HCMI 3240 Final Exam Latest Update

True or False: Health care providers include physicians, hospitals, and insurance
companies
False
True or False: Third party payers include employers and the government
True
Which of the following is not a factor behind the persistent growth of U.S. health care
spending?
A. Innovation: development of new medical technologies
B. Expansion of public insurance programs to pay for them
C. Generous reimbursement rates to health care providers
D. increased cost-sharing by consumers
E. Patients don't face the full price of medical care at the point of care
True or False: Decentralized health care systems are better suited to achieve largescale coordination
False
True or False: Pure premium equals expected medical cost
True
True or False: The primary purpose of cost-sharing is to reduce adverse selection
True
Currently, per capita health care spending in the USA is about....
10,500 dollars
The U.S. spends about _____ percent of its GDP on medical care
18 percent
True or False: National health expenditure equals medical care personal expenditure
False
Reimbursement is directed towards which group in the health care system?
A. Patients/ consumers
B. Insurers
C. Sponsors
D. medical care providers