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HTHRHSC 4370 Exam 1 Correctly Solved Exam 2024/2025 Review |A level Certification $9.99   Add to cart

Exam (elaborations)

HTHRHSC 4370 Exam 1 Correctly Solved Exam 2024/2025 Review |A level Certification

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HTHRHSC 4370 Exam 1 Correctly Solved Exam 2024/2025 Review |A level Certification| GDP (Gross Domestic Product) metric to gauge he health of a countries economy dollar value GDP = total ________ ________ of all goods and services produced over a specific time period Experience rating is mo...

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  • October 8, 2024
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  • 2024/2025
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HTHRHSC 4370 Exam 1 Correctly Solved
Exam 2024/2025 Review |A level
Certification|
GDP (Gross Domestic Product) metric to gauge he health of a countries economy



dollar value GDP = total ________ ________ of all goods and services produced over a

specific time period



Experience rating is most beneficial for which group of individuals?

Those who are at low health risk



What makes it difficult for insurers to offer community ratings?

Strong market competition



Which legislation limited insurers' ability to use experience ratings to set premiums?

ACA



Who is required to purchase private insurance through federal or state exchanges under the

ACA?

Individuals without government or private health insurance



What major issue arose from high administrative costs in individual health insurance plans?
1

, High costs for individuals



When did employment-based private insurance grow in popularity?

During wage and price controls, when wage increases were limited



Which two groups received little benefit from the expansion of private insurance?

The poor and elderly



Medicare Part A primarily covers what type of services?

Hospital services



How is Medicare Part B funded?

Federal taxes and monthly premiums



What does Medicare Part D provide coverage for?

Prescription drugs



What are Medicaid services financed by?

Federal and state taxes



What is the purpose of Medicare Part C?

Medicare Advantage, offering supplemental coverage


2

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