Author Question: The student nurse know that employer-sponsored health insurance was a. a new idea for health care ... (Read 159 times)

panfilo

  • Hero Member
  • *****
  • Posts: 572
The student nurse know that employer-sponsored health insurance was
 
  a. a new idea for health care financing invented after World War II.
  b. created by the federal government to stimulate the economy.
  c. never envisioned as being a permanent part of the health care arena.
  d. originally a way to increase revenue for doctors and hospitals.

Question 2

A nurse economist is explaining to a class that the health care market exists in a state of market failure because
 
  a. complex variables prevent a consensus on health care production.
  b. health care fails to meet the needs of its customers and consumers.
  c. more health care practices are failing economically in this market.
  d. practices suffer as their investments in the stock market fail to grow.



Animal_Goddess

  • Sr. Member
  • ****
  • Posts: 339
Answer to Question 1

D
During the Depression, doctors and hospitals saw their revenue decline because people were not able to pay for health care. The American Hospital Association created Blue Cross of California in 1939 with the intent of securing income.
Employer-sponsored health insurance came into existence during the Great Depression.
The federal government did not create employer-sponsored insurance plans.
Employer-sponsored insurance was not created as a temporary solution.

Answer to Question 2

A
The economics of health care are unlike any other business sector. Demand for health care is not directly related to the quality and availability of services. Incomplete information by consumers and uncertainty related to the need for future health care result in a situation in which society cannot agree on an acceptable level of output. This is known as market failure.
It can be argued that health care today is not meeting demands, but this is unrelated to the concept of market failure.
It may be true that more health care practices are failing economically in this market, but it is not related to the concept of market failure.
Investment in the stock market is not related to market failure.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

Your heart beats over 36 million times a year.

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Did you know?

Chronic necrotizing aspergillosis has a slowly progressive process that, unlike invasive aspergillosis, does not spread to other organ systems or the blood vessels. It most often affects middle-aged and elderly individuals, spreading to surrounding tissue in the lungs. The disease often does not respond to conventionally successful treatments, and requires individualized therapies in order to keep it from becoming life-threatening.

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

For a complete list of videos, visit our video library