Healthcare Economics Quiz: Test!

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| By Blue_navy_baby
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Quizzes Created: 1 | Total Attempts: 451
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  • 1/13 Questions

    ACA's major impact on the health of older adults.

    • Expanded the donut hole
    • Lowered the age for Social Security
    • Expanded Access to preventative care
    • Made it possible for all people under 28 to be eligible for Medigap
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About This Quiz

This Healthcare Economics Quiz assesses knowledge on critical aspects such as Social Security benefits, ACA impacts, Medicare enrollment, and provider networks. It's designed to enhance understanding of healthcare policies affecting older adults, making it essential for students and professionals in health policy.

Healthcare Economics Quiz: Test! - Quiz

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  • 2. 

    How long is the enrollment period for Medicare? 

    • 6 months after turning 65

    • 6 months before turning 65

    • 3 months before turning 65, 3 months after turning 65

    • 3 months after turning 65

    Correct Answer
    A. 3 months before turning 65, 3 months after turning 65
    Explanation
    The enrollment period for Medicare is 3 months before turning 65 and 3 months after turning 65. This allows individuals to sign up for Medicare coverage during a 7-month window surrounding their 65th birthday. It is important to enroll during this period to avoid any penalties or gaps in coverage.

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  • 3. 

    What is not true regarding Medicaid?

    • Can have both medicaid and medicare

    • Must be poverty level (29700$ for family of 4)

    • Must be 3 years in the US

    • Must have US citizenship

    Correct Answer
    A. Must be 3 years in the US
    Explanation
    Must be 5 years in the US.

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  • 4. 

    What is true of Medicare part D?

    • Premium rates are the same for each company

    • There is no coverage for drug costs between 2931-4699$

    • During donut hole period, ANA discount 14% brand name drugs and 50% generic drugs

    • There is no deductable

    Correct Answer
    A. There is no coverage for drug costs between 2931-4699$
    Explanation
    Premium rates VARY for every company During the donut hole period, ANA discount 50% for Brand names, and 14% generic The deductible is 320$.

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  • 5. 

    What is health equity? 

    • Care, control, custody of personal and financial affairs

    • Met when no one is disadvantaged

    • Explains the differences between health outcomes of different groups of people

    • Means that minorities are less likely to be screened

    Correct Answer
    A. Met when no one is disadvantaged
    Explanation
    Health equity refers to a situation where no one is disadvantaged in terms of their health. It means that there are no disparities or differences in health outcomes between different groups of people. In other words, health equity is achieved when everyone has an equal opportunity to attain good health, regardless of their race, ethnicity, socioeconomic status, or other factors. This concept emphasizes the importance of addressing and eliminating health disparities to ensure that everyone has the same chance to live a healthy life.

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  • 6. 

    No coverage for acute care under Medicare part A after ___________

    Correct Answer
    90 days
    Explanation
    1156$ for first 60 days 298$/day for 60-90 days No coverage after 90 days.

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  • 7. 

    A person's capacity and a person's competence are two different things.

    • True

    • False

    Correct Answer
    A. False
    Explanation
    The statement is false because a person's capacity and competence are not two different things. Capacity refers to an individual's potential or ability to do something, while competence refers to their actual skill or knowledge in performing that task. In other words, capacity is the inherent capability, whereas competence is the demonstrated ability.

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  • 8. 

    What is true of social security?

    • For Low income families

    • Benefits 65+

    • Pay as you go system and pooled

    • Provides Gifts food and shelter

    • Calculated by salary in 35 years of working

    • Helps those who were in the agriculture business

    Correct Answer(s)
    A. Benefits 65+
    A. Pay as you go system and pooled
    A. Calculated by salary in 35 years of working
    Explanation
    Supplemental Security Income is for Low-income families, provides gifts, food, and shelter, and helps those who were in the agriculture business who don't get taxes taken out of paychecks.

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  • 9. 

    What is true for veterans' health benefits? 

    • Must be service connected for payment

    • Less than 80,000 a year including home and vehicles

    • War time veteran with at least 1 day during wartime

    • Must have a conservator over finances

    Correct Answer(s)
    A. Must be service connected for payment
    A. War time veteran with at least 1 day during wartime
    Explanation
    Less than 80,000 a year EXCLUDING home and vehicles A conservator makes no difference.

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  • 10. 

    What is true of capitation on medicare coverage?

    • MCP are legally accountable for decisions that cause harm, so must make due with set amount

    • The ACA mandates no caps on medicare coverage

    • Services must fall in a set dollar amount that CMS sets or patients can be turned away for services

    • Capitation was meant to increase preventative care

    Correct Answer(s)
    A. MCP are legally accountable for decisions that cause harm, so must make due with set amount
    A. Capitation was meant to increase preventative care

Quiz Review Timeline (Updated): Mar 21, 2023 +

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  • Current Version
  • Mar 21, 2023
    Quiz Edited by
    ProProfs Editorial Team
  • Sep 26, 2018
    Quiz Created by
    Blue_navy_baby

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