Question 1

Evidence suggests that medical care spending produces positive net benefits _______, but produces negligible net benefits _______.

Accepted Answer

A)  on average; at the margin 
B)  at the margin; on the flat-of-the-curve 
C)  on the flat-of-the-curve; on average 
D)  at the margin; on average 
E)  on the flat-of-the-curve; at the margin 
A)  on average; at the margin 
B)  at the margin; on the flat-of-the-curve 
C)  on the flat-of-the-curve; on average 
D)  at the margin; on average 
E)  on the flat-of-the-curve; at the margin A

Question 2

Which of the following policy actions would be most beneficial under the assumptions of Theory Y?

Accepted Answer

A)  Install regulations to mitigate economic forces 
B)  Tax the sick 
C)  Discourage new medical technologies 
D)  Limit financial awards, which reduce the quality of care 
E)  equally; larger 
A)  Install regulations to mitigate economic forces 
B)  Tax the sick 
C)  Discourage new medical technologies 
D)  Limit financial awards, which reduce the quality of care 
E)  equally; larger B

Question 3

Health reform based on managed competition would be financed primarily through_______.

Accepted Answer

A)  an income tax 
B)  individual contributions 
C)  employer mandates 
D)  premium payments 
E)  none of the above 
A)  an income tax 
B)  individual contributions 
C)  employer mandates 
D)  premium payments 
E)  none of the above C

Question 4

Which of the following is a generic health plan proposed for health reform?

Accepted Answer

A)  Medical savings accounts 
B)  Third-party payers 
C)  Resource-based relative value system 
D)  Diagnosis-related groups 
E)  Fee-for-service 
A)  Medical savings accounts 
B)  Third-party payers 
C)  Resource-based relative value system 
D)  Diagnosis-related groups 
E)  Fee-for-service

Question 5

An individual mandate system reins in cost through highly competitive medical insurance markets.

Accepted Answer

A) True 
 B)False

Question 6

Unlike an individual mandate system, reform focused on medical savings accounts would have minimal impact on labor markets.

Accepted Answer

A) True 
 B)False

Question 7

While the U.S. spends more per capita on medical care, it possesses the lowest infant mortality rate amongst developed countries.

Accepted Answer

A) True 
 B)False

Question 8

Which of the generic health plans would contain costs through highly competitive insurance markets?

Accepted Answer

A)  Managed competition 
B)  National health insurance 
C)  Medical savings accounts 
D)  Individual mandates 
E)  Both a and d 
A)  Managed competition 
B)  National health insurance 
C)  Medical savings accounts 
D)  Individual mandates 
E)  Both a and d

Question 9

_______ has the highest infant mortality rate amongst developed countries.

Accepted Answer

A)  Canada 
B)  The United States 
C)  France 
D)  Germany 
E)  Sweden 
A)  Canada 
B)  The United States 
C)  France 
D)  Germany 
E)  Sweden

Question 10

According to Theory X, _______ and the practice of medicine is _______.

Accepted Answer

A)  health and disease occur randomly; an art 
B)  health and disease occur randomly; special 
C)  health is determined by people's lifestyle choices; an art 
D)  health is determined by people's lifestyle choices; a science 
E)  health and disease occur randomly; a science 
A)  health and disease occur randomly; an art 
B)  health and disease occur randomly; special 
C)  health is determined by people's lifestyle choices; an art 
D)  health is determined by people's lifestyle choices; a science 
E)  health and disease occur randomly; a science

Question 11

Which of the generic health plans would best eliminate the problem of moral hazard?

Accepted Answer

A)  Managed competition 
B)  National health insurance 
C)  Medical savings accounts 
D)  Individual mandates 
E)  Both a and c 
A)  Managed competition 
B)  National health insurance 
C)  Medical savings accounts 
D)  Individual mandates 
E)  Both a and c

Question 12

Which of the generic health plans would provide the greatest variety of insurance plan offerings?

Accepted Answer

A)  Managed competition 
B)  National health insurance 
C)  Medical savings accounts 
D)  Individual mandates 
E)  Both a and c 
A)  Managed competition 
B)  National health insurance 
C)  Medical savings accounts 
D)  Individual mandates 
E)  Both a and c

Question 13

_______ spends more per capita on medical care than all other developed countries.

Accepted Answer

A)  The United Kingdom 
B)  Canada 
C)  The United States 
D)  Switzerland 
E)  Germany 
A)  The United Kingdom 
B)  Canada 
C)  The United States 
D)  Switzerland 
E)  Germany

Question 14

A primary benefit of mandated health insurance is that employees don't incur any additional cost.

Accepted Answer

A) True 
 B)False

Question 15

A national health insurance plan would provide significant cost advantages through scale economies.

Accepted Answer

A) True 
 B)False

Evidence suggests that medical care spending produces positive net benefits _, but produces negligible net benefits _.

Which of the following policy actions would be most beneficial under the assumptions of Theory Y?

Health reform based on managed competition would be financed primarily through_______.

Which of the following is a generic health plan proposed for health reform?

An individual mandate system reins in cost through highly competitive medical insurance markets.

Unlike an individual mandate system, reform focused on medical savings accounts would have minimal impact on labor markets.

While the U.S. spends more per capita on medical care, it possesses the lowest infant mortality rate amongst developed countries.

Which of the generic health plans would contain costs through highly competitive insurance markets?

_______ has the highest infant mortality rate amongst developed countries.

According to Theory X, _ and the practice of medicine is _.

Which of the generic health plans would best eliminate the problem of moral hazard?

Which of the generic health plans would provide the greatest variety of insurance plan offerings?

_______ spends more per capita on medical care than all other developed countries.

A primary benefit of mandated health insurance is that employees don't incur any additional cost.

A national health insurance plan would provide significant cost advantages through scale economies.

Introduction

Health and Medical Care: an Economic Perspective

Cost and Benefit Analysis

Health Care Systems and Institutions

The Demand for Medical Care

The Demand for Medical Insurance: Traditional and Managed Care Coverage

Medical Care Production and Costs

Structure, Conduct, Performance, and Market Analysis

Government, Health, and Medical Care

Government As Health Insurer

The Private Health Insurance Industry

The Physician Services Industry

The Hospital Services Industry

The Pharmaceutical Industry

The Long-Term Care Industry

Filters

Exam 16: Health Insurance Reform

Evidence suggests that medical care spending produces positive net benefits _______, but produces negligible net benefits _______.

Which of the following policy actions would be most beneficial under the assumptions of Theory Y?

Health reform based on managed competition would be financed primarily through_______.

Which of the following is a generic health plan proposed for health reform?

An individual mandate system reins in cost through highly competitive medical insurance markets.

Unlike an individual mandate system, reform focused on medical savings accounts would have minimal impact on labor markets.

While the U.S. spends more per capita on medical care, it possesses the lowest infant mortality rate amongst developed countries.

Which of the generic health plans would contain costs through highly competitive insurance markets?

_______ has the highest infant mortality rate amongst developed countries.

According to Theory X, _______ and the practice of medicine is _______.

Which of the generic health plans would best eliminate the problem of moral hazard?

Which of the generic health plans would provide the greatest variety of insurance plan offerings?

_______ spends more per capita on medical care than all other developed countries.

A primary benefit of mandated health insurance is that employees don't incur any additional cost.

A national health insurance plan would provide significant cost advantages through scale economies.

Introduction

Health and Medical Care: an Economic Perspective

Cost and Benefit Analysis

Health Care Systems and Institutions

The Demand for Medical Care

The Demand for Medical Insurance: Traditional and Managed Care Coverage

Medical Care Production and Costs

Structure, Conduct, Performance, and Market Analysis

Government, Health, and Medical Care

Government As Health Insurer

The Private Health Insurance Industry

The Physician Services Industry

The Hospital Services Industry

The Pharmaceutical Industry

The Long-Term Care Industry

Filters

Evidence suggests that medical care spending produces positive net benefits _, but produces negligible net benefits _.

According to Theory X, _ and the practice of medicine is _.