODIFI 2/9/2022 7:28 AM
ED:
2. In the 1960s, individuals paid for the majority of their medical care out of pocket. Increased insurance coverage, both
private and public, displaced out-of-pocket spending as the primary source of payment. By 2020, what was the forecasted
percentage amount of health care spending paid by individuals?
a. 6 percent
b. 10.4 percent
c. 11.6 percent
d. 17.4 percent
e. Whatever amount we are currently
spending
, classmerit.com — The Marketplace to Buy and Sell Study Materials
ANSWER: b
FEEDBACK: a. Incorrect. The amount that individuals paid out of pocket for health
care expenditures declined from 17.4 percent in the 1960s to a
forecasted 10.4 percent in 2020, according to Centers for Medicare
and Medicaid Services (CMS.gov).
b.Correct. The amount that individuals paid out of pocket for health care
expenditures declined from 17.4 percent in the 1960s to a forecasted
10.4 percent in 2020, according to Centers for Medicare and Medicaid
Services (CMS.gov).
c. Incorrect. The amount that individuals paid out of pocket for health
care expenditures declined from 17.4 percent in the 1960s to a
forecasted 10.4 percent in 2020, according to Centers for Medicare
and Medicaid Services (CMS.gov).
d.Incorrect. The amount that individuals paid out of pocket for health
care expenditures declined from 17.4 percent in the 1960s to a
forecasted 10.4 percent in 2020, according to Centers for Medicare
and Medicaid Services (CMS.gov).
e. Incorrect. The amount that individuals paid out of pocket for health
care expenditures declined from 17.4 percent in the 1960s to a
forecasted 10.4 percent in 2020, according to Centers for Medicare
and Medicaid Services (CMS.gov).
POINTS: 1
QUESTION T Multiple Choice
YPE:
HAS VARIAB False
LES:
LEARNING O 1-1c - Recent Changes in the Payment Structure
BJECTIVES:
DATE CREAT 1/24/2022 3:09 AM
ED:
DATE MODIFI 2/9/2022 7:41 AM
ED:
3. When someone mentions the “managed care” approach to health care, what are they referring to? Be sure to include the
term “horizontal integration” in your answer.
ANSWER: Managed care refers to a delivery system that originally integrated the financing
and provision of medical care into one organization. Now the term encompasses
different arrangements designed to coordinate services and control costs, such as
an HMO, a PPO, or a point-of-service plan. Horizontal integration is the process
by which this was carried out, transforming a highly fragmented industry into a
single multihospital system.
POINTS: 1
QUESTION T Essay
YPE:
HAS VARIAB False
LES:
STUDENT EN Basic
TRY MODE:
LEARNING O 1-1b - Recent Changes in Medical Care Delivery
BJECTIVES:
DATE CREAT 1/24/2022 3:14 AM
ED:
, classmerit.com — The Marketplace to Buy and Sell Study Materials
DATE MODIFI 2/9/2022 7:41 AM
ED:
4. The 1974 federal legislation that exempted employers from certain state laws governing health insurance was:
a. COBRA.
b. ERISA.
c. CON.
d. HIPAA.
e. SCHIP.
ANSWER: b
FEEDBACK: a. Incorrect. Passed to regulate the corporate use of pension funds, the
Employee Retirement and Income Security Act (ERISA) of 1974 also
exempted self-insured health plans from state-level health insurance
regulations. Today, over two-thirds of all workers with employer-
sponsored insurance are covered by self-insured plans.
b.Correct. Passed to regulate the corporate use of pension funds, the
Employee Retirement and Income Security Act (ERISA) of 1974 also
exempted self-insured health plans from state-level health insurance
regulations. Today, over two-thirds of all workers with employer-
sponsored insurance are covered by self-insured plans.
c. Incorrect. Passed to regulate the corporate use of pension funds, the
Employee Retirement and Income Security Act (ERISA) of 1974 also
exempted self-insured health plans from state-level health insurance
regulations. Today, over two-thirds of all workers with employer-
sponsored insurance are covered by self-insured plans.
d.Incorrect. Passed to regulate the corporate use of pension funds, the
Employee Retirement and Income Security Act (ERISA) of 1974 also
exempted self-insured health plans from state-level health insurance
regulations. Today, over two-thirds of all workers with employer-
sponsored insurance are covered by self-insured plans.
e. Incorrect. Passed to regulate the corporate use of pension funds, the
Employee Retirement and Income Security Act (ERISA) of 1974 also
exempted self-insured health plans from state-level health insurance
regulations. Today, over two-thirds of all workers with employer-
sponsored insurance are covered by self-insured plans.
POINTS: 1
QUESTION T Multiple Choice
YPE:
HAS VARIAB False
LES:
LEARNING O 1-1a - Emergence of the Modern Medical System
BJECTIVES:
DATE CREAT 1/24/2022 3:15 AM
ED:
DATE MODIFI 2/9/2022 7:42 AM
ED:
5. The key elements of the Affordable Care Act (ACA) passed in 2010 included all of the following except:
a. a mandate that required individuals and every employer with over 50 full-time workers
to provide a qualified health plan at an affordable price or face penalties.
b.expanded insurance regulations include guaranteed issue, guaranteed renewability, and
no exclusions for preexisting conditions.
