Chapter 21 – Health Care
90. The Patient Protection and Affordable Care Act (PPACA) includes the following
elements, except:
91. The Patient Protection and Affordable Care Act (PPACA) attempts to provide health-
insurance coverage to low-income people through the following, except:
Chapter 21 – Health Care
92. The Patient Protection and Affordable Care Act (PPACA) includes the establishment of
“insurance exchanges” in each state, the purpose of which is to:
93. In order to help pay for the costs of extending health insurance to previously uninsured
people, the PPACA imposes new taxes including the following, except:
Chapter 21 – Health Care
94. Major criticisms against the Patient Protection and Affordable Care Act (PPACA) include
the following arguments, except:
95. Singapore’s health care system is identified by critics of the PPACA as one good
alternative system to study and emulate. Singapore has the following characteristics, except:
Chapter 21 – Health Care
96. Singapore’s health care system is identified by critics of the PPACA as one good
alternative system to study and emulate. Singapore has the following characteristics, except:
97. Singapore’s health care system includes the following major elements, except:
98. The experiences of Singapore, Whole Foods Markets, and the State of Indiana all point to
one major factor that could reduce, if not eliminate, overconsumption of health care. And that
is:
Chapter 21 – Health Care
99. The health care industry includes the manufacture and sale of low-fat food.
100. Most industrialized countries emphasize private health insurance paid by employers, to
provide coverage for most workers in each nation.
101. Employers in the U.S. started offering health insurance as a fringe benefit to their
employees during World War II as a way of getting around the wage controls that were in
effect then.
102. The prominence of employer-provided health insurance in the U.S. is one major cause of
the overconsumption and rapidly rising costs of health care in the country.
Chapter 21 – Health Care
103. The twin problems of health care in the U.S. are the rapidly rising cost of health care and
limited access to health insurance coverage.
104. The recently enacted health-care reform package (or the Patient Protection and
Affordable Care Act) focuses solely on controlling health care costs.
105. Medicare is the nationwide Federal health care program available to Social Security
beneficiaries and the disabled.
106. Health care expenditures as a percentage of GDP are lower in the United States than in
Chapter 21 – Health Care
107. In recent decades, health care expenditures in the U.S. have been rising in absolute
terms, but falling as a percentage of GDP.
108. Rising health care costs have contributed to slower growth in real wages of workers.
109. The increasing use of part-time and temporary workers can partly be blamed on the
rising health care costs to employers.
110. Some low-income workers are not covered by Medicaid because of the income that they
are earning from their jobs.
Chapter 21 – Health Care
111. U.S. hospitals provide a significant amount of uncompensated or “free” health care every
year to the uninsured poor who are rushed in for emergency or critical care.
112. The fee-for-service arrangement for paying doctors is one way to reduce health care
costs.
113. “Defensive medicine” means the same thing as “preventive medicine”.
114. The asymmetric information problem in health care implies that the demand for health
care is a “supplier-induced demand”.
Chapter 21 – Health Care
115. The moral hazard problem created by health insurance induces consumers to
underconsume health care.
116. Health insurance induces the consumers to adopt less prevention and overconsumption of
health care.
117. The provision of health insurance leads to a deadweight loss due to an over-allocation of
resources to health care.
118. Raising deductibles and copayments in health insurance plans is one effective way to
contain health care costs.
Chapter 21 – Health Care
119. Managed-care organizations attempt to control their enrolled members’ use of health care
as a way of containing costs.
120. Health maintenance organizations (HMOs) are like health clubs that operate facilities
where people can exercise and get physical training.
121. Health savings accounts enable individuals who have high deductible private insurance
to place tax-free dollars into special accounts that can be used to pay for medical expenses.
122. The main focus of the Patient Protection and Affordable Care Act (PPACA) is the
provision of health insurance coverage to all Americans.
Chapter 21 – Health Care
123. Aside from new taxes, the Patient Protection and Affordable Care Act (PPACA) aims to
generate revenue by enforcing a personal mandate that requires all individuals not covered by
employer- or government-provided health insurance to purchase insurance.
124. The Patient Protection and Affordable Care Act (PPACA) bans the previous practice of
125. One way that the Patient Protection and Affordable Care Act (PPACA) hopes to foster
competition among health insurance companies is through so-called insurance exchanges.
126. One of the taxes included the Patient Protection and Affordable Care Act (PPACA) to
generate revenue is a tax on junk food.