HMGT 3301 EXAMINATION STUDY SHEET
2026 QUESTIONS WITH ANSWERS
GRADED A+
◉what is required to be eligible for Medicare?. Answer: at least 65
years old
◉who is Medicaid and CHIP for?. Answer: indigent, poor, children
(based on NEED)
◉how many people are in Medicare?. Answer: 50 million (15%)
◉how many people are in Medicaid?. Answer: about 75 million
◉what percentage do not have any health insurance?. Answer: 10%
◉how many people turn 65 every day?. Answer: 10,000
◉what was the main objective of the ACA?. Answer: reduce the
number of uninsured
,◉who was the first president to drive some changes in healthcare?.
Answer: Truman
◉what is premium cost sharing?. Answer: employer's requirement
that their employees pay a portion of health insurance cost
◉what is a downside of a national health system?. Answer: quality is
not reaching high standards
◉what is the primary means to ensuring access to healthcare?.
Answer: health insurance
◉what kind of market partially manages healthcare in the US?.
Answer: free market
◉what is a moral hazard?. Answer: the idea that if you have
insurance, you are probably going to consume more healthcare
◉what is provider-induced demand?. Answer: artificial creation of
demand by providers that enables them to deliver unneeded
services to boost their incomes
, ◉who are phantom providers?. Answer: practitioners who generally
function in an adjunct capacity; the patient does not receive direct
services from them. *they bill for their services separately*, and the
patients often wonder why they have been billed
◉what is packaged pricing?. Answer: a bundled fee for a package of
related services
◉what are the three parties of healthcare?. Answer: 1. patient
2. provider
3. fiscal intermediary
◉what is balanced bill?. Answer: the practice in which the provider
bills the patient for the leftover sum after insurance has only
partially paid the charge initially billed
◉what kind of medicine do practitioners engage in?. Answer:
defensive medicine
◉what are the 9 elements that make up the continuum of care?.
Answer: 1. preventative care2. primary care3. specialized care4.
chronic care5. long term care6. subacute care7. acute care8.
rehabilitative care9. end-of-life care
2026 QUESTIONS WITH ANSWERS
GRADED A+
◉what is required to be eligible for Medicare?. Answer: at least 65
years old
◉who is Medicaid and CHIP for?. Answer: indigent, poor, children
(based on NEED)
◉how many people are in Medicare?. Answer: 50 million (15%)
◉how many people are in Medicaid?. Answer: about 75 million
◉what percentage do not have any health insurance?. Answer: 10%
◉how many people turn 65 every day?. Answer: 10,000
◉what was the main objective of the ACA?. Answer: reduce the
number of uninsured
,◉who was the first president to drive some changes in healthcare?.
Answer: Truman
◉what is premium cost sharing?. Answer: employer's requirement
that their employees pay a portion of health insurance cost
◉what is a downside of a national health system?. Answer: quality is
not reaching high standards
◉what is the primary means to ensuring access to healthcare?.
Answer: health insurance
◉what kind of market partially manages healthcare in the US?.
Answer: free market
◉what is a moral hazard?. Answer: the idea that if you have
insurance, you are probably going to consume more healthcare
◉what is provider-induced demand?. Answer: artificial creation of
demand by providers that enables them to deliver unneeded
services to boost their incomes
, ◉who are phantom providers?. Answer: practitioners who generally
function in an adjunct capacity; the patient does not receive direct
services from them. *they bill for their services separately*, and the
patients often wonder why they have been billed
◉what is packaged pricing?. Answer: a bundled fee for a package of
related services
◉what are the three parties of healthcare?. Answer: 1. patient
2. provider
3. fiscal intermediary
◉what is balanced bill?. Answer: the practice in which the provider
bills the patient for the leftover sum after insurance has only
partially paid the charge initially billed
◉what kind of medicine do practitioners engage in?. Answer:
defensive medicine
◉what are the 9 elements that make up the continuum of care?.
Answer: 1. preventative care2. primary care3. specialized care4.
chronic care5. long term care6. subacute care7. acute care8.
rehabilitative care9. end-of-life care
