Healthcare Economics Quiz: Test!
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- 1.
What is true of social security?
- A.
For Low income families
- B.
Benefits 65+
- C.
Pay as you go system and pooled
- D.
Provides Gifts food and shelter
- E.
Calculated by salary in 35 years of working
- F.
Helps those who were in the agriculture business
Correct Answer(s)
B. Benefits 65+
C. Pay as you go system and pooled
E. Calculated by salary in 35 years of workingExplanation
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.Rate this question:
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- 2.
ACA's major impact on the health of older adults.
- A.
Expanded the donut hole
- B.
Lowered the age for Social Security
- C.
Expanded Access to preventative care
- D.
Made it possible for all people under 28 to be eligible for Medigap
Correct Answer
C. Expanded Access to preventative careExplanation
It tightened the donut hole, had no effect on social security age, and i completely made up the last answer.Rate this question:
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- 3.
How long is the enrollment period for Medicare?
- A.
6 months after turning 65
- B.
6 months before turning 65
- C.
3 months before turning 65, 3 months after turning 65
- D.
3 months after turning 65
Correct Answer
C. 3 months before turning 65, 3 months after turning 65Explanation
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.Rate this question:
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- 4.
What is true of capitation on medicare coverage?
- A.
MCP are legally accountable for decisions that cause harm, so must make due with set amount
- B.
The ACA mandates no caps on medicare coverage
- C.
Services must fall in a set dollar amount that CMS sets or patients can be turned away for services
- D.
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
D. Capitation was meant to increase preventative care -
- 5.
What is not true regarding Medicaid?
- A.
Can have both medicaid and medicare
- B.
Must be poverty level (29700$ for family of 4)
- C.
Must be 3 years in the US
- D.
Must have US citizenship
Correct Answer
C. Must be 3 years in the USExplanation
Must be 5 years in the US.Rate this question:
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- 6.
What is true for veterans' health benefits?
- A.
Must be service connected for payment
- B.
Less than 80,000 a year including home and vehicles
- C.
War time veteran with at least 1 day during wartime
- D.
Must have a conservator over finances
Correct Answer(s)
A. Must be service connected for payment
C. War time veteran with at least 1 day during wartimeExplanation
Less than 80,000 a year EXCLUDING home and vehicles A conservator makes no difference.Rate this question:
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- 7.
What is health equity?
- A.
Care, control, custody of personal and financial affairs
- B.
Met when no one is disadvantaged
- C.
Explains the differences between health outcomes of different groups of people
- D.
Means that minorities are less likely to be screened
Correct Answer
B. Met when no one is disadvantagedExplanation
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.Rate this question:
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- 8.
No coverage for acute care under Medicare part A after ___________
Correct Answer
90 daysExplanation
1156$ for first 60 days 298$/day for 60-90 days No coverage after 90 days.Rate this question:
- 9.
What is true of Medicare part D?
- A.
Premium rates are the same for each company
- B.
There is no coverage for drug costs between 2931-4699$
- C.
During donut hole period, ANA discount 14% brand name drugs and 50% generic drugs
- D.
There is no deductable
Correct Answer
B. There is no coverage for drug costs between 2931-4699$Explanation
Premium rates VARY for every company During the donut hole period, ANA discount 50% for Brand names, and 14% generic The deductible is 320$.Rate this question:
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- 10.
A person's capacity and a person's competence are two different things.
- A.
True
- B.
False
Correct Answer
B. FalseExplanation
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.Rate this question:
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Current Version
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Mar 21, 2023Quiz Edited by
ProProfs Editorial Team -
Sep 26, 2018Quiz Created by
Blue_navy_baby
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