LSUS MHA 710 Exam 4
How do individuals spending their own money behave differently than those spending
someone else's money? - CORRECT ANSWER-Individuals spending their own money
look for the best value given the price.
Of the four categories of the Medicaid-eligible population, which of these could benefit
by opening up the health exchanges to some degree of privatization? - CORRECT
ANSWER-Adults
A collectively financed medical care system that provides universal coverage to a basic
benefits package for everyone, including the ability to purchase additional coverage with
a supplemental insurance policy: - CORRECT ANSWER-may not be equal but is
welfare enhancing for everyone.
Which of the following provisions included in the Affordable Care Act (ACA) was
responsible for the largest number of newly insured? - CORRECT ANSWER-Expansion
of Medicaid
The most costly expansion of Medicaid since its inception is referred to as: - CORRECT
ANSWER-The State Children's Health Insurance Program.
- CORRECT ANSWER-In 2008, the state of Oregon used a lottery to extend Medicaid
coverage to an additional 10,000 residents (often called the Oregon Experiment). Two
years after enrollment, the lottery winners (the treatment group):
Which of the following statements is most true regarding the experience of reforming
medical care in the United States? - CORRECT ANSWER-Moral hazard is a powerful
force.
Which of the following statements is true about the Affordable Care Act (ACA)? -
CORRECT ANSWER-The final version of the Affordable Care Act passed without a
single Republican voting in favor of it.
What is the name of the health care reform feature where employers can either provide
health care coverage to their employees or pay a payroll tax to fund government-
provided insurance? - CORRECT ANSWER-Play-or-pay
One of the best examples of managed competition in practice is: - CORRECT
ANSWER-the Federal Employee Health Benefit Plan (FEHBP).
How do individuals spending their own money behave differently than those spending
someone else's money? - CORRECT ANSWER-Individuals spending their own money
look for the best value given the price.
Of the four categories of the Medicaid-eligible population, which of these could benefit
by opening up the health exchanges to some degree of privatization? - CORRECT
ANSWER-Adults
A collectively financed medical care system that provides universal coverage to a basic
benefits package for everyone, including the ability to purchase additional coverage with
a supplemental insurance policy: - CORRECT ANSWER-may not be equal but is
welfare enhancing for everyone.
Which of the following provisions included in the Affordable Care Act (ACA) was
responsible for the largest number of newly insured? - CORRECT ANSWER-Expansion
of Medicaid
The most costly expansion of Medicaid since its inception is referred to as: - CORRECT
ANSWER-The State Children's Health Insurance Program.
- CORRECT ANSWER-In 2008, the state of Oregon used a lottery to extend Medicaid
coverage to an additional 10,000 residents (often called the Oregon Experiment). Two
years after enrollment, the lottery winners (the treatment group):
Which of the following statements is most true regarding the experience of reforming
medical care in the United States? - CORRECT ANSWER-Moral hazard is a powerful
force.
Which of the following statements is true about the Affordable Care Act (ACA)? -
CORRECT ANSWER-The final version of the Affordable Care Act passed without a
single Republican voting in favor of it.
What is the name of the health care reform feature where employers can either provide
health care coverage to their employees or pay a payroll tax to fund government-
provided insurance? - CORRECT ANSWER-Play-or-pay
One of the best examples of managed competition in practice is: - CORRECT
ANSWER-the Federal Employee Health Benefit Plan (FEHBP).
