How Much Do You Know About Health Economics? Trivia Quiz

40 Questions | Total Attempts: 1828

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How Much Do You Know About Health Economics? Trivia Quiz

How much do you know about health economics? A proper healthcare system ensures that the scarce resources in the system are efficiently used. A proper understanding of health economics can be helpful in many ways as one is able to know which needs to take care of first and how to compare costs and consequences of specific options. Do take the quiz and get to test yourself. All the best!


Questions and Answers
  • 1. 
    "Worker salaries" are an example of:
    • A. 

      Variable cost

    • B. 

      Fixed cost

    • C. 

      Cost

    • D. 

      Friction cost

    • E. 

      Marginal cost

  • 2. 
    • A. 

      Marginal cost:Value of production lost due to time needed to find a replacement worker

    • B. 

      Opportunity cost: Cost of not doing something

    • C. 

      Quality assessment: The measurement of the actual quality of health care rendered

    • D. 

      Microeconomics: The entire country's health care system including the way that it performs

    • E. 

      Two of the above

  • 3. 
    All of these are TRUE about "Fee for service" method of paying for health care providers EXCEPT:
    • A. 

      Professionals receive a fee for each service they provide

    • B. 

      The service for which payment is made can be separated services

    • C. 

      Based on charges that are set either by professionals or the patient

    • D. 

      It's similar to "Charge-based payments method for paying hospitals"

    • E. 

      Non of the above

  • 4. 
    "Capitation" Means:
    • A. 

      Amount established to cover the cost of heath care services delivered to a person for a specific time

    • B. 

      A fixed payment (usually monthly or yearly)

    • C. 

      A prospective cost reimbursement classification system for in-patient services based on diagnosis

    • D. 

      The amount of money that flows from payers to an insurance plan

    • E. 

      How individuals choose , minimize costs or maximize profits or wealth or utilities

  • 5. 
    The TRUE statements regarding "Salary" paying method are:
    • A. 

      Does not vary with number of people or number of patients treated

    • B. 

      Does not vary with number of services provided

    • C. 

      Usually used for physicians working in government agencies

    • D. 

      Usually paid monthly or yearly

    • E. 

      All of the above

  • 6. 
    All of these are methods for paying for hospitals EXCEPT:
    • A. 

      Charge-based payments

    • B. 

      Per-diem payments

    • C. 

      Per-case payments

    • D. 

      Budget payments

    • E. 

      Managed Care

  • 7. 
    The method relatively common in Europe for paying hospitals is:
    • A. 

      Salary

    • B. 

      Per-diem

    • C. 

      Per-case

    • D. 

      Capitation

    • E. 

      Charge-based

  • 8. 
    One of these statements is NOT TRUE:
    • A. 

      Want is often thought of as a physiological or biological requirement for maintaining life such as need of air

    • B. 

      Demand is the ability and desire to pay for goods and services

    • C. 

      Need can be defined as the gap between optimal health and ill health or equivalently

    • D. 

      Consumer is a person who uses a service

    • E. 

      Cost containment means to keep costs within acceptable limits

  • 9. 
    Maslow's hierarchy of needs includes:
    • A. 

      Esteem

    • B. 

      Morality

    • C. 

      Physiological

    • D. 

      A+C

    • E. 

      All of the above

  • 10. 
    Factors that distinguish health economics from other areas include all of these EXCEPT:
    • A. 

      Barriers to entry

    • B. 

      Externalities

    • C. 

      Asymmetric information

    • D. 

      Uncertainty

    • E. 

      None of the above

  • 11. 
    "A state of having limited knowledge where it is impossible to exactly describe the existing state , a future outcome" best describes :
    • A. 

      Asymmetric information

    • B. 

      Utilization

    • C. 

      Uncertainty

    • D. 

      Financial security

    • E. 

      Personal security

  • 12. 
    Determinants of services utilization include:
    • A. 

      Extent of illness

    • B. 

      Awareness

    • C. 

      Distance

    • D. 

      Organizational factors

    • E. 

      All of the above

  • 13. 
    High utilization rate suggests a:
    • A. 

      Low level of morbidity

    • B. 

      High standard of population health

    • C. 

      Low level of service supply

    • D. 

      High level of morbidity

    • E. 

      Inaccessible health care services

  • 14. 
    All of these are true about " Economic evaluation" EXCEPT:
    • A. 

      Measuring value of alternative course of action

    • B. 

      Choosing the cheapest

    • C. 

      Same as Opportunity cost

    • D. 

      Comparative analysis of alternative courses of action in terms of both their costs and consequences

    • E. 

      Applied to compare the cost and consequences of two or more alternative programs

  • 15. 
    The components of high quality care include all of these EXCEPT:
    • A. 

      Adequacy

    • B. 

      Efficiency

    • C. 

      Effectiveness

    • D. 

      Scientific -technical quality

    • E. 

      Equity

  • 16. 
    One of these is NOT a type of economic evaluation:
    • A. 

      CDA

    • B. 

      CMA

    • C. 

      CEA

    • D. 

      CBA

    • E. 

      CUA

  • 17. 
    An immunization program for poliomyelitis will cost 5,000,000 $ Dollars , and it is estimated that it will prevent  500,000 cases . The CEA ratio for this program is:
    • A. 

      10

    • B. 

      15

    • C. 

      20

    • D. 

      1/10

    • E. 

      None of the above

  • 18. 
    All of those are TRUE regarding types of economics evaluation EXCEPT:
    • A. 

      Cost minimization is a tool used in pharmacoeconomics

    • B. 

      One of CBA purposes is to provide a basis for comparing actions

    • C. 

      CUA measures outcomes in QALYs and DALYs

    • D. 

      CBA needs more time than CUA and CEA

    • E. 

      CMA is used to compare costs of alternative therapies that have identical clinical effectiveness

  • 19. 
    CBA is a helpful tool for what purpose:
    • A. 

      Deciding whether to implement a specific program

    • B. 

      Choosing among competing options

    • C. 

      Choosing and setting priorities from a group of portential programs

    • D. 

      Knowing the costs and benefits

    • E. 

      All of the above

  • 20. 
    The WHO identified two broad areas of social determinants of health , the first was daily living conditions , the second was:
    • A. 

      Health inequalities

    • B. 

      Distribution of money,power ,resources

    • C. 

      Leading causes of death

    • D. 

      Non of the above

  • 21. 
    "Disparities in Health ( or health care) that are systemic and avoidable" this is known as:
    • A. 

      Health inequaties

    • B. 

      Health disparities

    • C. 

      Health equity

    • D. 

      Health determinants

  • 22. 
    All of these are TRUE about international health disparities EXCEPT:
    • A. 

      Even in the poorest countries there are disparities between poort and rich in health

    • B. 

      Always there is no disparities in the context of the health care system

    • C. 

      Access to health care is essential for equitable health

    • D. 

      There is substantial variation in the health care system and coverage from country to country

  • 23. 
    The materialist/structuralist mechanisms which explain how social determinants influence health include all the following EXCEPT: 
    • A. 

      Availability of resources to access the facilities of life

    • B. 

      Working conditions

    • C. 

      Tobacco and alcohol use

    • D. 

      Quality of available food and house among others

  • 24. 
    All of these are examples of how age affecting the access to health care EXCEPT:
    • A. 

      Elderly people with Co-morbidity this will cause a financial burden on their income

    • B. 

      Elderly people may have the opportunity to access information about their health and how to protect it

    • C. 

      They face other barriers such as impaired mobility

    • D. 

      Non of the above

  • 25. 
    Income inequality is associated with the following outcomes in low income people EXCEPT:
    • A. 

      Homicide

    • B. 

      Unemployment

    • C. 

      A lot of reaction

    • D. 

      High crime rates