Match the term with the definition or description:
-An attempt to contain costs by instituting the same pay for the same services

Question

Quizplus · Accepted Answer

Resource-based relative value scale (RBRVS) is a method used by Medicare to determine the payment for certain medical services based on the resources needed to perform them. It is an attempt to contain costs by instituting the same pay for the same services.

Answer: B
 Baby boomers are individuals born between 1946 and 1964 who make up a large portion of the population and are currently reaching retirement age, leading to increased demand for healthcare services.

Answer: C
 Preferred provider plans (PPOs) are managed care plans that allow patients to see providers outside of their network for a higher cost. They are designed to encourage patients to use providers within the network, thereby containing costs.

Answer: E
 "Donut hole" refers to a gap in prescription drug coverage in Medicare Part D, where beneficiaries are responsible for paying a larger portion of the cost of their medications.

Answer: F
 The Great Society was a set of domestic policies and programs launched by President Lyndon B. Johnson in the 1960s, aimed at reducing poverty and promoting social welfare.

Answer: G
 Supplemental Security Income (SSI) is a federal program that provides financial assistance to low-income individuals who are elderly, blind, or disabled.

Answer: H
 Medical savings accounts (MSAs) are tax-advantaged accounts where individuals can save money to pay for medical expenses. They are designed to encourage individuals to take more control over their healthcare spending. Point-of-service organizations (PSOs) were not described.

Match the Term with the Definition or Description