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HSA3111 Questions and Answers 100% Correct

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HSA3111 Questions and Answers 100% Correct A side effect or secondary impact imposed on someone because of another person's or entity's action (for example, secondary smoke) is called - An externality Resources in economics are also known as - inputs One can always know exactly what an opport...

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  • May 1, 2024
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  • 2023/2024
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HSA3111 Questions and Answers 100%

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A side effect or secondary impact imposed on someone because of

another person's or entity's action (for example, secondary smoke) is

called✔✔ - An externality

Resources in economics are also known as✔✔ - inputs

One can always know exactly what an opportunity cost is.✔✔ - F

Adverse selection can cause healthcare premiums to skyrocket.✔✔ - T

Quality-adjusted life years (QALYs) are used to calculate the cost versus

the effectiveness of a medical treatment.✔✔ - T

Which is not a reason people tend to overconsume healthcare

services?✔✔ - The integration of healthcare providers

Morbidity and mortality mean the same thing.✔✔ - F

Diabetes is a preexisting condition that prior to the Affordable Care Act was

a reason to exclude people from health insurance.✔✔ - T

, Asymmetric information generally does not exist between doctors and their

patients.✔✔ - F

Healthcare is very inelastic because when its cost increases, the demand

decreases substantially.✔✔ - F

Copays are a type of out-of-pocket cost for healthcare.✔✔ - T

Most employees choose a preferred provider organization (PPO) for their

health insurance.✔✔ - T

Physician-induced demand decreases the number of patients a doctor sees

per day.✔✔ - F

Concierge medicine targets people with high deductibles for primary

care.✔✔ - T

Which of the following component of healthcare insurance is no longer

used?✔✔ - Lifetime or annual limits

A person with an indemnity healthcare insurance plan will✔✔ - Have great

flexibility in choosing their healthcare providers

The Affordable Care Act did all of the following except which?✔✔ -

Expanded Medicare

More Americans obtain health insurance through Medicare than from their

employers.✔✔ - F

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