MHA 710 Exam 3 LSUS Questions With Correct Answers.
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Course
LSUS MHA 710
Institution
LSUS MHA 710
MHA 710 Exam 3 LSUS Questions With
Correct Answers.
Government regulators sometimes set the price of a drug at its marginal cost of production
without including a fair share of the global joint cost of research and development. Which of the
following statements is true about this practice? - an...
Finkelstein and McKnight (2008) provide an empirical estimate of the benefits to seniors of the
1965 introduction of Medicare. Which of the following statements is true concerning the results
of this study? - answer✔The real impact of the introduction of Medicare was on the reduction in
out-of-pocket health care spending for households faced with catastrophic events (those in the
top 25 percent of spenders).
Which of the following services is covered under Part B of Medicare? - answer✔Emergency
room services
Medicare and Medicaid were enacted by the Johnson administration in 1965 as amendments to
which federal law already in existence? - answer✔Social Security Act
Medical care spending escalates as an individual reaches old age. Which of the following
statements is true regarding medical care spending and the elderly? - answer✔Chronic illnesses
increase as we age as do the multiplicity of services available to treat those illnesses.
How much did pharmaceutical companies spend on direct-to-consumer advertising in 2019? -
answer✔$6.1 billion
Danzon and Furukawa (2003) argue that: - answer✔pharmaceutical price differences across
countries are roughly in line with differences in per capita gross domestic product, supporting the
predictions of Ramsey pricing practices.
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