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MHA 707 Exam C-Questions and Answers 100% Solved

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MHA 707 Exam C-Questions and Answers 100% Solved Non marketability of risks Inherent I medicine and medical practice health insurance. Moral hazard behaving differently when you know someone else is taking the risk (induced demand) Adverse selection The sicker people likely want more insuran...

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  • March 3, 2024
  • 12
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers

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  • mha 707 exam c
  • questions and answers 100 solved
  • non marketability of risks inherent i medicine

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  • MHA 707

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MHA 707 Exam C -Questions and Answers 100% Solved Non marketability of risks ✔✔Inherent I medicine and medical practice health insurance. Moral hazard ✔✔behaving differently when you know someone else is taking the risk (induced demand) Adverse selection ✔✔The sicker people likely want more insurance (the healthier, less) Pooling of risk ✔✔Sharing risk proportionately among many is a basic insurance concept Financing health care in U.S. ✔✔•Workarounds •Redundancies •Contradictions (NHEA) ✔✔National Health Expenditure Accounts National health expenditures (NHE) ✔✔All health care consumption and investments in medical structures and equipment and non commercial health services and biomedical research. Health Consumption Expenditures (HCE) ✔✔•A subset of (NHE) National health Expenditures •Includes all medical goods and services that are used to diagnose, treat, and prevent health problems in a specific person. In 2017, the National Health Expenditures (NHE) were approximately ✔✔• $3.49 trillion • 17.9% of GDP • $10,739 per capita Most of HCE are for personal health care (PHC) ✔✔•Hospitalization •Physician Services •Prescription drugs •Other health care goods and services Chronic diseases ✔✔90% of the NHE are for 85% chronic and 5% mental health diseases ✔✔Value -based purchasing, bundled payments, and P4P (pay for performance) currently used by CMS ( Centers for Medicare & Medicaid Systems) too performers make extra money that is taken from poorer performers Managed Care Plans ✔✔• Health Maintenance Organizations (HMO) • Preferred Provider Organization (PPO) • Point -of-Service (POS) plans • Exclusive Provider Organizations (EPO) • Other Permutation Managed Care Organization (MCO) ✔✔United health group is the largest in 2017 About 66% ✔✔of people under the age of 65 are covered through Private Insurance About 11% ✔✔of people under the age of 65 were uninsured in 2017. (Self -pay or self -insured) (unassigned, no doctor) About 8% ✔✔of people under the age of 65 were uninsured in 2019 Out of pocket health care payments for insured patients are ✔✔• Copayments • Coinsurance • Deductibles

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