CSM 405 Final Exam Graded A+
Critics of the U.S. health care system argue that, in the long-run, treating the diseases
that afflict people who are obese is much more costly than investing in strategies to
prevent obesity. They argue that, in this way, the U.S. health care system is not -
Answers-efficient
Current tax law provides a subsidy to employees for
insurance purchased in the employment setting. - Answers-True
Currently, the United States uses which approach to pay for health care for its citizens?
- Answers-Hybrid system of public and private funding for care
For the average person receiving Social Security benefits, benefits are roughly
___________ of preretirement earnings and are ___________ for low-income earners
relative to high-income earners. - Answers-40% or higher
Health care spending is much less in the United States than in the typical industrialized
nation. - Answers-False
Much higher in the US
If an insured patient pays the full cost of the first $5,000 of medical expenses per year,
what is that $5,000 amount called? - Answers-deductible
In 2013, approximately 16% of the population was uninsured. - Answers-True
In general, which of the following is TRUE of Social Security? - Answers-Females have
higher Social Security Wealth than do males.
Infant mortality was not affected by the expansion of Medicaid coverage to pregnant
women. - Answers-False
Decreased by 8.5%
Medicaid is administered by the ____________ and is financed by _____________. -
Answers-states; general state and federal revenues
Medicaid provides health insurance to: - Answers-some low-income indivduals
Medicare is administered by _____________ and financed by ______________. -
Answers-federal government; a payroll tax
Medicare provides health insurance only to: - Answers-all elderly over age 65.
, One of the challenges to reforming the Social Security program is the influence of
strong advocacy groups such as _______, an active group representing the interests of
__________. - Answers-AARP (American Association for Retired People)/older adults
One of the major risks that opponents criticize regarding the proposal to partially
privatize Social Security funding is that ________. - Answers-individuals may not make
wise investment choices for the money they are responsible to invest
One of the most promising ways to reduce health care costs may be to - Answers-
emphasize preventive health care.
Overall, the two broad problems that the U.S. health care system faces overall right now
are - Answers-growing costs and poor access to health care services.
Overall, the two broad problems that the U.S. health care system faces overall right now
are poor access to health care and insufficient funding for medical research. - Answers-
False
Growing costs and poor access to health care services
Prescription drug spending accounts for almost half of health spending. - Answers-False
Recent changes to Social Security mean that individuals can retire with full benefits at
age: - Answers-67
Social Security is called a "pay as you go" system. This means that - Answers-benefits
that the U.S. government currently pays out are funded through currently collected
taxes.
Some argue that a policy decision to invest in preventative care should be evaluated on
the criterion of equity, since - Answers-it is inequitable to spend so much more money to
treat diseases for those with unhealthy lifestyles in comparison to little spending on
those with healthy lifestyles.
Suppose someone argues that the problems faced by Social Security could be solved if
we adjusted for the fact that people live longer than they used to, even given the
changes to Social Security over that time. This is a reference to: - Answers-raising the
retirement age.
Suppose that someone wishes to address the problem with Social Security by
mandating that those now exempt from Social Security have to enroll. That approach is
equivalent to: - Answers-extending the base of taxable wages.
Suppose that someone wishes to address the problems with Social Security by allowing
increased immigration. The approach is equivalent to: - Answers-extending the base of
taxable wages.
Critics of the U.S. health care system argue that, in the long-run, treating the diseases
that afflict people who are obese is much more costly than investing in strategies to
prevent obesity. They argue that, in this way, the U.S. health care system is not -
Answers-efficient
Current tax law provides a subsidy to employees for
insurance purchased in the employment setting. - Answers-True
Currently, the United States uses which approach to pay for health care for its citizens?
- Answers-Hybrid system of public and private funding for care
For the average person receiving Social Security benefits, benefits are roughly
___________ of preretirement earnings and are ___________ for low-income earners
relative to high-income earners. - Answers-40% or higher
Health care spending is much less in the United States than in the typical industrialized
nation. - Answers-False
Much higher in the US
If an insured patient pays the full cost of the first $5,000 of medical expenses per year,
what is that $5,000 amount called? - Answers-deductible
In 2013, approximately 16% of the population was uninsured. - Answers-True
In general, which of the following is TRUE of Social Security? - Answers-Females have
higher Social Security Wealth than do males.
Infant mortality was not affected by the expansion of Medicaid coverage to pregnant
women. - Answers-False
Decreased by 8.5%
Medicaid is administered by the ____________ and is financed by _____________. -
Answers-states; general state and federal revenues
Medicaid provides health insurance to: - Answers-some low-income indivduals
Medicare is administered by _____________ and financed by ______________. -
Answers-federal government; a payroll tax
Medicare provides health insurance only to: - Answers-all elderly over age 65.
, One of the challenges to reforming the Social Security program is the influence of
strong advocacy groups such as _______, an active group representing the interests of
__________. - Answers-AARP (American Association for Retired People)/older adults
One of the major risks that opponents criticize regarding the proposal to partially
privatize Social Security funding is that ________. - Answers-individuals may not make
wise investment choices for the money they are responsible to invest
One of the most promising ways to reduce health care costs may be to - Answers-
emphasize preventive health care.
Overall, the two broad problems that the U.S. health care system faces overall right now
are - Answers-growing costs and poor access to health care services.
Overall, the two broad problems that the U.S. health care system faces overall right now
are poor access to health care and insufficient funding for medical research. - Answers-
False
Growing costs and poor access to health care services
Prescription drug spending accounts for almost half of health spending. - Answers-False
Recent changes to Social Security mean that individuals can retire with full benefits at
age: - Answers-67
Social Security is called a "pay as you go" system. This means that - Answers-benefits
that the U.S. government currently pays out are funded through currently collected
taxes.
Some argue that a policy decision to invest in preventative care should be evaluated on
the criterion of equity, since - Answers-it is inequitable to spend so much more money to
treat diseases for those with unhealthy lifestyles in comparison to little spending on
those with healthy lifestyles.
Suppose someone argues that the problems faced by Social Security could be solved if
we adjusted for the fact that people live longer than they used to, even given the
changes to Social Security over that time. This is a reference to: - Answers-raising the
retirement age.
Suppose that someone wishes to address the problem with Social Security by
mandating that those now exempt from Social Security have to enroll. That approach is
equivalent to: - Answers-extending the base of taxable wages.
Suppose that someone wishes to address the problems with Social Security by allowing
increased immigration. The approach is equivalent to: - Answers-extending the base of
taxable wages.
