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LSUS MHA 710 EXAM 4 HEALTHCARE ECONOMICS
EXAM 2024-2025 ALL 200 QUESTIONS AND CORRECT
ANSWERS ALREADY GRADED A+
Research indicates that the 2014 expansion of Medicaid has led to a number of unintended consequences including: - ANSWER-higher per capita spending on the expansion population than anticipated.
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 %
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2 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.
- ANSWER-In 2008, the state of Oregon used a lottery to extend Medicaid coverage to an
additional 10,000 residents (often called the Oregon Experiment). Two years after enrollment,
the lottery winners (the treatment group):
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3 Which of the following statements is most true regarding the experience of reforming medical care in the United States? - ANSWER-Moral hazard is a powerful force.
Which of the following statements is true about the Affordable Care Act (ACA)? - ANSWER-The final version of the Affordable Care Act passed without a single Republican voting in favor of it.
What is the name of the health care reform feature where employers can either provide health care coverage to their employees or pay a payroll tax to fund government-provided insurance?
- ANSWER-Play-or-pay
One of the best examples of managed competition in practice is: - ANSWER-the Federal Employee Health Benefit Plan (FEHBP).
Single-payer systems typically apply all of the following practices except which of the following?
- ANSWER-Require government ownership of the medical infrastructure of clinics and hospitals.
The federal share of Medicaid financing, or federal medical assistance percentage (FMAP), ranges from a minimum of what percent in 13 high-income states to what percent in Mississippi? - ANSWER-50%; 75%
To better control overall Medicaid spending, most states: - ANSWER-enroll all eligible recipients in managed care plans. 3 / 4
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Before entering the debate of whether access to medical care is a right, it is important to distinguish between a negative right and a positive right. Which of the following statements is true? - ANSWER-Consider that Peter has no money. In order for Peter to exercise his right to medical care, the law requires that Paul pay for it. This is an example of medical care as a positive right.
How is the issue of the "free rider" relevant to the discussion of whether access to medical care is a fundamental right? - ANSWER-The free rider argument is based on the idea that access to medical care should be free and available to everyone.
National health insurance: - ANSWER-Government-run health insurance system covering the entire population for a well-defined medical benefits package. Usually administered by a government or quasi-government agency and financed through some form of taxation.
Health savings account: - ANSWER-A tax-advantage savings account designed to provide its owner with funds to cover out-of-pocket medical expenses, including deductibles, copayments, and coinsurance that remain uncovered by health insurance plans.
Managed competition: - ANSWER-A health care reform plan first popularized by economist Alain Enthoven, whereby individuals are given a choice among competing health plans.
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