LSUS MHA 710 EXAM 2 HEALTHCARE ECONOMICS ACTUAL

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LSUS MHA 710 EXAM 2 HEALTHCARE ECONOMICS ACTUAL

EXAM LATEST - BEST 2 VERSIONS QUESTIONS AND

CORRECT ANSWERS ALREADY GRADED A+

VERSION A

Suppose you must rely exclusively on cost-effectiveness analysis (CEA) to determine whether a category of people receives an expensive, potentially life-saving, intervention. Which of the following considerations must you keep in mind when making your decision?

• CEA studies are subjective and rely on the judgment of clinicians and researchers
• CEA studies take a long time to conduct and are expensive to evaluate
• CEA determines the efficient threshold above which treatments are unnecessarily expensive
• CEA ignores the possibility that certain unidentified individuals in a group may have a greater

than normal positive response to the treatment

• CEA studies are considered the gold standard as far as evaluation studies are concerned -

ANSWER-D. CEA ignores the possibility that certain unidentified individuals in a group may have a greater than normal positive response to the treatment

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 leaving 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 hte remaining six in perfect health. What is the utility of one year in a chronic health state relative to perfect health?

A. 0.6 1 / 4

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• 40
• 4
• 6

E. 0.4 - ANSWER-A. 0.6

The concept of quality-adjusted life year (QALY):

• Is used extensively in the United States to evaluate health care programs
• Has little application to medical decision making
• Is a multidisciplinary approach to measuring health status
• Is used extensively to evaluate medical care resource allocation within government-run

programs on fixed budgets, especially in Europe

• Is given an arbitrary value when applied to a real world problem - ANSWER-D. Is used

extensively to evaluate medical care resource allocation within government-run programs on fixed budgets, especially in Europe

The accompanying diagram depicts the relationship between health status and medical care spending for a particular country. Which of the following statements is true?

• At the current spending level of S1 on TP1, this society can get a greater improvement in

health status by increasing spending to S2 than by shifting TP to TP2. 2 / 4

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• S1 levels of spending may be described as spending on the flat-of-the-curve.
• Social pressures will move the health care system to spend S2.
• All statements are true.
• All statements are false. - ANSWER-C. Social pressures will move the health care system to

spend S2.

There are substantial differences in medical care use by demographic characteristics such as age, sex, and marital status. Which of the following statements is true?

• Infant girls are healthier than infant boys are and consume fewer medical resources
• Average hospital stays are longer for women than men
• Single individuals regardless of age are hospitalized less than married people are
• People aged 80 or more spend about the same amount on medical care as 60 year olds do
• Adult women spend more money on medical care than men do - ANSWER-E. Adult women

spend more money on medical care than men do

Which of the following would likely lead to the greatest improvement in the health status of the population in the United States?

• More spending on public health
• Higher per capita incomes 3 / 4

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• More rural hospitals
• Improved lifestyles changes
• More medical care spending overall - ANSWER-D. Improved lifestyles changes

The primary tasks required to conduct a successful cost effectiveness study are all of the

following except:

• Identifying the overall cost of a health condition on society
• Establishing the relevant alternative(s) for comparison
• Ranking the alternatives in terms of overall costs
• Identifying and measuring all relevant costs
• Adequately measuring the effectiveness of the procedures evaluated - ANSWER-A.

Identifying the overall cost of a health condition on society

Under which of the following circumstances is the principal-agent relationship likely to be most problematic?

• Between physicians and lawyers
• Between general practitioners and patients
• Between hospitals and nurses
• Between dentists and physicians
• Between surgeons and patients - ANSWER-E. Between surgeons and patients
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