Exam 7: Economic Issues in Nursing and Health Care

An insurance company's internal statistics show that the company is losing a great deal of money processing small, frequent claims submitted by its customers.The company accountant suggests that the best way to decrease this loss is to:

While studying health care economics, the nursing professor explains to a class that the economic principle of opportunity costs means that:

The student learning about the Affordable Care Act (ACA)understands the three entities that were created to oversee and evaluate the quality of care and cost of the health care system.Which entities are involved in this process? (Select all that apply.)

A state nurses association has convinced hospitals in that state to offer very attractive wage and benefits packages to nurses.To determine whether this strategy is working to provide a long-term solution to the nursing shortage, the association would measure the:

The nurse studying health care economics understands that a system that valued attaining competitive advantage as its primary goal would be classified as operating in the model of _____-sum competition.

The student nurse knows that employer-sponsored health insurance was:

A nurse wishes to get a job in a large city with many hospitals from which to choose but is dismayed to learn that the wages for nurses are nearly as low in the city as in the rural area where the nurse lives.The nurse concludes that:

A student is explaining the Health Insurance Marketplace to a relative.What information does the student provide? (Select all that apply.)

In trying to understand current problems in today's health care environment, the nurse could reframe the discussion as a problem created by:

A nurse performing a technology assessment understands that the results of the assessment will be used to:

The student studying health care economics knows that this includes: (Select all that apply.)