Question 1

Choose the best statement about Medicaid and Medicare coverage:

Accepted Answer

Medicare covers older adults; Medicaid covers people with low incomes.

Question 2

Which of the following does not correctly describe the role the government plays in health care in the US?

Accepted Answer

Provides coverage for health care expenses to all citizens through national health insurance

Question 3

Managed care plans:

Accepted Answer

Combine health insurance and health care services

Question 4

Most people in the US get health insurance through:

Accepted Answer

An employer

Question 5

All of the following statements about health care and its role in the economy are true EXCEPT:

Accepted Answer

Health care is the tenth largest sector of the US economy.

Question 6

Which of the following is NOT true about the United Kingdom's National Health Service (NHS)?

Accepted Answer

It is free.

Question 7

What group determines whether someone is eligible for Medicare and processes their premium payments?

Accepted Answer

The Social Security Administration

Question 8

Of the following types of plans, costs for the patient are lowest, but choice of providers is most restricted, in a:

Accepted Answer

Health maintenance organization

Question 9

All of the following are privately funded EXCEPT:

Accepted Answer

The Children's Health Insurance Program

Question 10

The Canadian health care system:

Accepted Answer

Limits the use of private insurance for the services it provides

Healthcare Finance Quiz 4

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