LSUS MHA 710 Exam Study Guide with Verified Solutions
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Course
MHA 707
Institution
MHA 707
LSUS MHA 710 Exam Study Guide with
Verified Solutions
The accompanying diagram depicts the relationship between health status and medical
care spending for a particular country. Assume the current spending level is S1 on TP1.
All of the statements below are true? - Answer️️ -s1 levels of sp...
The intangible costs associated with reduced quality of life include: - Answer✔️✔️-pain
and suffering
Suppose you must rely exclusively on cost-effectiveness analysis (CEA) to determine
whether a category of people receives an expensive, potentially lifesaving, intervention.
Which of the following considerations must you keep in mind when making your
decision? - Answer✔️✔️-CEA ignores the possibility that certain unidentified individuals in
a group may have a greater than normal positive response to the treatment.
Under which of the following circumstances is the principal-agent relationship likely to
be most problematic? - Answer✔️✔️-Between surgeons and patients.
Researchers use cost-of-illness studies for all of the following except to: - Answer✔️✔️-
compare the relative efficiency of treating various conditions.
When area income increases by 20 percent, what occurs? - Answer✔️✔️-quantity
demanded rises by 10.0 percent.
The standard cut-off for cost per quality-adjusted life year (QALY) used by most
governmental decision makers is set in terms of multiple of national per capita income.
The value of the threshold is usually what percent of national per capita income? -
Answer✔️✔️-100
Suppose your assignment is to use the standard time trade-off approach to measure
quality of life . You are given the following information: An individual is faced with living
the remaining 10 years of their life suffering from severe osteoporosis. The individual
reveals that they would be willing to give up four of those years to live the remaining six
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