Deck 3: Economic Dimensions of the Healthcare System

Question 1

The cash payment by a consumer or employer to an insurance company is called:

A) A co-payment
B) A deductible
C) A loading fee
D) A premium

Answer 1

D

Question 2

Coalition members share information on

A) Provider prices
B) Utilization trends
C) Benefit designs
D) A and B only
E) A, B, and C

Answer 2

E

Question 3

Medicare covers individuals

A) 65 and older
B) with certain disabilities
C) with brain tumors
D) A and B only
E) A, B, and C

Answer 3

D

Question 4

An illustration of a direct care cost is:

A) Work time lost by caregivers
B) Healthcare resources used to treat a patient
C) Transportation costs to obtain care
D) Special diets required because of a health condition

Question 5

The largest health insurance program in the United States is

A) Blue Cross-Blue Shield
B) Veterans' Affairs
C) Medicare
D) Medicaid

Question 6

A household is frequently used in analyses because more consistent data are usually collected at that level.

Question 7

Vertical integration refers to joining together of buyers and sellers.

Question 8

Both wages and noncash benefits are subject to income tax.

Question 9

Medicare consists of four parts.

Question 10

Eligible individuals voluntarily enroll in Part A Medicare.

Question 11

The Affordable Care Act contained provision for dramatic expansion of the Medicare program.

Question 12

Cost-of-illness results should be used as the sole source for policy recommendations.

Question 13

Describe the difference between a prevalence-based and an incidence-based cost-of-illness study.

Question 14

What distinguishes a preferred provider organization (PPO) from a traditional health maintenance organization (HMO)?

Question 15

What is the goal of accountable care organizations (ACOs)?