HE360 Healthcare Economics Quiz 6&7 Answers (Ashworth College) - 2020
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1. Trends from 1998 to 2008 show that Medicare patients have __________ lengths of stay than the average for all patients, and that the difference has been __________.
2. Among social insurance programs in the United States, Medicare refers most often to the __________ and Medicaid to the __________.
3. In the figure above, the welfare loss of monopoly is triangle:
4. From 1985 to 1996 which of the following had the biggest impact on decreasing cost per hospital discharge?
5. Medicaid is particularly attractive to the states because:
6. Suppose there are five hospitals in a county and two of the five seek to merge into a single hospital. A valid reason to oppose this merger on anti-trust grounds might be that:
7. Currie and Gruber have found that Medicaid programs often lead to improvements in measures of health such as infant mortality rates. They tend to be expensive, however leading to questions of program viability as measured by:
8. Davis and Reynolds found that public assistance related to Medicare and Medicaid __________ health care utilization for recipients relative to those who did not receive public assistance.
9. In 2010 and 2011, some states scaled back their Medicaid programs, or considered withdrawing, because:
10. Within the past 20 years Medicaid has increasingly become the source of payment for:
11. Analysts believe that in the economic downturn of 2000-2003:
12. The Hawaii's Keiki (Child) Care insurance program was halted because:
13. Referring to the figure above, increased insurance coverage (more recipients and more generous coinsurance) leads to a shift from __________ in health expenditures.
14. Prospective payment generally reimburses hospitals at a/an:
15. Gaynor and colleagues address the issue of marginal cost pricing by monopolists in the presence of fractional coinsurance in the context of the theory of the second best. They find that:
16. Medicare Part D provides improved coverage focusing on:
17. The theory of the second best suggests that:
18. Use the figure above to answer the following question.
19. Analysts expect the total number of Medicare beneficiaries to rise between the years 2010 and 2040, by approximately __________ million people.
20. Under Shleifer's yardstick pricing scheme:
21. Several critics argue that in rationed systems, analysts do not account for the economic costs of waiting for service. If the United States has less waiting time than other countries for various procedures, and resource costs take these into account, then:
22. In an early study, Fuchs and Hahn compared the U.S. and Canadian systems and found that U.S. consumers paid __________ prices and received __________ services than otherwise similar Canadians.
23. In the figure above, if the administered price P* in the NHS were to be raised we might expect:
24. In the figure above, loosening supplier regulations could move an equilibrium from point __________ to point __________.
25. If we define the health expenditure share s of the GDP as:
26. Pay for performance (P4P) plans:
27. In the figure above, if mandated insurance benefits increase marginal costs to MC2, the firm will:
28. In the figure above, a monopolistic firm in the product market will initially optimize at point __________ and charge price __________.
29. In the figure above, the supply curve for a national health service is drawn vertically because:
30. Many of the more industrialized countries have sought to reform their health care systems by introducing elements of:
31. Mello and colleagues examined the claim that the malpractice liability system leads to unneeded care and extra expenses. They find that __________ and suggest that __________.
32. In the figure above, loosening supplier regulations and managing demand could move an equilibrium from point __________ to point __________.
33. In the figure above, starting at point A, a move to point B'' increases:
34. Gordon developed a typology of health care systems. They include traditional sickness insurance, national health insurance, __________, and __________.
35. O'Neill and O'Neill, in comparing the Canadian and the U.S. systems, find that:
36. Anderson and colleagues (2005) looked at the costs due to malpractice litigation and found that practices in the United States increased health care costs by about __________ per person.
37. Consider the figure above. Which of the following points constitute inefficient allocations of the economy's resources?
38. Individual insurance mandates require:
39. The Chinese health care system has changed since the 1970s from a:
40. Under the Patient Protection and Affordable Care Act:
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