HTHRHSC 4370 Exam 1 Correctly Solved
Exam 2024/2025 Review |A level
Certification|
GDP (Gross Domestic Product) metric to gauge he health of a countries economy
dollar value GDP = total ________ ________ of all goods and services produced over a
specific time period
Experience rating is mo...
HTHRHSC 4370 Exam 1 Correctly Solved
Exam 2024/2025 Review |A level
Certification|
GDP (Gross Domestic Product) metric to gauge he health of a countries economy
dollar value GDP = total ________ ________ of all goods and services produced over a
specific time period
Experience rating is most beneficial for which group of individuals?
Those who are at low health risk
What makes it difficult for insurers to offer community ratings?
Strong market competition
Which legislation limited insurers' ability to use experience ratings to set premiums?
ACA
Who is required to purchase private insurance through federal or state exchanges under the
ACA?
Individuals without government or private health insurance
What major issue arose from high administrative costs in individual health insurance plans?
1
, High costs for individuals
When did employment-based private insurance grow in popularity?
During wage and price controls, when wage increases were limited
Which two groups received little benefit from the expansion of private insurance?
The poor and elderly
Medicare Part A primarily covers what type of services?
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