Question: True or False? The Medicare Prescription Drug, Improvement, and Modernization Act of 2003 created Part D of Medicare.

Answer Options:
True
False

Answer: True

Question: Private health insurance includes only payments by employers for health care coverage.

Answer Options:
True
False

Answer: False

Question: True or False? Major medical health insurance coverage typically includes hospital coverage as well as related physician services.

Answer Options:
True
False

Answer: True

Question: True or False? The Affordable Care Act has had little impact on the number of uninsured individuals in the U.S.

Answer Options:
True
False

Answer: False

Question: True or False? The purposes of the Patient Protection and Affordable Care Act include expanding access to health insurance coverage, efforts to contain costs, and emphasis on prevention and screening, to name a few.

Answer Options:
True
False

Answer: True

Question: True or False? The Children’s Health Insurance Program is a form of private health insurance coverage.

Answer Options:
True
False

Answer: False

Question: Health care managers have two primary roles in managing health insurance: providing coverage for employees and managing the billing and reimbursement process for patient claims.

Answer Options:
True
False

Answer: True

Question: Conventional indemnity health insurance plans, whereby an insured individual pays for services and is later reimbursed by the insurer, were the most common type of health insurance coverage in 2018.

Answer Options:
True
False

Answer: False

Question: Today, health insurance is typically purchased by individuals to prevent catastrophic loss.

Answer Options:
True
False

Answer: False

Question: True or False? Private health insurance accounted for slightly more than half of all expenditures for health care in 2016.

Answer Options:
True
False

Answer: True

Question: True or False? Medicare is experimenting with Accountable Care Organizations in an effort to reduce costs, while Medicaid is not involved in this.

Answer Options:
True
False

Answer: False

Question: True or False? Medicaid is a major funder of safety-net hospitals, health centers, and behavioral health care, but is not involved in supporting long-term care services.

Answer Options:
True
False

Answer: False

Question: Medicaid programs are not uniform across the states.

Answer Options:
True
False

Answer: True

Question: True or False? The Affordable Care Act has had little impact on the number of uninsured individuals in the US.

Answer Options:
True
False

Answer: False