ACHS WEEK 2.1 FINANCING EXAM NEWEST 2024 ACTUAL EXAM TEST BANK COMPLETE QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) ALREADY GRADED A+
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ACHS FINANCING
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ACHS FINANCING
ACHS WEEK 2.1 FINANCING EXAM NEWEST 2024 ACTUAL EXAM TEST BANK COMPLETE QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) ALREADY GRADED A+
What do states provide part funds for? - Answer-public health activities.
What is the medicare levy? - Answer-2% (was 1.5%) and surcharge of 1.5% ...
ACHS WEEK 2.1 FINANCING EXAM NEWEST
2024 ACTUAL EXAM TEST BANK COMPLETE
QUESTIONS AND CORRECT DETAILED
ANSWERS (VERIFIED ANSWERS) ALREADY
GRADED A+
What do states provide part funds for? - Answer-public health activities.
What is the medicare levy? - Answer-2% (was 1.5%) and surcharge of 1.5% for high
income earners without PHI hospital cover.
What percentage does the medicare levy make up of the total health budget? - Answer-
20%
What are the international health expenditures (prop of GDP) for
-UK
-Japan
-Canada
-NZ
-US - Answer--UK 8.8%
-Japan 10.2%
-Canada 10.7%
-NZ 11%
-US 17.1%
What was the international health expenditure as proportion of GDP for Australia? -
Answer-9.4%
What are the benefits of PHI? - Answer-Can be treated as a private patient in private or
pblic hospitals (gives more choice of doctors and can decrease wait times for surgery)
and also provides a range of non hospital extras.
Why is PHI affordable? - Answer-uses a community rating profile (not individual)
What is lifetime health cover penalisation? - Answer-If you take up lifetime insurance
after age 30 you get a 2% loading on top of your premium for every year you waited
(capped at 70%)
Does PHI cover medicines? - Answer-Yes! You do need to pay a copayment and there
is a limit ot how much you can claim
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