MHA 707 Exam C Questions with Complete Solutions Graded A+
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Course
LSUS MHA 706
Institution
LSUS MHA 706
Moral Hazard - Answer: When the act of insuring an event increases the likelihood that the event will happen
behaving different when you know someone is taking the risk (induced demand)
Adverse Selection - Answer: the situation in which one party to a transaction takes advantage of knowing ...
MHA 707 Exam C
Questions and
Complete Solutions
Graded A+
Denning [Date] [Course title]
, Moral Hazard - Answer: When the act of insuring an event increases the likelihood that the event will
happen
behaving different when you know someone is taking the risk (induced demand)
Adverse Selection - Answer: the situation in which one party to a transaction takes advantage of
knowing more than the other party to the transaction
the sicker people likely want more insurance, compared to those who are healthy
Pooling of Risk - Answer: Allows individuals to share risk, i.e., insurance companies
National Health Expenditure Accounts (NHEA) - Answer: Provides official estimates of health care
spending in the US. It measures health care consumption and health care investment.
NHEA Benefits - Answer: Comprehensive: includes all major components of health care system in
unified, mutually exclusive, and exhaustive structure
Multidimensional: encompasses expenditures as well as payers
Consistent: applies a common set of definitions that permits longitudinal comparisons
Published by DHHS
Accounts in the NHEA - Answer: National Health Expenditures: NHE
Health Consumption Expenditures: HCE
Personal Health Care: PHC
National Health Expenditures: NHE - Answer: all health care consumption and investments in medical
structures and equipment and noncommercial health services and biomedical research
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