There is ongoing debate among U.S. policymakers whether the role the government in the healthcare system should be expanded or reduced. Which of the following are the arguments put forward by those who would like to see an expanded government role? Check all that apply. The government can offer people a public option in the healthcare. Private insurance companies put profit ahead of people. Private insurers and providers should compete for consumers. The government is to offer people a single payer system financed out of tax revenue.
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- Which of the following is a provision of the Patient Protection and Affordable Care Act? Group of answer choices Insurance companies may not legally deny coverage to anyone on the basis of a preexisting medical condition. Every firm must purchase health insurance for their employees or face a $2,000 fine per employee. Every individual must purchase their own health insurance for themselves and their dependents or pay a fine. Adult children of parents with employer-provided health insurance can remain covered by their parents' insurance through age 35.Prospective payment systems, such as Diagnostic Related Groups ( DRGs), transfers risk from ____ to _____ and _____ incentives for hospitals to provide unnecessarily expensive care to patients a. hospitals; the government; increases b. hospitals; the government; eliminates c. the government; hospitals; eliminates d. the government; hospitals; increasesDiscuss the probable consequences of government regulation and market competition on the operation and performance of the health care industry. Question - Which of the following is not a basic question that must be answered as a result of scarcity? a. Who should decide the amount of money spent on medical goods and services?* b. Who should receive the medical goods and services that are produced? c. What mix of nonmedical and medical goods and services should be produced in the macroeconomy? d. What specific health care resources should be used to produce the chosen medical goods and services? e. What mix of medical goods and services should be produced in the health economy?
- The president-elect of healthystate appointed you on top of a health transition team and requested a new health policy that will ensure equity, liberty, and minimize the cost of implementing it. In addition, the president-elect wants to minimize the role of the government under the new policy. With Moral hazard and adverse selection problems being the major challenges to any policy, design a plan that provides equity to the public, eliminate adverse selection problem, and combat moral hazard. In addition, identify parties that would be tasked with the implementation of the policy while minimizing the role of the government in the process.From the point of view of economic security, do you think we should privatize the Medical Center? Do you consider that more or less government intervention is needed in the management of the Medical Center in terms of what services to produce, how to produce the services and for whom to produce them? Do you think that the privatization of the Medical Center would improve or worsen the efficiency of managing its hospitals?Which of the below statements is CORRECT about U.S. Healthcare? Group of answer choices The U.S. healthcare system is a combination of private and public (tax funded) healthcare systems The U.S. does not have universal healthcare as some other developed economies do, and even after the 2010 Patient Protection and Affordable Care Act and its 2017 modified version (AHCA) about 16 million people living in the U.S. remain without healthcare coverage. All of the other statements are correct about U.S. healthcare. The U.S. has the most expensive healthcare is the most expensive in the world.. U.S. has some of the world’s best healthcare available – for those who can afford it, or for those who have good health insurance.
- The Affordable Care Act contained provision for dramatic expansion of the Medicare program.TrueFalse QUESTION 11 Health economics can be defined as: A. An examination of factors that impact healthcare B. An explanation of theories, models and tools that can be applied to understand costs, access, and quality C. One way to understand how best to compare and contrast alternatives D. Help healthcare leaders understand the costs and consequences of options E. All of the above QUESTION 12 The largest health insurance program in the United States is A. Medicare B. Blue Cross-Blue Shield C. Veterans' Affairs D. MedicaidThe decline in hospital days per 10,000 population between 1980 and 2007 reflects: A. An increase in number of times individuals were admitted/discharged from the hospital. B. A decrease in the average length of time they stayed in the hospital once admitted. C. A decrease in number of times individuals were admitted/discharged from the hospital. D. A and B. E. B and C. QUESTION 2 What distinguishes a preferred provider organization (PPO) from a traditional health maintenance organization (HMO)? A. There is no distinction, both HMOs and PPOs are focused on costs and outcomes and are considered managed care organizations B. Both are similar to POSs (point of service plans) C. HMOs are generally more restrictive when it comes to standards and cost controls on providers and enrollees D. All of the above E. A and C onlyThe size of the uninsured and underinsured population in the United States has become an indication of the access problems in the US healthcare system.TrueFalse Health economics can be defined as An examination of factors that impact healthcare An explanation of theories, models and tools that can be applied to understand costs, access, and quality One way to understand how best to compare and contrast alternatives Help healthcare leaders understand the costs and consequences of options All of the above
- Explain how market justice and social justice complement each other, yet also clash and collide with regards to the US health care delivery system by correctly matching the following items Private health insurance coverage received mostly by working middle class Americans through their employers. Health coverage received by America’s most vulnerable population through government-sponsored health programs (i.e. Medicaid, Medicare, SCHIP, etc.) When there are Americans who cannot afford to buy health coverage or are unemployed When there are Americans who are “too rich” to qualify for government sponsored health coverage such as Medicaid and therefore end up with no access to…Large differences regarding health policy exist between those on the political left and those on the political right. Which of the following cost-containment approaches would those on the right oppose? A. Markets and price competition B. Individual choice of health plans, including health savings accounts C. Government negotiation with pharmaceutical companies D. Elimination of state mandatesExamine the role of health as an input to and an output from a production function and discuss the implications for government public policy..