A prepaid hospital plan created by Baylor Hospital for a group of Dallas public
school teachers in 1929 is considered by many to be the forerunner of: -
ANSWERS-Blue Cross.
The standard cut-off for cost per quality-adjusted life (QALY) used by most
governmental decision makers is set in terms of a multiple of national per capita
income. The value of the threshold is usually what percent of national per capita
income? - ANSWERS-100
One result of asymmetric information in health insurance markets is: - ANSWERS-
Adverse selection.
Research associates obesity with a higher risk of all the following conditions
except: - ANSWERS-Type 1 Diabetes.
, The accompanying diagram depicts the relationship between health status &
medical care spending for particular country. Assume the current spending level is
S1 on TP1. All of the statements below are true? - ANSWERS-S1 levels of spending
are often described as spending on the flat of the curve.
Which of the following is the result of providers having more information about
treatment alternatives than their patients do? - ANSWERS-Principal-agent
problem.
The number one cause of death in the United States was ______ in the 1980. By
2018, it was _____. - ANSWERS-Heart disease ; heart disease
According to Grossman (1972), how is the demand for medical care determined? -
ANSWERS-It is derived from the demand for health.
All of the following statements are true regarding social insurance, except: -
ANSWERS-It is usually experience-rated, with premiums based on ability to pay.
The goal of health insurance is to: - ANSWERS-Collect sufficient premiums to
cover all possible losses.
The nature of health care delivery will be different in the future due to: -
ANSWERS-A rising percentage of eldering in the total population.
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