HSC4630: Understanding U.S.
Healthcare Exam 1 well answered
passed
You toons: Health Reform Hits Main Street (Y:HRHMS)- Number 1 problem in current health
care system? - correct answer ✔✔Money; health insurance agreed by most to be too expensive.
- For a family, the average premium is almost +$14,000/year; premiums have doubled over the
last 9 years (ballooning past inflation).
Y:HRHMS- Population aging means? - correct answer ✔✔More people with more health
problems.
Y:HRHMS- What is the fastest growing part of the Federal Budget? - correct answer ✔✔Health
Care Costs.
Y:HRHMS: Second problem in current health system? - correct answer ✔✔A system full of holes.
- People buying insurance on their own can be turned down for preexisting health conditions;
- Small businesses may be charged extra for sick workers -> insurance unaffordable;
- Some insurance policies have a lifetime limit on benefits.
*Some of the people least likely to have coverage are the ones who need it most*.
Y:HRHMS- High Cost and Holes in System means: - correct answer ✔✔More than 1 in 7 of us
have no health insurance to protect us all.
- Many more struggle to pay bills and are under-insured, with bare minimum policies.
Y:HRHMS: High costs to household + strain on the Federal budget + people with no protection= -
correct answer ✔✔Big problems.
, Y:HRHMS: Health Reform Law Phase I (now-2014) - correct answer ✔✔- Insurers will be limited
in how they spend our premium dollars- if they use to much for administrative costs/profits ->
forced to give some of it back through rebates.
>> Won't stop premium increases, but it may help some.
- Some services will become free in all new private insurance policies and in Medicare—
preventive care like screenings and vaccinations.
- People on Medicare (65+/disabled) will get more help with their drug costs.
- Young people can remain on parent's policies up to age 26.
- Small business will get tax breaks to help them pay for health insurance for their workers.
- Lifetime limits on insurance benefits will be gone.
- Illegal to turn kids down for having a preexisting condition (e.g. asthma, diabetes).
- Adults that get rejected for insurance coverage can enter a high-risk pool, run by the
government- a policy that covers the sickest uninsured people (riskier for insurance companies,
which is why government will chip in some money to pay for the costs).
>> Pools may be too expensive and may not have enough government money to stay in
business...
Y:HRHMS- Health Reform Law Phase II (2014 and Beyond) - correct answer ✔✔- Medicaid will
be expanded to cover all low-income individuals and families in every state.
- Depending on what you make, if you lose your job or your employer doesn't provide decent
coverage, you may get a health insurance tax credit.
- If you don't have the option to get health insurance at work, you can buy coverage in an
exchange.
Plugging holes:
- Insurers no longer able to turn people down or charge them more if they're sick;
- People will be required to have insurance or pay a special tax (so that people won't wait until
they get sick/injured to buy insurance [few exceptions]);
- Larger businesses (50+ employees) will pay fines if they don't insure their workers;
Healthcare Exam 1 well answered
passed
You toons: Health Reform Hits Main Street (Y:HRHMS)- Number 1 problem in current health
care system? - correct answer ✔✔Money; health insurance agreed by most to be too expensive.
- For a family, the average premium is almost +$14,000/year; premiums have doubled over the
last 9 years (ballooning past inflation).
Y:HRHMS- Population aging means? - correct answer ✔✔More people with more health
problems.
Y:HRHMS- What is the fastest growing part of the Federal Budget? - correct answer ✔✔Health
Care Costs.
Y:HRHMS: Second problem in current health system? - correct answer ✔✔A system full of holes.
- People buying insurance on their own can be turned down for preexisting health conditions;
- Small businesses may be charged extra for sick workers -> insurance unaffordable;
- Some insurance policies have a lifetime limit on benefits.
*Some of the people least likely to have coverage are the ones who need it most*.
Y:HRHMS- High Cost and Holes in System means: - correct answer ✔✔More than 1 in 7 of us
have no health insurance to protect us all.
- Many more struggle to pay bills and are under-insured, with bare minimum policies.
Y:HRHMS: High costs to household + strain on the Federal budget + people with no protection= -
correct answer ✔✔Big problems.
, Y:HRHMS: Health Reform Law Phase I (now-2014) - correct answer ✔✔- Insurers will be limited
in how they spend our premium dollars- if they use to much for administrative costs/profits ->
forced to give some of it back through rebates.
>> Won't stop premium increases, but it may help some.
- Some services will become free in all new private insurance policies and in Medicare—
preventive care like screenings and vaccinations.
- People on Medicare (65+/disabled) will get more help with their drug costs.
- Young people can remain on parent's policies up to age 26.
- Small business will get tax breaks to help them pay for health insurance for their workers.
- Lifetime limits on insurance benefits will be gone.
- Illegal to turn kids down for having a preexisting condition (e.g. asthma, diabetes).
- Adults that get rejected for insurance coverage can enter a high-risk pool, run by the
government- a policy that covers the sickest uninsured people (riskier for insurance companies,
which is why government will chip in some money to pay for the costs).
>> Pools may be too expensive and may not have enough government money to stay in
business...
Y:HRHMS- Health Reform Law Phase II (2014 and Beyond) - correct answer ✔✔- Medicaid will
be expanded to cover all low-income individuals and families in every state.
- Depending on what you make, if you lose your job or your employer doesn't provide decent
coverage, you may get a health insurance tax credit.
- If you don't have the option to get health insurance at work, you can buy coverage in an
exchange.
Plugging holes:
- Insurers no longer able to turn people down or charge them more if they're sick;
- People will be required to have insurance or pay a special tax (so that people won't wait until
they get sick/injured to buy insurance [few exceptions]);
- Larger businesses (50+ employees) will pay fines if they don't insure their workers;
