Question 1

One of the most serious weaknesses in the Medicare system is that

Accepted Answer

A)  patients are not able to choose their own physicians. 
B)  the definition of an episode of illness is too restrictive. 
C)  it provides poor insurance coverage for unusually long hospital stays. 
D)  patients must pay a deductible every time they enter the hospital. 
E)  Part B is voluntary. 
A)  patients are not able to choose their own physicians. 
B)  the definition of an episode of illness is too restrictive. 
C)  it provides poor insurance coverage for unusually long hospital stays. 
D)  patients must pay a deductible every time they enter the hospital. 
E)  Part B is voluntary. C

Question 2

Physicians who accept assignment on their Medicare patients

Accepted Answer

A)  bill patients for 80 percent of the allowable fee. 
B)  agree to forego balance billing. 
C)  accept the allowable fee for all services. 
D)  agree to charge private insurance patients the same fees as Medicare patients. 
E)  Both b and c. 
A)  bill patients for 80 percent of the allowable fee. 
B)  agree to forego balance billing. 
C)  accept the allowable fee for all services. 
D)  agree to charge private insurance patients the same fees as Medicare patients. 
E)  Both b and c. E

Question 3

Participation in Part B of Medicare is

Accepted Answer

A)  applicable to supplemental hospital payments. 
B)  applicable to nursing home stays 
C)  voluntary. 
D)  involuntary. 
E)  none of the above. 
A)  applicable to supplemental hospital payments. 
B)  applicable to nursing home stays 
C)  voluntary. 
D)  involuntary. 
E)  none of the above. C

Question 4

The only disease-specific group eligible for Medicare are those suffering from
AIDS.

Accepted Answer

A)  end-stage renal disease. 
B)  advanced coronary artery disease. 
C)  metastasized cancer. 
D)  diabetes 
A)  end-stage renal disease. 
B)  advanced coronary artery disease. 
C)  metastasized cancer. 
D)  diabetes

Question 5

The Medicare pay-as-you-go system is jeopardized by

Accepted Answer

A)  an overly generous fee schedule that pays physicians more than private insurance for most procedures. 
B)  the changing demographics of the U.S. population with an increasing percentage over the age of 65. 
C)  a reliance on the premiums paid by the elderly themselves to fund a majority of the total cost of the system. 
D)  allowing physicians to balance bill their patients. 
E)  the rising costs of long-term care. 
A)  an overly generous fee schedule that pays physicians more than private insurance for most procedures. 
B)  the changing demographics of the U.S. population with an increasing percentage over the age of 65. 
C)  a reliance on the premiums paid by the elderly themselves to fund a majority of the total cost of the system. 
D)  allowing physicians to balance bill their patients. 
E)  the rising costs of long-term care.

Question 6

The most important source of funding for Medicare is

Accepted Answer

A)  the federal income tax. 
B)  premiums paid by elders and deducted from their monthly Social Security checks. 
C)  a 2.9 percent payroll tax paid by all workers, regardless of their age. 
D)  proceeds from the Medicare Trust Fund. 
E)  a tax on the health insurance premiums pay by all group plans. 
A)  the federal income tax. 
B)  premiums paid by elders and deducted from their monthly Social Security checks. 
C)  a 2.9 percent payroll tax paid by all workers, regardless of their age. 
D)  proceeds from the Medicare Trust Fund. 
E)  a tax on the health insurance premiums pay by all group plans.

Question 7

Possibly, the most serious flaw in the Medicare system is the fact that

Accepted Answer

A)  the deductible is too high for most elders to afford. 
B)  it provides no real protection against catastrophic losses resulting from unusually long hospital stays. 
C)  the definition of an episode of illness can lead to patients paying the deductible more than once during the calendar year. 
D)  coverage for outpatient drugs is poor. 
E)  elders are required to pay monthly premiums to participate in Part B. 
A)  the deductible is too high for most elders to afford. 
B)  it provides no real protection against catastrophic losses resulting from unusually long hospital stays. 
C)  the definition of an episode of illness can lead to patients paying the deductible more than once during the calendar year. 
D)  coverage for outpatient drugs is poor. 
E)  elders are required to pay monthly premiums to participate in Part B.

Question 8

For part A coverage of Medicare, the patient pays a deductible approximately equal to the cost of the first day in the hospital; Medicare pays

Accepted Answer

A)  for days 2-30. 
B)  for days 2-60. 
C)  for days 2-90. 
D)  for the remainder of the hospital stay, however long it may be 
A)  for days 2-30. 
B)  for days 2-60. 
C)  for days 2-90. 
D)  for the remainder of the hospital stay, however long it may be

Question 9

Medicare and Medicaid were enacted by the Johnson administration in 1965 as amendments to which federal law already in existence?

Accepted Answer

A)  Welfare Act of 1960. 
B)  Social Security Act. 
C)  Employee Retirement and Income Security Act. 
D)  Managed Care Act. 
E)  Equal Rights Act. 
A)  Welfare Act of 1960. 
B)  Social Security Act. 
C)  Employee Retirement and Income Security Act. 
D)  Managed Care Act. 
E)  Equal Rights Act.

One of the most serious weaknesses in the Medicare system is that

Physicians who accept assignment on their Medicare patients

Participation in Part B of Medicare is

The only disease-specific group eligible for Medicare are those suffering from AIDS.

The Medicare pay-as-you-go system is jeopardized by

The most important source of funding for Medicare is

Possibly, the most serious flaw in the Medicare system is the fact that

For part A coverage of Medicare, the patient pays a deductible approximately equal to the cost of the first day in the hospital; Medicare pays

Medicare and Medicaid were enacted by the Johnson administration in 1965 as amendments to which federal law already in existence?

US Medical Care: an Uncertain Future

Using Economics to Study Health Care Issues

Analyzing Medical Care Markets

Economic Evaluation in Health Care

The Demand for Health and Medical Care

Population Health

The Market for Health Insurance

Managed Care

The Physicians Services Market

The Hospital Services Market

The Market for Pharmaceuticals

Medicaid

Medical Care Systems Worldwide

Filters

Exam 12: Medicare

One of the most serious weaknesses in the Medicare system is that

Physicians who accept assignment on their Medicare patients

Participation in Part B of Medicare is

The only disease-specific group eligible for Medicare are those suffering from AIDS.

The Medicare pay-as-you-go system is jeopardized by

The most important source of funding for Medicare is

Possibly, the most serious flaw in the Medicare system is the fact that

For part A coverage of Medicare, the patient pays a deductible approximately equal to the cost of the first day in the hospital; Medicare pays

Medicare and Medicaid were enacted by the Johnson administration in 1965 as amendments to which federal law already in existence?

US Medical Care: an Uncertain Future

Using Economics to Study Health Care Issues

Analyzing Medical Care Markets

Economic Evaluation in Health Care

The Demand for Health and Medical Care

Population Health

The Market for Health Insurance

Managed Care

The Physicians Services Market

The Hospital Services Market

The Market for Pharmaceuticals

Medicaid

Medical Care Systems Worldwide

Filters