MHA 710 HEALTHCARE ECONOMICS CORRECT
FINAL EXAMS QUESTIONS AND ANSWERS SURE
A+
✔✔One of the primary reasons that costly technology is being introduced into the health
care system is that
a. research scientists have successfully mapped the human genome.
b. high cost is synonymous with better outcomes.
c. third-party insurance finances most of the cost of care.
d. all of the above. - ✔✔c. third-party insurance finances most of the cost of care.
✔✔The fastest-growing segment of pharmaceutical marketing is:
a. marketing to physicians.
b. marketing to nurse practitioners.
c. marketing to the consumer.
d. none of the above. - ✔✔c. marketing to the consumer.
✔✔Medicare and Medicaid were enacted by the Johnson administration in 1965 as
amendments to which federal law already in existence?
a. Welfare Act of 1960
b. Social Security Act
c. Employee Retirement and Income Security Act
, d. Managed Care Act
e. Equal Rights Act - ✔✔b. Social Security Act
✔✔The only disease-specific group eligible for Medicare are those suffering from
a. AIDS.
b. end-stage renal disease.
c. advanced coronary artery disease.
d. metastasized cancer.
e. diabetes. - ✔✔b. end-stage renal disease.
✔✔One of the most serious weaknesses in the Medicare system is that
a. patients are not able to choose their own physicians.
b. the definition of an episode of illness is too restrictive.
c. it provides poor insurance coverage for unusually long hospital stays.
d. patients must pay a deductible every time they enter the hospital.
e. Part B is voluntary. - ✔✔c. it provides poor insurance coverage for unusually long
hospital stays.
✔✔The Medicare pay-as-you-go system is jeopardized by
a. an overly generous fee schedule that pays physicians more than private insurance for
most procedures.
b. the changing demographics of the U.S. population, with an increasing percentage of
individuals over the age of 65.
c. a reliance on the premiums paid by the elderly themselves to fund the majority of the
total cost of the system.
d. allowing physicians to balance bill their patients.
e. the rising costs of long-term care. - ✔✔b. the changing demographics of the U.S.
population, with an increasing percentage of individuals over the age of 65.
✔✔For Part A coverage of Medicare, the patient pays a deductible approximately equal
to the cost of the first day in the hospital; Medicare pays
a. for days 2-30.
b. for days 2-60.
c. for days 2-90.
d. for the remainder of the hospital stay, however long it may be. - ✔✔b. for days 2-60.
✔✔Participation in Part B of Medicare is
a. applicable to supplemental hospital payments.
b. applicable to nursing home stays
c. voluntary.
d. involuntary.
e. none of the above. - ✔✔c. voluntary.
✔✔Possibly, the most serious flaw in the Medicare system is the fact that
a. the deductible is too high for most older Americans to afford.
FINAL EXAMS QUESTIONS AND ANSWERS SURE
A+
✔✔One of the primary reasons that costly technology is being introduced into the health
care system is that
a. research scientists have successfully mapped the human genome.
b. high cost is synonymous with better outcomes.
c. third-party insurance finances most of the cost of care.
d. all of the above. - ✔✔c. third-party insurance finances most of the cost of care.
✔✔The fastest-growing segment of pharmaceutical marketing is:
a. marketing to physicians.
b. marketing to nurse practitioners.
c. marketing to the consumer.
d. none of the above. - ✔✔c. marketing to the consumer.
✔✔Medicare and Medicaid were enacted by the Johnson administration in 1965 as
amendments to which federal law already in existence?
a. Welfare Act of 1960
b. Social Security Act
c. Employee Retirement and Income Security Act
, d. Managed Care Act
e. Equal Rights Act - ✔✔b. Social Security Act
✔✔The only disease-specific group eligible for Medicare are those suffering from
a. AIDS.
b. end-stage renal disease.
c. advanced coronary artery disease.
d. metastasized cancer.
e. diabetes. - ✔✔b. end-stage renal disease.
✔✔One of the most serious weaknesses in the Medicare system is that
a. patients are not able to choose their own physicians.
b. the definition of an episode of illness is too restrictive.
c. it provides poor insurance coverage for unusually long hospital stays.
d. patients must pay a deductible every time they enter the hospital.
e. Part B is voluntary. - ✔✔c. it provides poor insurance coverage for unusually long
hospital stays.
✔✔The Medicare pay-as-you-go system is jeopardized by
a. an overly generous fee schedule that pays physicians more than private insurance for
most procedures.
b. the changing demographics of the U.S. population, with an increasing percentage of
individuals over the age of 65.
c. a reliance on the premiums paid by the elderly themselves to fund the majority of the
total cost of the system.
d. allowing physicians to balance bill their patients.
e. the rising costs of long-term care. - ✔✔b. the changing demographics of the U.S.
population, with an increasing percentage of individuals over the age of 65.
✔✔For Part A coverage of Medicare, the patient pays a deductible approximately equal
to the cost of the first day in the hospital; Medicare pays
a. for days 2-30.
b. for days 2-60.
c. for days 2-90.
d. for the remainder of the hospital stay, however long it may be. - ✔✔b. for days 2-60.
✔✔Participation in Part B of Medicare is
a. applicable to supplemental hospital payments.
b. applicable to nursing home stays
c. voluntary.
d. involuntary.
e. none of the above. - ✔✔c. voluntary.
✔✔Possibly, the most serious flaw in the Medicare system is the fact that
a. the deductible is too high for most older Americans to afford.
