APA Final Exam - Quiz questions With
Correct Answers
Health vs. Health care - CORRECT ANSWER✔✔-Well being - physical and mental
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not just being disease free; the other is the system that helps ensure this
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Scarcity - CORRECT ANSWER✔✔-Dividing resources by using prices; supply and
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demand; infinite number of needs and limited resources; in HP goods are more
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regulated than market driven
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The leading insurance companies in the US in the 1920s were against compulsory
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health insurance because of the inclusion of a funeral benefit - CORRECT
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ANSWER✔✔-True
The American Federation of Labor, lead by Samuel Gompers, championed
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Compulsory health insurance coverage for all workers - CORRECT ANSWER✔✔-
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False
The American Medical Association responded to the Great Depression by
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restricting the supply of doctors rather than stimulating demand for physicians'
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services. - CORRECT ANSWER✔✔-True
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Increased state and federal funding for medical services of the poor started with
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the passage of Medicaid in 1965. - CORRECT ANSWER✔✔-False
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, Post WW II, veterans were able to win support not only for treatment of their
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service-related injuries but for all of their medical care needs, largely because of
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AMA support. - CORRECT ANSWER✔✔-False
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Blue cross started off as an insurance program that covered hospital costs only -
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CORRECT ANSWER✔✔-true |
The AMA is legally allowed to collectively bargain with managed care
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organizations on behalf of its members over doctor fees. - CORRECT ANSWER✔✔-
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False
High deductible plans promote adverse selection. - CORRECT ANSWER✔✔-true
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Medicare's prospective payment system has increased hospitalization rates. -
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CORRECT ANSWER✔✔-False |
In America, physicians have always enjoyed an esteemed position in society. -
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CORRECT ANSWER✔✔-False |
The goal of insurance is to give an individual financial risk protection - CORRECT
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ANSWER✔✔-True
market equilibrium occurs when supply is greater than the demand - CORRECT
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ANSWER✔✔-false
Correct Answers
Health vs. Health care - CORRECT ANSWER✔✔-Well being - physical and mental
| | | | | | | | | | | |
not just being disease free; the other is the system that helps ensure this
| | | | | | | | | | | | |
Scarcity - CORRECT ANSWER✔✔-Dividing resources by using prices; supply and
| | | | | | | | | |
demand; infinite number of needs and limited resources; in HP goods are more
| | | | | | | | | | | | |
regulated than market driven
| | |
The leading insurance companies in the US in the 1920s were against compulsory
| | | | | | | | | | | | |
health insurance because of the inclusion of a funeral benefit - CORRECT
| | | | | | | | | | | |
ANSWER✔✔-True
The American Federation of Labor, lead by Samuel Gompers, championed
| | | | | | | | | |
Compulsory health insurance coverage for all workers - CORRECT ANSWER✔✔-
| | | | | | | | |
False
The American Medical Association responded to the Great Depression by
| | | | | | | | | |
restricting the supply of doctors rather than stimulating demand for physicians'
| | | | | | | | | | |
services. - CORRECT ANSWER✔✔-True
| | |
Increased state and federal funding for medical services of the poor started with
| | | | | | | | | | | | |
the passage of Medicaid in 1965. - CORRECT ANSWER✔✔-False
| | | | | | | |
, Post WW II, veterans were able to win support not only for treatment of their
| | | | | | | | | | | | | | |
service-related injuries but for all of their medical care needs, largely because of
| | | | | | | | | | | | |
AMA support. - CORRECT ANSWER✔✔-False
| | | |
Blue cross started off as an insurance program that covered hospital costs only -
| | | | | | | | | | | | | |
CORRECT ANSWER✔✔-true |
The AMA is legally allowed to collectively bargain with managed care
| | | | | | | | | | |
organizations on behalf of its members over doctor fees. - CORRECT ANSWER✔✔-
| | | | | | | | | | |
False
High deductible plans promote adverse selection. - CORRECT ANSWER✔✔-true
| | | | | | | |
Medicare's prospective payment system has increased hospitalization rates. -
| | | | | | | | |
CORRECT ANSWER✔✔-False |
In America, physicians have always enjoyed an esteemed position in society. -
| | | | | | | | | | | |
CORRECT ANSWER✔✔-False |
The goal of insurance is to give an individual financial risk protection - CORRECT
| | | | | | | | | | | | | |
ANSWER✔✔-True
market equilibrium occurs when supply is greater than the demand - CORRECT
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ANSWER✔✔-false
