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HCMG LATEST QUESTIONS AND ANSWERS UPDATE: A MASTERING A+ MATERIAL!

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HCMG LATEST QUESTIONS AND ANSWERS UPDATE: A MASTERING A+ MATERIAL! What does the average person spend more on- food, shelter, or healthcare? Housing (18%), Medical Care (17%), Food/ Cars and furniture (14%), Clothing and shoes (3%) What are national health expenditures the total amount of al spending in the U.S. on Healthcare What was the total NHE in 2014? 3 trillion What was the total NHE in 2015? 3.2 trillion Based on the NHE from 2015, if the health sector were its own country, how would its economy rank compared to the rest of the world 5th Based on the NHE from 2015, what percent is it relative to the national income 17.8% What is the national income also known as? GDP Based on the NHE from 2015, what does this value equate to if divided between each person in the United States? 9990/person Why is health care spending so large? 1)Not on us: Spending higher when older and 80/20 (80% of expenditure, 20% of population) 2) Expenditure of medical care paid for by someone else How does spending vary by age? As populations grow older, they tend to spend more on health care What gender gap exists in health spending? In general, there is no gender gap in health spending between men and women. However, during the periods of 19-34 and 35-44, spending for females is much higher than spending for males. This is because women during child birth periods have a better practice of going to the doctor in order to ensure that they are healthy and doing well. How does the amount of health spending compare between people who are 55 and older and those ho are under 19 11% of spending by 25% of the population for 19 and younger, while people who are 55 and older account for about half of total spending What do discussions in health spending often focus on in terms of population? Averages How does spending vary across populations? How could you describe distribution? What does this say about the possibility/focus of reform? Considerably- 80/20 rule- 80% of health spending occurs in the top 20% of health spenders; skewed; Can really reform while only working with a small amount of the population Even though there is so much health spending, why is it not seen to be as conspicuous? Most spending for health care is not out of pocket (out of pocket accounts for only 10% of costs, while the rest is covered by Medicaid (around 20), Medicare (Around 20), and Private insurance (around 32) How does health spending growth compare to income growth historically? It has exceeded income growth. How has the gap between health spending growth and income growth changed between the 70s and 80s, 80s and 90s, 90s and 2000s? increased, decreased, increased What span of time has there shown to not have been a gap between health spending growth and income growth (three year span)- 1st time in three years span that there is no gap How does income growth and health spending growth compare from 2013 to 2014 and 2014 to 2015? How about in recent quarters? What does this show? Increases in both cases; health spending has picked up; something in 2014 created the difference once more between income growth and health spending growth: (1) Medicaid expanded individual subsidies on the market and increase of market exchanges came about- more participation in individual market exchanges helped people who couldn't afford insurance

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HCMG LATEST QUESTIONS AND ANSWERS UPDATE: A
MASTERING A+ MATERIAL!
What does the average person spend more on- food, shelter, or healthcare?
Housing (18%), Medical Care (17%), Food/ Cars and furniture (14%), Clothing and shoes (3%)
What are national health expenditures
the total amount of al spending in the U.S. on Healthcare
What was the total NHE in 2014?
3 trillion
What was the total NHE in 2015?
3.2 trillion
Based on the NHE from 2015, if the health sector were its own country, how would its
economy rank compared to the rest of the world
5th
Based on the NHE from 2015, what percent is it relative to the national income
17.8%
What is the national income also known as?
GDP
Based on the NHE from 2015, what does this value equate to if divided between each person
in the United States?
9990/person
Why is health care spending so large?
1)Not on us: Spending higher when older and 80/20 (80% of expenditure, 20% of population) 2)
Expenditure of medical care paid for by someone else
How does spending vary by age?
As populations grow older, they tend to spend more on health care
What gender gap exists in health spending?

, In general, there is no gender gap in health spending between men and women. However,
during the periods of 19-34 and 35-44, spending for females is much higher than spending for
males. This is because women during child birth periods have a better practice of going to the
doctor in order to ensure that they are healthy and doing well.
How does the amount of health spending compare between people who are 55 and older and
those ho are under 19
11% of spending by 25% of the population for 19 and younger, while people who are 55 and
older account for about half of total spending
What do discussions in health spending often focus on in terms of population?
Averages
How does spending vary across populations? How could you describe distribution? What
does this say about the possibility/focus of reform?
Considerably- 80/20 rule- 80% of health spending occurs in the top 20% of health spenders;
skewed; Can really reform while only working with a small amount of the population
Even though there is so much health spending, why is it not seen to be as conspicuous?
Most spending for health care is not out of pocket (out of pocket accounts for only 10% of
costs, while the rest is covered by Medicaid (around 20), Medicare (Around 20), and Private
insurance (around 32)
How does health spending growth compare to income growth historically?
It has exceeded income growth.
How has the gap between health spending growth and income growth changed between the
70s and 80s, 80s and 90s, 90s and 2000s?
increased, decreased, increased
What span of time has there shown to not have been a gap between health spending growth
and income growth
2010-2013 (three year span)- 1st time in three years span that there is no gap
How does income growth and health spending growth compare from 2013 to 2014 and 2014
to 2015? How about in recent quarters? What does this show?
Increases in both cases; health spending has picked up; something in 2014 created the
difference once more between income growth and health spending growth: (1) Medicaid
expanded individual subsidies on the market and increase of market exchanges came about-
more participation in individual market exchanges helped people who couldn't afford insurance

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