How is medicaid financed - Study guides, Class notes & Summaries

Maine Life Insurance Exam Questions With Complete Solutions. Contributory Health Insurance If the employees share a portion of the premium. Often require participation by 75% of eligible members. Noncontributory Health Insurance If the employer pays the entire premium. Most require 100% participation by eligible members. (Funding of Group Insurance) Shared funding Allows employer to self-fund health care expenses, select a deductible and pay covered expenses for any individual incurring ...

Research indicates that the 2014 expansion of Medicaid has led to a number of unintended consequences including: - higher per capita spending on the expansion population than anticipated. Which of the following statements is true about the Medicaid program? - The majority of total outlays are for the elderly and disabled. One of the reasons the 2008 Oregon Experiment was so important is because it(s): - experimental design included random selection of the treatment and control groups. Whi...

LSUS MHA 710 Exam 4 Questions & Answers 2023/2024 Research indicates that the 2014 expansion of Medicaid has led to a number of unintended consequences including: - ANSWER-higher per capita spending on the expansion population than anticipated. Which of the following statements is true about the Medicaid program? - ANSWER-The majority of total outlays are for the elderly and disabled. One of the reasons the 2008 Oregon Experiment was so important is because it(s): - ANSWER-experimenta...

WGU C425 Final Exam Questions With 100% Verified Answers | Latest Update 2023/2024. What Is Health? - ANSWER--U.S. health care has followed a medical/biomedical model. - It assumes illness or disease thereby emphasizing clinical diagnosis and medical in the treatment of disease or its symptoms. - It emphasizes • Clinical diagnosis and medical interventions to: - Treat disease or its symptoms. - Have a clinical diagnosis and medical interventions. Largely governed by the medical model/...

NURS 6202 Final Exam Questions with 100% Verified Correct Answers 2024/2025 Since its inception, Medicaid (also called Title 19 of the Social Security Act) was originally designed to finance health care services for the indigent, and therefore it has been almost entirely a tax-payer funded program. From the very beginning, Medicaid has been what we call a means-tested program. What does that mean? - Correct Answer -Eligibility depends on financial resources -Each state administers their own Me...

What is the basic assumption underlying concept of a free market and how is it challenged by the theory of "bounded rationality?" (Mod 1.1) - correct answer Rational customers will make informed decisions about value, quality and price, while producers who meet consumer's demands will be rewarded with market share and profit. What are economic benefits of a free market? (Mod 1.1) - correct answer If an individual does not like their provider or health plan, the should be able to "vote...

What is the basic assumption underlying concept of a free market and how is it challenged by the theory of "bounded rationality?" (Mod 1.1) - correct answer Assumption that rational customers will make informed decisions about value, quality and price, while producers who meet consumer's demands will be rewarded with market share and profit. However this is challenged by the consumer's "bounded rationality" - rational consumer is only functional up to a certain point because choices are ...

prescription drug doughnut hole - Correct gap in prescription drug coverage between a limit for coverage and catastrophic coverage T/F Medicare Advantage offers less choice in provider than traditional medicare - Correct true because medicare advantage is similar to managed care-- there is a preferred or required network of providers where you can receive care, traditional medicare is fee-for-service from any medicare provider prospective payment - Correct A method of reimbursement based o...

PUBH 6012 Exam 2 Questions with Answers All Correct prescription drug doughnut hole - Answer-gap in prescription drug coverage between a limit for coverage and catastrophic coverage T/F Medicare Advantage offers less choice in provider than traditional medicare - Answer-true because medicare advantage is similar to managed care-- there is a preferred or required network of providers where you can receive care, traditional medicare is fee-for-service from any medicare provider prospectiv...

CEBS GBA Exam 2 Questions with Correct Answers What is the basic assumption underlying concept of a free market and how is it challenged by the theory of "bounded rationality?" (Mod 1.1) - Answer-Rational customers will make informed decisions about value, quality and price, while producers who meet consumer's demands will be rewarded with market share and profit. What are economic benefits of a free market? (Mod 1.1) - Answer-If an individual does not like their provider or health pla...