Healthcare Economics Practice Exam - 506 Verified Questions

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Healthcare Economics Practice Exam

Course Introduction

Healthcare Economics explores the fundamental principles and analytical tools used to evaluate health care systems, resource allocation, and policy implications. This course examines the unique characteristics of health care markets, the behavior of providers and consumers, and the role of government and insurance in health care. Students will analyze topics such as health care costs, efficiency, equity, and the economic determinants of health outcomes both domestically and globally. Emphasis is placed on applying economic theories to real-world health care issues and evaluating the effectiveness of different health policies and reforms.

Recommended Textbook

The United States Health Care System Combining Business Health and Delivery 2nd Edition by Anne

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14 Chapters

506 Verified Questions

506 Flashcards

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Chapter 1: Health and Healthcare in America: an Introduction

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Sample Questions

Q1) All of the following are categories of health occupations except:

A) service occupations.

B) professional and related occupations.

C) management, business, and financial occupations.

D) labor union officials. .

Answer: D

Q2) The service occupational category of health care occupations would include:

A) medical assistants.

B) registered nurses.

C) medical secretaries.

D) health care managers.

Answer: A

Q3) The medical model includes all of the following except:

A) illness and disease require treatment.

B) focus is diagnosis.

C) focus is on disease prevention.

D) focus is on treatment.

Answer: C

Q4) Many approaches are used to describe health care. List two approaches.

Answer: economic; delivery systems

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Chapter 2: The Business Side of Healthcare

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Sample Questions

Q1) Consumers saving discretionary income, organizations holding off on building new facilities, and a persistent slow economy are indicative of a _______________ scenario.

A) recovery

B) recession

C) prosperity

D) depression

Answer: B

Q2) Hospitals would be inclined to purchase major equipment during the ________________ phase.

A) prosperity

B) recession

C) depression

D) recovery

Answer: A

Q3) The _______________ Act encourages drug companies to produce drugs for rare diseases.

Answer: Orphan Drug

Q4) An environment where there are few sellers is a(n) _______________.

Answer: oligopoly

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Chapter 3: The Payment Process: Insurance and

Third-Party Payers

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35 Verified Questions

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Sample Questions

Q1) Employers must provide health insurance.

A)True

B)False

Answer: False

Q2) In a _______________, the employer acts as the insurance company and pays for its employees' health care costs out of its own pocket.

Answer: self-insured plan

Q3) According to the text, _______________% of Americans under age 65 are uninsured.

Answer: about 17

Q4) All of the following are true except:

A) 22 states insist on mental health parity.

B) all 50 states mandate breast cancer screening.

C) 16 states mandate payment of prenatal care.

D) 44 states require external review of health plan decisions.

Answer: C

Q5) Once a policy is in place the employer is the insured.

A)True

B)False

Answer: False

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Chapter 4: The Payment Process: Government Payment Programs

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Sample Questions

Q1) Financial gain from patient/service referrals is known as _______________.

Q2) Medicare is administered by:

A) CMS.

B) the states.

C) OPM.

D) FEHBP.

Q3) All of the following are true about compliance programs except:

A) all claims submitted for payment must have appropriate documentation.

B) providers should receive regular training to stay current with Medicare and Medicaid regulations.

C) they are mandatory under the Patient Protection and Affordable Care Act.

D) upcoding is encouraged.

Q4) Describe workers' compensation. Include the rationale for its existence from an employer and employee perspective.

Q5) Insurance for military personnel is:

A) Medicare.

B) Medicaid.

C) TRICARE.

D) CHAMPUS.

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Q6) Physician's Medicare payments are paid based on limits set by

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Chapter 5: Healthcare Providers: Physicians and Nurses

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Sample Questions

Q1) Which nursing professional performs many duties similar to a physician?

A) RN

B) CNA

C) LPN

D) NP

Q2) Identify and explain two issues the nursing profession faces.

Q3) According to the 2007 physician characteristics data, approximately:

A) 91% are men and 8% are women.

B) 49% are men and 50% are women.

C) 71% are men and 29% are women.

D) 55% are men and 44% are women.

Q4) The average salary of an RN is:

A) $40,000.

B) $50,000.

C) $60,000.

D) $70,000.

Q5) One of a physician's jobs is to _______________ and treat illnesses.

Q6) _______________ _______________ are physicians who treat a variety of conditions, as opposed to physicians who specialize in a specific type of patient or body system.

Page 8

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Chapter 6: Other Clinical and Non-Clinical Healthcare

Providers

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Sample Questions

Q1) Tests using sound waves may be performed by:

A) EKG technicians.

B) vascular technologists.

C) cardiology technologists.

D) nuclear medicine technologists.

Q2) Ultrasonography uses sound waves to generate an image to assess and diagnose medical conditions. The professionals who performs such tests are called:

A) imaging technologists.

B) nuclear technologists.

C) medical sonographers.

D) phlebotomists.

Q3) Of the following, which position requires an associate's degree to practice?

A) Dentist

B) Dental hygienist

C) Dental assistant

D) Dental lab technician

Q4) Physical therapy assistants must work under the supervision of a physical therapist.

A)True

B)False

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Chapter 7: Offices, Clinics, and Hospitals

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Sample Questions

Q1) Uses of the health information record include all of the following except:

A) data for research activities.

B) information for patient care.

C) data for public health monitoring.

D) data for fixing prices of care delivery with area physicians.

Q2) Buying imaging equipment falls under the responsibility of the _______________ area of the organizational chart.

A) general patient support

B) administrative support

C) nursing support

D) facilities support

Q3) Long-term care is anything greater than:

A) 7 days.

B) 21 days.

C) 30 days.

D) 60 days.

Q4) The office manager is responsible for the practice's business affairs.

A)True

B)False

Q5) Payroll is part of the _______________ business function.

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Chapter 8: Tertiary Care: the Long-Term Care Continuum

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Sample Questions

Q1) ADLs are:

A) assessment of daily living.

B) assessment delivery location.

C) activities of daily living.

D) alternative delivery location.

Q2) What percent of adults age 85 and older require ADL or IADL assistance?

A) 10

B) 40

C) 30

D) 20

Q3) A person who requires assistance with bathing, dressing, and meal preparation must receive long-term care.

A)True

B)False

Q4) DVA is the largest provider of long-term-care services in the nation.

A)True

B)False

Q5) Assisted living facilities utilize the same model of care as hospitals and SNFs. A)True

B)False

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Chapter 9: Mental Health Services: a Combination of Systems

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Sample Questions

Q1) Which disorder is predominantly associated with children?

A) Attention-deficit/hyperactivity disorder

B) Posttraumatic stress disorder

C) Schizophrenia

D) Generalized anxiety disorder

Q2) Hyperventilation and tachycardia often accompany:

A) panic disorder.

B) generalized anxiety disorder.

C) posttraumatic stress disorder.

D) obsessive-compulsive disorder.

Q3) Which of the following is not a category of human resource components in mental health care?

A) Specialty mental health sector

B) Home health sector

C) General medical/primary care sector

D) Human services sector

Q4) The U.S. mental health system is very structured and integrated.

A)True

B)False

Q5) Discuss issues related to children and mental health.

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Chapter 10: The Public Health System: the Governments

Role

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Sample Questions

Q1) Epidemiology is:

A) the study of the history of a disease.

B) determining if there is more or less of a disease than in the past.

C) the continuous search for and documentation of disease.

D) the study of skin diseases and disorders.

Q2) The nation's capital was moved from Philadelphia because of a public health issue.

A)True

B)False

Q3) Which of the following is not true about health?

A) It is a "state of complete physical, mental, and social well-being and not merely the absence of disease and infirmity."

B) Being healthy is more than just not being sick.

C) It is just a state of well-being in our minds.

D) It is a state of well-being in our bodies and our lives.

Q4) Requiring hard hats falls within the public health domain.

A)True

B)False

Q5) List three of the state health department's responsibilities.

Q6) List the functions from the Institute of Medicine's report.

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Chapter 11: Medical Technology, Pharmaceuticals, and Pharmacological Research

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Sample Questions

Q1) Describe the Human Genome Project and identify two positive outcomes and two controversial aspects of the project.

Q2) A CT scan is a:

A) process used to read the implanted microchip of lost felines.

B) computerized axial tomography.

C) compound access tomograph.

D) computerized access tomography.

Q3) The medical technology industry reinvests _________% of sales in research and development.

A) 3

B) 5

C) 11

D) 20

Q4) Medical technology is equally accessible to all Americans.

A)True

B)False

Q5) Once a drug has been approved to market, it can only be recalled by the pharmaceutical company.

A)True

B)False

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Chapter 12: Healthcare Research and Prevention

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Sample Questions

Q1) All of the following are examples of curative research except:

A) correction of a congenital heart abnormality.

B) reducing the symptoms of menopause.

C) removal of a tumor.

D) hysterectomy.

Q2) Prevention describes research designed to:

A) keep a disease from occurring.

B) decrease the symptoms/severity of a disease.

C) eliminate a disease.

D) identify a disease definitively.

Q3) Cigarette smoking is responsible for ____________ deaths per year.

A) 156,000

B) 443,000

C) 610,000

D) 750,000

Q4) Heart disease was the leading cause of death in the U.S. in 2006.

A)True

B)False

Q5) List 3 of the 10 leading causes of death in the United States according to the 2001 CDC data.

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Chapter 13: Cultural Competency, Health Literacy, and Healthcare Ethics

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Sample Questions

Q1) A core value identified by Robin Williams is efficiency.

A)True

B)False

Q2) All of the following are true about codes of ethics except:

A) they are based on ethical principles.

B) health care professionals are held to a higher ethical standard than nonprofessionals.

C) they demand a certain standard of behavior.

D) few professions have them.

Q3) Discuss Kantian theory and its application in health care ethics.

Q4) All of the following are cues suggesting that a patient has low health literacy status except:

A) registration and other forms may be filled out incompletely or incorrectly.

B) patient hands written material to a relative or other person.

C) patient gives excuses when asked to read something.

D) patient completes all forms correctly but has many questions.

Q5) Ethnocentricity can lead to conflicts in health care.

A)True

B)False

Q6) Discuss the elements in a professional code of ethics.

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Chapter 14: International Healthcare

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34 Flashcards

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Sample Questions

Q1) Which of the following does not describe the Canadian health care delivery system?

A) It is described as a mixed system.

B) It is possible to have completely private health care.

C) The vast majority of care is provided through a single payer model.

D) It is described as a market economy model.

Q2) _____% of health care in Canada is funded publicly and delivered privately.

A) 25

B) 75

C) 50

D) 80

Q3) Which of the following does not describe how the market economy model works?

A) Health care is treated like a product.

B) Costs rise very rapidly.

C) There is great disparity in compensation between levels of providers.

D) Costs are usually contained.

Q4) List two forms of traditional medicine practices in India.

Q5) List two countries having a single payer health care system.

Q6) Discuss the elements of the market economy model.

Q7) Canada spends about how much per capita on health care?

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