LSUS MHA 710 Economics Exam 4 latest actual questions with accurate expert solutions + rationales ( LATEST RELEASE )

Which of the following statements is most true regarding the experience of reforming medical care in the United States?

Moral hazard is a powerful force.

Individuals on opposite sides of the political spectrum typically voice opposite viewpoints on universal access & universal coverage. All of the statements concerning the 2 concepts are true except which of the following?

Universal access usually requires mandatory participation, while universal coverage is a voluntary system.

To better control overall Medicaid spending, most states:

Enroll all eligible recipients in managed care plans.

Which of the following countries placed highest on the healthcare access & quality (HAQ) index?

Switzerland.

If the healthcare access & quality (HAQ) index of the United States is 81.3 & its healthcare access & quality frontier is 91.5, what is the value of the healthcare access & quality gap?

10.2

More than 90% of the privately insured, nonelderly population in the United States receives group coverage through the workplace. All of the following are true about employer-sponsored insurance (ESI) in the United States except which statement?

Employees will not purchase insurance voluntarily. The employer must be involved.

What is the name of the health care reform feature where employers can either provide health care coverage to their employees or pay a payroll tax to fund government-provided insurance?

Play-or-Pay.

The average federal medical assistance (FMAP) percentage across the United States received by the typical state is approximately what percentage of overall Medicaid spending?

60%.

Which of the following provisions included in the Affordable Care Act (ACA) was responsible for the largest number of newly insured?

Expansion of Medicaid.

The main goal of any health care system, sometimes called the triple aim, includes all of the following, except: (Select all that apply)

Expand access to medical care.

Single-payer systems typically apply all of the following practices except which of the following?

Require government ownership of the medical infrastructure of clinics & hospitals.

How do individuals spending their own money behave differently than those spending someone else's money?

Individuals spending their own money look for the best value given the price.

Strictly followed, the single-payer model requires a ban on private insurance for all covered medical services. Which country follows this model most closely?

Canada.

Which of the following statements is true about the Affordable Care Act (ACA)?

The final version of the Affordable Care Act passed without a single Republican voting in favor of it.

One of the reasons the 2008 Oregon Experiment was so important is because it(s):

Experimental design included random selection of the treatment & control groups.

How is the issue of the "free rider" relevant to the discussion of whether access to medical care is a fundamental right?

The free rider argument is based on the idea that access to medical care should be free & available to everyone.

Medicaid payment rates to physicians are significantly below those paid by private insurers. Using the results of a Merritt Hawkins (2014, 2017) survey, how do these lower payment rates affect physician access for enrollees?

The greater the supply of physicians, the more likely they are to accept new Medicaid patients.

Many of the states that expanded Medicaid coverage to meet the criteria of the Affordable Care Act did not expect:

The large increase in the number of new enrollees already eligible under previous standards.

Before entering the debate of whether access to medical care is a right, it is important to distinguish between a negative right & a positive right. Which of the following statements is true?

Consider that Peter has no money. In order for Peter to exercise his right to medical care, the law requires that Paul pay for it. This is an example of medical care as a positive right.

Of the 4 categories of the Medicaid-eligible population, which of these could benefit by opening up the health exchanges to some degr3ee of privatization?

Adults.

The legal obligation created by the Congress of the United States to provide medical care for the elderly & indigent creates:

A natural right to medical care for these 2 groups.

Research indicates that the 2014 expansion of Medicaid has led to a number of unintended consequences including:

Higher per capita spending on the expansion population than anticipated.

A collectively financed medical care system that provides universal coverage to a basic benefits package for everyone, including the ability to purchase additional coverage with a supplemental insurance policy:

May not be equal but is welfare enhancing for everyone.

Which of the following statements is true about the Medicaid Program?

The majority of total outlays are for the elderly & disabled.

Under the Affordable Care Act (ACA), states were required to initiate which of the following changes in the administration of their respective programs?

Extend eligibility to participants with household incomes less than 138% of the federal poverty level.

What is the best way to ensure that individuals with preexisting health conditions have access to affordable insurance coverage?

Place those with preexisting conditions into separate risk pools, charging them risk-rated premiums, & provide taxpayer financed subsidies to make the coverage affordable.

One of the best examples of managed competition in practice is:

The Federal Employee Health Benefit Plan (FEHBP).

The most costly expansion of Medicaid since its inception is referred to as:

The State Children's Health Insurance Program.

In 2008, the state of Oregon used a lottery to extend Medicaid coverage to an additional 10,000 residents (often called the Oregon Experiment). Two years after enrollment, the lottery winners (the treatment group):

Experienced an increase in the probability of receiving a diagnosis of diabetes & the use of drugs to control the condition.

The federal share of Medicaid financing, or federal medical assistance percentage (FMAP), ranges from a minimum of what percent in 13 high-income states to what percent in Mississippi?

50% ; 75%