Question 1

Premium payments for individual health insurance plans reached more than $19,000 in 2018.

Accepted Answer

A) True 
 B)False

Question 2

Medicaid is a major funder of safety-net hospitals, health centers, and behavioral health care, but is not involved in supporting long-term care services.

Accepted Answer

A) True 
 B)False

Question 3

Why should health care managers be concerned about health care financing and health insurance?

Accepted Answer

A)   It's the right thing to do.
B)   It's important to the organizations' bottom line and to organizational success.
C)   Employees are concerned about the increases in their share of premiums and other cost sharing.
D)   All of these are correct.

Question 4

Medicaid and Medicare are private insurance programs administered by the federal government.

Accepted Answer

A) True 
 B)False

Question 5

Medicaid spending increases are the result of which of the following?

Accepted Answer

A)   Expansion of services of many types
B)   Expansion of eligibility to include all children
C)   Rising unemployment and increases in the uninsured
D)   Expansions as a result of the Affordable Care Act
E)   Expansion of services of many types, rising unemployment and increases in the uninsured, and expansions as a result of the Affordable Care Act

Question 6

A high-deductible health plan with a savings option represents a form of consumer-driven health plan that:

Accepted Answer

A)   encourages the purchaser to be more aware of the cost of care.
B)   encourages the consumer to use preventive types of health care.
C)   is usually lower cost than other types of plans.
D)   requires the consumer to pay a large amount out-of-pocket before the plan kicks in.
E)   All of these are correct.

Question 7

Explain, in your own words, what the difference is between health maintenance plans and preferred provider plans.

Accepted Answer

Health maintenance organizations (HMOs):...

Question 8

The following are all public insurance programs, except:

Accepted Answer

A)   Medicaid.
B)   Medicare.
C)   Children's Health Insurance Program.
D)   All of these are public insurance programs.

Question 9

Enrollment in Medicare has increased significantly as a result of the Affordable Care Act.

Accepted Answer

A) True 
 B)False

Question 10

Funding for the Medicare Program has increasingly been derived from cost sharing with beneficiaries.

Accepted Answer

A) True 
 B)False

Question 11

Explain in your own words the impact that the Affordable Care Act has had on bringing the uninsured into coverage.

Accepted Answer

The ACA has had a significant impact on ...

Question 12

Differentiate between comprehensive and catastrophic health insurance policies.

Accepted Answer

Comprehensive policies-these policies pr...

Question 13

Provider choice is unlimited under all types of health insurance plans.

Accepted Answer

A) True 
 B)False

Question 14

Moral hazard refers to the concept that the existence of insurance coverage provides an incentive for insured individuals to secure and use coverage for a known condition.

Accepted Answer

A) True 
 B)False

Question 15

The Children's Health Insurance Program is a form of public health insurance coverage.

Accepted Answer

A) True 
 B)False

Question 16

Explain, in your own words, the differences between Part A and Part B of Medicare.

Accepted Answer

Part A-Hospital Insurance (HI), allowing...

Question 17

The majority of the uninsured population is comprised of females.

Accepted Answer

A) True 
 B)False

Exam 9: Financing Health Care and Health Insurance

Explain, in your own words, what the difference is between health maintenance plans and preferred provider plans.

Correct Answer
verified
Health maintenance organizations (HMOs):...
View Answer

Premium payments for individual health insurance plans reached more than $19,000 in 2018.

Correct Answer
verified

Medicaid spending increases are the result of which of the following?

Correct Answer
verified

Medicaid is a major funder of safety-net hospitals, health centers, and behavioral health care, but is not involved in supporting long-term care services.

Correct Answer
verified

The Children's Health Insurance Program is a form of public health insurance coverage.

Correct Answer
verified

Explain, in your own words, the differences between Part A and Part B of Medicare.

Correct Answer
verified
Part A-Hospital Insurance (HI), allowing...
View Answer

Differentiate between comprehensive and catastrophic health insurance policies.

Correct Answer
verified
Comprehensive policies-these policies pr...
View Answer

The following are all public insurance programs, except:

Correct Answer
verified

Explain in your own words the impact that the Affordable Care Act has had on bringing the uninsured into coverage.

Correct Answer
verified
The ACA has had a significant impact on ...
View Answer

The majority of the uninsured population is comprised of females.

Correct Answer
verified

Why should health care managers be concerned about health care financing and health insurance?

Correct Answer
verified

Enrollment in Medicare has increased significantly as a result of the Affordable Care Act.

Correct Answer
verified

Moral hazard refers to the concept that the existence of insurance coverage provides an incentive for insured individuals to secure and use coverage for a known condition.

Correct Answer
verified

Provider choice is unlimited under all types of health insurance plans.

Correct Answer
verified

A high-deductible health plan with a savings option represents a form of consumer-driven health plan that:

Correct Answer
verified

Medicaid and Medicare are private insurance programs administered by the federal government.

Correct Answer
verified

Funding for the Medicare Program has increasingly been derived from cost sharing with beneficiaries.

Correct Answer
verified

Exam 9: Financing Health Care and Health Insurance

Explain, in your own words, what the difference is between health maintenance plans and preferred provider plans.

Correct AnswerverifiedHealth maintenance organizations (HMOs):...View AnswerShow Answer

Premium payments for individual health insurance plans reached more than $19,000 in 2018.

Correct AnswerverifiedShow Answer

Medicaid spending increases are the result of which of the following?

Correct AnswerverifiedShow Answer

Medicaid is a major funder of safety-net hospitals, health centers, and behavioral health care, but is not involved in supporting long-term care services.

Correct AnswerverifiedShow Answer

The Children's Health Insurance Program is a form of public health insurance coverage.

Correct AnswerverifiedShow Answer

Explain, in your own words, the differences between Part A and Part B of Medicare.

Correct AnswerverifiedPart A-Hospital Insurance (HI), allowing...View AnswerShow Answer

Differentiate between comprehensive and catastrophic health insurance policies.

Correct AnswerverifiedComprehensive policies-these policies pr...View AnswerShow Answer

The following are all public insurance programs, except:

Correct AnswerverifiedShow Answer

Explain in your own words the impact that the Affordable Care Act has had on bringing the uninsured into coverage.

Correct AnswerverifiedThe ACA has had a significant impact on ...View AnswerShow Answer

The majority of the uninsured population is comprised of females.

Correct AnswerverifiedShow Answer

Why should health care managers be concerned about health care financing and health insurance?

Correct AnswerverifiedShow Answer

Enrollment in Medicare has increased significantly as a result of the Affordable Care Act.

Correct AnswerverifiedShow Answer

Moral hazard refers to the concept that the existence of insurance coverage provides an incentive for insured individuals to secure and use coverage for a known condition.

Correct AnswerverifiedShow Answer

Provider choice is unlimited under all types of health insurance plans.

Correct AnswerverifiedShow Answer

A high-deductible health plan with a savings option represents a form of consumer-driven health plan that:

Correct AnswerverifiedShow Answer

Medicaid and Medicare are private insurance programs administered by the federal government.

Correct AnswerverifiedShow Answer

Funding for the Medicare Program has increasingly been derived from cost sharing with beneficiaries.

Correct AnswerverifiedShow Answer

Correct Answer
verified
Health maintenance organizations (HMOs):...
View Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
Part A-Hospital Insurance (HI), allowing...
View Answer

Correct Answer
verified
Comprehensive policies-these policies pr...
View Answer

Correct Answer
verified

Correct Answer
verified
The ACA has had a significant impact on ...
View Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified