Mha 710 - Healthcare Economics - Exam 3 Questions With Complete Solutions.

The Medicare pay-as-you-go system is jeopardized by a. an overly generous fee schedule that pays physicians more than private insurance for most procedures. b. the changing demographics of the U.S. population, with an increasing percentage of individuals over the age of 65. c. a reliance on the premiums paid by the elderly themselves to fund the majority of the total cost of the system. d. allowing physicians to balance bill their patients. e. the rising costs of long-term care. {Ans: b. the changing demographics of the U.S. population, with an increasing percentage of individuals over the age of 65.}Separating a number of related procedures and treating them as individual services for payment purposes {Ans: Unbundling}The majority of pharmaceutical advertising is directed at which of the following groups? a. Investors b. Potential patients c. Government regulators d. Politicians e. Physicians {Ans: e. Physicians}What was the main effect of the agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS) on United States' domestic policy? a. It significantly increased the ability of generic substitutes to compete with brand name drugs. b. It allowed generic drugs to rely on the original safety and efficacy evidence provided by the equivalent branded drug.