HSA 408 ACTUAL FINAL EXAM QUESTIONS
AND CORRECT ANSWERS
Which of the following was the main force behind early efforts for national healthcare reform? -
CORRECT ANSWERS American Association for Labor Legislation
Those who argued against the individual mandate contend that the __________ clause in the
U.S. Constitution does not permit Congress to require an individual to purchase a service or
good such as health insurance. - CORRECT ANSWERS Commerce
All qualified health plans that participate in an exchange, as well as individual and small-group
plans outside of the exchanges, must offer a standard benefit package known as: - CORRECT
ANSWERS essential health benefits.
The twin concepts of entrepreneurialism and individualism have had a real impact on health
policy decisions. - CORRECT ANSWERS True
Employers, healthcare providers, and insurers have, in general, remained strong opponents of
national healthcare reform over the years, whereas unions have supported national reform
efforts. - CORRECT ANSWERS True
What piece of legislation, one of the most complex areas of federal civil law, was established in
1974 mainly to protect the employee pension system from employer fraud? - CORRECT
ANSWERS Employee Retirement Income Security Act
In the healthcare insurance exchange, __________ plans are the most popular among people
enrolling in the marketplace. - CORRECT ANSWERS Supply elasticity
, The federal Patient Safety and Quality Improvement Act (PSQIA) was signed into law in 2005 in
response to the To Err Is Human report from the: - CORRECT ANSWERS Institute of
Medicine.
As a consumer's income increases, the demand for inferior goods will also increase. - CORRECT
ANSWERS False
Which agency is best known for its review and accreditation of hospitals? - CORRECT
ANSWERS Joint Commission
The term used to describe how responsive the change in demand or supply is when there is
either a change in price or a change in income. - CORRECT ANSWERS Elasticity
Medicare Part __________, which is also known as Supplemental Medical Insurance (SMI),
covers physician, outpatient, and preventive services. - CORRECT ANSWERS B
At the point where there is a balance between the price quantity supplied and the quantity
demanded and the price is set to the marginal cost of production, there is __________ in the
market. - CORRECT ANSWERS Equilibrium
The State Children's Health Insurance Program is designed to provide health insurance to low-
income children whose family income meets the eligibility requirements for Medicaid in their
state. - CORRECT ANSWERS False
Which of the following is a new mandatory Medicaid benefit under the Affordable Care Act? -
CORRECT ANSWERS Tobacco cessation for pregnant women
Individuals who qualify for block grant programs may be denied services or receive reduced
services due to lack of funds. - CORRECT ANSWERS True
AND CORRECT ANSWERS
Which of the following was the main force behind early efforts for national healthcare reform? -
CORRECT ANSWERS American Association for Labor Legislation
Those who argued against the individual mandate contend that the __________ clause in the
U.S. Constitution does not permit Congress to require an individual to purchase a service or
good such as health insurance. - CORRECT ANSWERS Commerce
All qualified health plans that participate in an exchange, as well as individual and small-group
plans outside of the exchanges, must offer a standard benefit package known as: - CORRECT
ANSWERS essential health benefits.
The twin concepts of entrepreneurialism and individualism have had a real impact on health
policy decisions. - CORRECT ANSWERS True
Employers, healthcare providers, and insurers have, in general, remained strong opponents of
national healthcare reform over the years, whereas unions have supported national reform
efforts. - CORRECT ANSWERS True
What piece of legislation, one of the most complex areas of federal civil law, was established in
1974 mainly to protect the employee pension system from employer fraud? - CORRECT
ANSWERS Employee Retirement Income Security Act
In the healthcare insurance exchange, __________ plans are the most popular among people
enrolling in the marketplace. - CORRECT ANSWERS Supply elasticity
, The federal Patient Safety and Quality Improvement Act (PSQIA) was signed into law in 2005 in
response to the To Err Is Human report from the: - CORRECT ANSWERS Institute of
Medicine.
As a consumer's income increases, the demand for inferior goods will also increase. - CORRECT
ANSWERS False
Which agency is best known for its review and accreditation of hospitals? - CORRECT
ANSWERS Joint Commission
The term used to describe how responsive the change in demand or supply is when there is
either a change in price or a change in income. - CORRECT ANSWERS Elasticity
Medicare Part __________, which is also known as Supplemental Medical Insurance (SMI),
covers physician, outpatient, and preventive services. - CORRECT ANSWERS B
At the point where there is a balance between the price quantity supplied and the quantity
demanded and the price is set to the marginal cost of production, there is __________ in the
market. - CORRECT ANSWERS Equilibrium
The State Children's Health Insurance Program is designed to provide health insurance to low-
income children whose family income meets the eligibility requirements for Medicaid in their
state. - CORRECT ANSWERS False
Which of the following is a new mandatory Medicaid benefit under the Affordable Care Act? -
CORRECT ANSWERS Tobacco cessation for pregnant women
Individuals who qualify for block grant programs may be denied services or receive reduced
services due to lack of funds. - CORRECT ANSWERS True
