HCM Test 3 Questions & Answers
2024/2025
In 2016, the National Health Expenditure was what percentage of the Gross Domestic Product (GDP)? -
ANSWERS17.8%
From 2010 through 2013, National Health Expenditures outpaced economic growth by more than 3
times. T/F? - ANSWERSTrue
The most significant cause for the constant upward health care spending in the United States is ever-
intensifying use of expensive technology-based diagnostic testing procedural interventions. T/F? -
ANSWERSTrue
In 2016, the average day in an America hospital costs on average... - ANSWERS$5220
The United States is routinely the most expensive place to buy medical care whether drugs, procedures
or hospital visits. The main reason for that is: - ANSWERSthe prices
Each insurance company in the United States must individually negotiate pricing with: -
ANSWERSHospitals, Physicians/providers, Pharmaceutical companies
In 2016, a routine C-section delivery of a baby, based on average prices was most expensive in... -
ANSWERSSacramento, CA
In 2016, a routine vaginal delivery of a baby, based on average prices was cheapest in... -
ANSWERSKansas City, MO
The greatest number of people who filed bankruptcy due to their medical bills from 2011 and into 2017
were from what country? - ANSWERSUnited States
, Money paid directly by the patient for health care costs is considered : - ANSWERSOut of Pocket
______________________ is when the provider(s) bear the cost of providing care. - ANSWERSCharity
Care
Third Party Payer is anyone responsible for payment of a health care cost other than the patient/family
or provider. T/F? - ANSWERSTrue
Third Party Payer may include: - ANSWERSThe patient's or patient's family members employer who
provides insurance, a private insurance company, charity organizations, federal, state or local
governments
In many instances, what parties often have to come together to pay a single bill? - ANSWERSPatient,
provider, and third party payer
______________ is the 2nd criterion used to evaluate the performance of health care systems -
ANSWERSEquity
People from lower socioeconomic statuses typically receive less health care than others. They receive
less preventative care such as PAP smears, mammograms, and diabetic eye exams. T/F? - ANSWERSTrue
Most health care is provided through employer-based health insurance and the public insurances of
Medicare and Medicaid. - ANSWERSTrue
The 3rd criterion for judging a health care system is __________________ - ANSWERSEfficiency
__________________ efficiency is attaining the most valued mix of health care services. How much to
invest in both preventative and curative health care. - ANSWERSAllocative
Productive efficiency represents providing a given level of health care at minimal cost. T/F? -
ANSWERSTrue
2024/2025
In 2016, the National Health Expenditure was what percentage of the Gross Domestic Product (GDP)? -
ANSWERS17.8%
From 2010 through 2013, National Health Expenditures outpaced economic growth by more than 3
times. T/F? - ANSWERSTrue
The most significant cause for the constant upward health care spending in the United States is ever-
intensifying use of expensive technology-based diagnostic testing procedural interventions. T/F? -
ANSWERSTrue
In 2016, the average day in an America hospital costs on average... - ANSWERS$5220
The United States is routinely the most expensive place to buy medical care whether drugs, procedures
or hospital visits. The main reason for that is: - ANSWERSthe prices
Each insurance company in the United States must individually negotiate pricing with: -
ANSWERSHospitals, Physicians/providers, Pharmaceutical companies
In 2016, a routine C-section delivery of a baby, based on average prices was most expensive in... -
ANSWERSSacramento, CA
In 2016, a routine vaginal delivery of a baby, based on average prices was cheapest in... -
ANSWERSKansas City, MO
The greatest number of people who filed bankruptcy due to their medical bills from 2011 and into 2017
were from what country? - ANSWERSUnited States
, Money paid directly by the patient for health care costs is considered : - ANSWERSOut of Pocket
______________________ is when the provider(s) bear the cost of providing care. - ANSWERSCharity
Care
Third Party Payer is anyone responsible for payment of a health care cost other than the patient/family
or provider. T/F? - ANSWERSTrue
Third Party Payer may include: - ANSWERSThe patient's or patient's family members employer who
provides insurance, a private insurance company, charity organizations, federal, state or local
governments
In many instances, what parties often have to come together to pay a single bill? - ANSWERSPatient,
provider, and third party payer
______________ is the 2nd criterion used to evaluate the performance of health care systems -
ANSWERSEquity
People from lower socioeconomic statuses typically receive less health care than others. They receive
less preventative care such as PAP smears, mammograms, and diabetic eye exams. T/F? - ANSWERSTrue
Most health care is provided through employer-based health insurance and the public insurances of
Medicare and Medicaid. - ANSWERSTrue
The 3rd criterion for judging a health care system is __________________ - ANSWERSEfficiency
__________________ efficiency is attaining the most valued mix of health care services. How much to
invest in both preventative and curative health care. - ANSWERSAllocative
Productive efficiency represents providing a given level of health care at minimal cost. T/F? -
ANSWERSTrue
