MHA 708 CH 5 EXAM QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS

MHA 708 CH 5 EXAM QUESTIONS AND ANSWERS WITH

COMPLETE SOLUTIONS


Financed Healthcare Insurance i US

•Private health insurance - 62% coverage

•Public health insurance - 28 % coverage

•Medicare

•Medicaid

•Children's Health Insurance Program (CHIP)

•Veterans 7-8%

•Impact of healthcare reform

< 26 y.o. could be on parent's plan

ACA Marketplace Plans introduced

Pre-existing conditions "eliminated"

Uninsured at < 9 % after ACA

Healthcare Spending

•National health expenditures

•18.5 % of gross domestic product (GDP). Book quotes a COVID-inflated 19.2 % in

2020.

•Per capita spending of $12,530 in 2020 - probably inflated as well due to COVID. Still,

much higher than most OECD countries

, How Healthcare Is Financed in the United States

$ by Payments Source

Government = 40%

Medicare - 21%

Medicaid - 16%

Other - 3%

Private Health Insurance = 32%

OOP Care = 11%

Public Health - 3%

Investment - 5%

VA + Others - 9%

U.S. Health Spending Distribution, by Category

Personal Health care expenditures = 85%

Public HC expenditures = 10%

Investments in HC = 5%



Where Does the $ Go?

Hospitals - 31%

Physicians - 20%

Rx - 10%

Nursing Homes/Home Health - 9%

Dental - 5%