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Healthcare Flashcards | StudBud

Explore/Healthcare

Healthcare

7 terms·StudBud Administration·43 plays

Microeconomics project

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Questions 7

Answers

1
Who tends to be more insured?
Workers for large firms
People with poor health
Workers with excellent health
Low wage workers
2
Which of the following is NOT an economic implication of rising healthcare costs?
Resources are under-allocated to healthcare
More part-time workers are hired
There are more bankruptcies
Wages grow slower
3
Which of the following has a private healthcare system?
Belgium
US
Japan
Canada
4
Which of the following are factors that decrease supply and increase costs?
Increased cost for medical education
Competitive pricing
High fixed costs of new technology
Supply of physicians growing faster than demand
5
Which of the following factors increases demand for healthcare?
Elastic healthcare
Aging population
Perfect information
Healthy lifestyles
6
Which of the following helps alleviate the moral hazards associated with insurance?
More people becoming insured
Copayments
High deductibles
Medicaid
7
Which of the following is NOT true of the Patient Protection Affordable Care Act?
It forces people who are not covered to get insurance
Purpose was to extend healthcare coverage to all American
It is funded by taxes
Employers can opt out of providing insurance