Galen PHARM 2500: Quiz Review| WITH COMPLETE SOLUTIONS
Stage 1 of the Drug System Correct Answer: Research and Development/Drug Discovery and
Development
Stage 2 of the Drug System Correct Answer: Regulatory Review
Stage 3 of the Drug System Correct Answer: Manufacturing, Marketing, and Distribution
Stage 4 of the Drug System Correct Answer: The Medication Use System
Which high-income country spends the most on health care per person? Correct Answer: United
States
What is an example of an inpatient health care setting? Correct Answer: Institutional Long-Term
Care Facilities
What is not an example of an inpatient health care setting? Correct Answer: Mobile Dental
Clinics, Home Care, Community Health Centers, Telephone Triage
In the United States, what is the most common type of hospital? Correct Answer: General
hospitals
Which long-term care setting has the highest level of nursing care? Correct Answer: Skilled
nursing facilities
What is the definition of moral hazard with respect to healthcare? Correct Answer: Consumer
behavior that leads to a higher utilization of healthcare services when they are covered by
insurance
Which type of Managed Care Plan requires enrollees to stay within a network of providers and
obtain a referral to see a specialist? Correct Answer: Health Maintenance Organizations (HMO)
What is the insurance term for a fee you pay monthly (like a membership fee) even if you don't
use any health care services in that month? Correct Answer: premium
What is not an example of public health insurance program in the U.S.? Correct Answer:
National Mutual Insurance, Aetna
What is an example of public health insurance program in the U.S.? Correct Answer: Medicare,
Medicaid, Children's Health Insurance Program, Department of Veterans Affairs (VA)
What is a pharmacy benefit manager (PBM)? Correct Answer: A third-party administrator of
prescription drug plans that negotiates better drug prices for the insurance plans and helps to
control drug spending
Stage 1 of the Drug System Correct Answer: Research and Development/Drug Discovery and
Development
Stage 2 of the Drug System Correct Answer: Regulatory Review
Stage 3 of the Drug System Correct Answer: Manufacturing, Marketing, and Distribution
Stage 4 of the Drug System Correct Answer: The Medication Use System
Which high-income country spends the most on health care per person? Correct Answer: United
States
What is an example of an inpatient health care setting? Correct Answer: Institutional Long-Term
Care Facilities
What is not an example of an inpatient health care setting? Correct Answer: Mobile Dental
Clinics, Home Care, Community Health Centers, Telephone Triage
In the United States, what is the most common type of hospital? Correct Answer: General
hospitals
Which long-term care setting has the highest level of nursing care? Correct Answer: Skilled
nursing facilities
What is the definition of moral hazard with respect to healthcare? Correct Answer: Consumer
behavior that leads to a higher utilization of healthcare services when they are covered by
insurance
Which type of Managed Care Plan requires enrollees to stay within a network of providers and
obtain a referral to see a specialist? Correct Answer: Health Maintenance Organizations (HMO)
What is the insurance term for a fee you pay monthly (like a membership fee) even if you don't
use any health care services in that month? Correct Answer: premium
What is not an example of public health insurance program in the U.S.? Correct Answer:
National Mutual Insurance, Aetna
What is an example of public health insurance program in the U.S.? Correct Answer: Medicare,
Medicaid, Children's Health Insurance Program, Department of Veterans Affairs (VA)
What is a pharmacy benefit manager (PBM)? Correct Answer: A third-party administrator of
prescription drug plans that negotiates better drug prices for the insurance plans and helps to
control drug spending
