MHA 710

The standard cut-off for cost per quality-adjusted life year (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? (Ans- 100 Government payers that rely on the cost-effectiveness approach in determining what procedures and drugs to cover under the national plan establish the threshold at 100 percent of per capita national income. The rationale is simple. ...

Which of the following statements about the distribution of physicians among specialties is true in the US? (Ans- There are twice as many specialists as there are generalists. Which of the following statements is true concerning the trend in community hospital care between inpatient and outpatient services since the mid-1980's? (Ans- Outpatient services have been growing, while inpatient services have been declining. Suppose the market for nursing services in a local community is so...

What is responsible for over one half of the gap in life expectancy between the US and Canada? (Ans- Obesity The economic argument for legalizing drugs (Ans- is based on the assumption that for most non-users, the demand is relatively price elastic Insurance works best in situations where: (Ans- There is a low probability of a large loss A ______ % of the French population is obese; they consume ____ fat than Americans do. (Ans- small; less The goal of health insurance is to:...

Suppose the market for hospital outpatient treatment is in equilibrium when a price ceiling is set below the equilibrium price. What do you expect to happen? (Ans - A shortage will develop. The optimal level of output may be defined as that level of output where: (Ans - the marginal benefit of the last unit purchased equals its marginal cost. Which of the following statements is based on positive analysis? (Ans – High health care prices are one of the primary reasons that the United...

The economic argument for legalizing drugs: (Ans - is based on the assumption that for most non-users, the demand is relatively price elastic. 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: (Ans - Blue Cross In 2001, life expectancy at birth in the United States was 77.2 years, increasing to 78.7 years in 2018. However, there remains a racial gap between Blacks and Whites. White life e...

Which of the following approaches does manage care use to influence physician behavior (select all that apply)? (Ans- Financial incentives & Clinical rules Which of the following options can help reduce the monopsony power exhibited by hospitals in the nursing market? (Ans- Greater mobility What is the average length of stay to classify a hospital as long-term? (Ans- More than 30 days Capacity-constrained medical providers who give free health care to the uninsured are most likely t...

Which of the following is least responsible for the reduction in mortality rates in Europe and North America? (Ans- More effective medical interventions Suppose your assignment is to use the standard time trade-off approach to measure quality of life. You are given the following information: An individual is faced with living the remaining 10 years of their life suffering from severe osteoporosis. The individual reveals that they would be willing to give up four of those years to live the r...

Which of the following statements is true about cost shifting in hospitals? a. Regardless of payer mix, hospitals are taking full advantage of their bargaining power with payers who are able to cost shift. b. Capacity-constrained medical providers are not able to cost shift. c. The positive correlation coefficient between cost-to-payment ratios for various payers indicates that cost shifting is taking place. d. The ability to cost shift depends on a hospital's payer mix. e. Classic Ramse...