Healthcare Economics
Test Bank
Course Introduction
Healthcare Economics explores the application of economic principles and analysis to the healthcare sector, examining how resources are allocated, the behaviors of key stakeholders (patients, providers, insurers), and the impact of public policies on health outcomes and system efficiency. The course covers topics such as healthcare markets, demand and supply of healthcare services, insurance models, cost-effectiveness analysis, regulatory challenges, and global health economics, providing students with a comprehensive understanding of how economic tools can inform and improve decision-making in healthcare systems.
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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Page 2
Chapter
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37 Verified Questions
37 Flashcards
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Sample Questions
Q1) Study of the nature, cause, control, and determinants of the frequency of disease, death, and disability in the human population is ______________________.
Answer: epidemiology
Q2) The professional and related occupational category of health care occupations would include:
A) medical secretaries.
B) registered nurses.
C) medical assistants.
D) health care managers.
Answer: B
Q3) Sustainable competitive advantage is described by all of the following except:
A) varies from business to business.
B) depends on the objectives the firm is trying to achieve.
C) helps a business maintain its position in the marketplace.
D) allows the market to drive costs up.
Answer: D
Q4) Focus on prevention of disease and the maintenance of well-being describes the ________________ model.
Answer: wellness
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Chapter 2: The Business Side of Healthcare
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37 Verified Questions
37 Flashcards
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Sample Questions
Q1) Information technology:
A) creates the product or service.
B) tracks the flow of money in and out of a business.
C) includes the product, price, promotion, and distribution to the customer.
D) uses technology to manage information.
Answer: D
Q2) Production:
A) uses technology to manage information.
B) tracks the flow of money in and out of a business.
C) includes the product, price, promotion, and distribution to the customer.
D) creates the product or service.
Answer: D
Q3) One of the objectives of health care laws is to _______________.
Answer: ensure fair competition; protect the public
Q4) Monopoly creation, price fixing, and price discrimination are prohibited by: A) Medicare.
B) antitrust laws.
C) Medicaid.
D) TJC.
Answer: B
Page 4
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Chapter 3: The Payment Process: Insurance and Third-Party Payers
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35 Verified Questions
35 Flashcards
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Sample Questions
Q1) A deductible is the:
A) portion of services paid by the patient.
B) amount paid by the patient before the third-party payer begins to pay.
C) fee paid by employers and employees to the insurance company.
D) negotiated payment for services between the payer and the provider.
Answer: B
Q2) Employers pay the entire insurance premium for their employees in most instances.
A)True
B)False
Answer: False
Q3) Define the term third-party payer and describe the role of the insurance company as the third party in the patient-provider relationship.
Answer: Responses will vary but should include that the patient contracts with the insurance company to pay the provider for services rendered to the patient.
Q4) 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
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Chapter 4: The Payment Process: Government Payment Programs
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36 Flashcards
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Sample Questions
Q1) All of the following are eligible for SCHIP except:
A) a 2-year-old child.
B) an 18-year-old person.
C) a 19-year-old person.
D) an unborn child.
Q2) List two groups eligible for the FEHBP.
Q3) A physician office visit for a 9-year-old whose mother makes minimum wage and can't afford to pay her portion of her employer's health insurance plan may be covered by:
A) Medicare Part B.
B) SCHIP.
C) Medicaid.
D) Medicare Part A.
Q4) The disease that makes a person eligible for Medicare without being over 65 years old is ________________.
Q5) Workers' compensation is financed by:
A) employer and employee payments.
B) employer payments only.
C) employee and government payments.
D) employer and government payments.
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Chapter 5: Healthcare Providers: Physicians and Nurses
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37 Verified Questions
37 Flashcards
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Sample Questions
Q1) The function in the previous question is achieved through the collection of _______________ data and performing a _______________ exam.
Q2) Emergency medicine physicians specialize in the diagnosis and treatment of:
A) diseases and disorders of the stomach and intestine.
B) changes in organs, tissues, and cells. C) acute illness or injury.
D) diseases and disorders of the mind.
Q3) Given the advent of telemedicine and the increasing use of the Internet by patients, identify and describe at least two ramifications of a physician licensed in one state prescribing medicine to a patient in a nonreciprocity agreement state.
Q4) A physician's post-formal education, paid training is called
Q5) The median net income for physicians per year in primary care is:
A) $50,000.
B) $100,000.
C) $150,000.
D) $186,000.
Q6) One of a physician's jobs is to _______________ and treat illnesses.
Q7) Identify and explain two issues the nursing profession faces.
Page 7
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Chapter 6: Other Clinical and Non-Clinical Healthcare
Providers
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Sample Questions
Q1) All of the following may be areas of practice for the professional in information technology except:
A) coding of services.
B) risk management.
C) data analysis.
D) website management.
Q2) The practice of a chiropractor is focused on:
A) the spine.
B) the foot.
C) the eyes.
D) the teeth.
Q3) Nuclear medicine uses _______________ _______________ to diagnose and treat disease.
Q4) Which pharmacy professional typically counts tablets and labels bottles?
A) Pharmacy technician
B) Pharmacy aide
C) Pharmacist
D) Pharmacy technologist
Q5) List the four EMT service levels.
Q6) _______________ _______________ prepare tissue samples for pathologists. Page 8
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Page 9
Chapter 7: Offices, Clinics, and Hospitals
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34 Verified Questions
34 Flashcards
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Sample Questions
Q1) John breaks his hip and must be hospitalized for hip repair surgery. This is an example of:
A) primary care.
B) acute care.
C) secondary care.
D) tertiary care.
Q2) Identify the three legal business structures that can exist in a professional practice. Address the factors that make them unique.
Q3) The traditional medical practice structure is:
A) corporation.
B) independent.
C) solo practice.
D) partnership.
Q4) A typical hospital is organized in three main parts:
A) governing board, medical staff, and management staff.
B) governing board, nursing staff, and management staff.
C) nursing staff, medical staff, and ancillary staff.
D) governing board, medical staff, stock holders.
Q5) Payroll is part of the _______________ business function.
Q6) List two of the functions on the business side of a professional practice.
Page 10
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Chapter 8: Tertiary Care: the Long-Term Care Continuum
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Sample Questions
Q1) The average age of all assisted living residents is:
A) greater than 70 but less than 80 years old.
B) greater than 100 years old.
C) greater than 60 but less than 70 years old.
D) greater than 80 but less than 100 years old.
Q2) All of the following are IADL except:
A) managing money.
B) grocery shopping.
C) bathing.
D) housekeeping.
Q3) Unpaid long-term-care providers are primarily:
A) women.
B) men.
C) local hospital employees.
D) sons.
Q4) Adult day care provides socialization and treatment.
A)True
B)False
Q5) The typical home health client is a _______________ _______________.
Q6) Differentiate between an ADL and IADL.
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Chapter 9: Mental Health Services: a Combination of Systems
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37 Verified Questions
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Sample Questions
Q1) The movie One Flew over the Cuckoo's Nest was a dramatic portrayal of the state's response to this legislation.
Q2) The discovery in the late 20th century that there was a biochemical basis for some of the major categories of mental illness led to all of the following changes except:
A) from residential care to outpatient talk therapy.
B) from physical or somatic treatments to treatments relying on drug therapy.
C) from treatments relying on drug therapy to somatic and physical treatments.
D) from the institutional model of care to a general delivery and business model.
Q3) Which of the following is not true about the human services sector?
A) They are the major sector that assesses, diagnoses, and treats childhood mental illness and cognitive disorders.
B) Self-help groups play a major role for this group.
C) Social services and school-based counseling belong to this sector.
D) Religious counselors belong to this sector.
Q4) Mental illness has not posed a significant burden in the United States.
A)True
B)False
Q5) List three of the identified mental health care settings.
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Chapter 10: The Public Health System: the Governments
Role
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37 Verified Questions
37 Flashcards
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Sample Questions
Q1) Public health has a curative focus.
A)True
B)False
Q2) Morbidity is:
A) the number of new cases of a disease or event .
B) the number of cases of a specific disease in a specific period of time per unit of population.
C) the number of people who have died from a given disease or event.
D) total number of infected/affected people (cases) over a given period of time.
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) Monitoring 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 study of skin diseases and disorders.
D) the continuous search for and documentation of disease.
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Chapter 11: Medical Technology, Pharmaceuticals, and Pharmacological Research
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Sample Questions
Q1) In _______________ thousands of people participate in new drug testing.
Q2) All of the following are true about an IND except:
A) it is submitted to begin clinical tests on human subjects.
B) it is first approved by an Institutional Review Board.
C) IND stands for investigational new drug application.
D) if it is approved, phase I testing begins.
Q3) Medications that consumers can buy for themselves without a prescription are:
A) generic drugs.
B) over-the-counter drugs.
C) investigational drugs.
D) disease-specific drugs.
Q4) In 2007 the United States spent _______________ on prescription drugs.
A) more than $110 billion but less than $140 billion
B) more than $140 billion but less than $170 billion
C) more than $200 billion but less than $250 billion
D) more than $170 billion but less than $200 billion
Q5) New technology can evolve through clinical trials.
A)True
B)False
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Chapter 12: Healthcare Research and Prevention
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36 Flashcards
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Sample Questions
Q1) Which of the following is not true about worksite-based programs for health promotion and disease prevention?
A) In one survey, 72% of employers provided education in lifestyle behaviors.
B) Plans to help employees quit smoking cost $0.89 to $4.92 per smoker compared to treating smoking-related illness at $6 to $33 per smoker.
C) For every $1 spent on wellness programs the employer saves $10 in health insurance costs.
D) In some programs employees receive monetary incentives to complete health assessments or participate in weight management or tobacco cessation programs.
Q2) Which of the following is not true about NIH research grants?
A) The NIH receives 3,000 grant applications quarterly.
B) The smallest grants are $50,000.
C) The largest grants may be millions of dollars.
D) The standard grant is for 5 years.
Q3) The government, pharmaceutical companies, and medical equipment companies finance health care research.
A)True
B)False
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Page 15
Chapter 13: Cultural Competency, Health Literacy, and Healthcare Ethics
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37 Verified Questions
37 Flashcards
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Sample Questions
Q1) In Rights theory, health care is described as a:
A) basic human and citizen right.
B) resource to be allocated where it will do the most good.
C) right for only the few.
D) resource for only the most disadvantaged.
Q2) John Rawls is one of the most influential philosophers in the field of health care.
A)True
B)False
Q3) List 2 tips for talking to patients of different cultures and languages.
Q4) Kantian theory:
A) tells people they ought to treat others as they want to be treated themselves.
B) views health care as a basic right.
C) implies that health care resources should be allocated where they will do the most good.
D) states that each person is to have an equal right to basic liberties.
Q5) In ____________ theory, health care is viewed as a basic human and citizen right.
Q6) List 4 aspects of culture that impact health care.
Page 16
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Chapter 14: International Healthcare
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34 Verified Questions
34 Flashcards
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Sample Questions
Q1) Which of the following is not considered a health indicator?
A) Life expectancy
B) Income
C) Spending on health care
D) Infant and maternal mortality
Q2) List two countries having a single payer health care system.
Q3) The first hospital in Mexico was founded in ________.
A) 1610.
B) 1791.
C) 1854.
D) 1901.
Q4) The early French settlers founded Catholic hospitals in the:
A) 1600s.
B) 1700s.
C) 1800s.
D) 1900s.
Q5) List two forms of traditional medicine practices in India.
Q6) Describe the health care system of Canada.
Q7) About what percentage of Mexicans are uninsured?
Q8) Canada spends about how much per capita on health care?
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