LSUS MHA 710 Economics Exam 2 Questions With Correct Answers.
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Course
LSUS MHA 710
Institution
LSUS MHA 710
LSUS MHA 710 Economics Exam 2
Questions With Correct Answers.
Which of the following is the result of providers having more information about treatment
alternatives than their patients do? - answerPrincipal-agent problem.
The number one cause of death in the United States was ______ in the 1980...
All of the following statements are true regarding social insurance, except: - answer✔It is usually
experience-rated, with premiums based on ability to pay.
The goal of health insurance is to: - answer✔Collect sufficient premiums to cover all possible
losses.
The nature of health care delivery will be different in the future due to: - answer✔A rising
percentage of eldering in the total population.
A physician's ability to induce demand is greatly enhanced when: - answer✔Patients have
difficulty gathering & processing information.
People buy insurance: - answer✔Because they are risk-averse.
Infant mortality rate is associated with low birth weight. By what percent would the U.S. infant
mortality rate fall, if the United States had the same birth weight distribution as Sweden? -
answer✔34
A major factor contributing to the growth in employee-based health insurance in the United
States has been: - answer✔The tax-free treatment of health insurance as an employee benefit.
Which of the following is least responsible for the reduction in mortality rates in Europe & North
America? - answer✔More effective medical interventions.
Insurance works best in situations where: - answer✔There is a low probability of a large loss.
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