TRUE OR FALSE - Make sure that in Canvas you enter TRUE (spelled out, all caps) for a true answer and FALSE for a false
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TRUE OR FALSE - Make sure that in Canvas you enter TRUE (spelled out, all caps) for a true answer and FALSE for a false
TRUE OR FALSE - Make sure that in Canvas you enter TRUE (spelled out, all caps) for a true answer and FALSE for a false answer. 1. [3] The Affordable Care Act (ACA) imposes a penalty on those who do not carry health insurance. Currently that penalty is $0. 2. [3] Nationalized healthcare systems, such as the healthcare system in the United Kingdom, present significant problems with adverse selection. 3. [3] The U.S. healthcare system is a hybrid of a private and a public (government) system. 4. [3] With a public insurance system financed by tax resources, high-income people pay actuarily unfair premiums. 5. [3] Medicare covers any and all medically effective treatments. 6. [3] Cost-effectiveness analysis (CEA) is prohibited in making decisions about coverage of treatments in the United Kingdom (National Health Service). 7. [3] Healthcare subsidies provided in the individual exchanges in the United States are not means-tested. 8. [3] Under a Beveridge healthcare system (nationalized), the government funds healthcare, but they do not directly employee physicians or operate facilities like hospitals. 9. [3] Insurance is compulsory (required by law) in a Bismarck healthcare system. 10. [3] Under both Bismarck systems and in the United States, health insurance is community rated (depends on where you live) rather than risk-rated. 11. [3] Under the Bismarck system, as applied in Germany, individuals are allocated to specific sickness funds. 12. [3] The following graph implies that the U.S. healthcare system operates inefficiently compared with the UK and Switzerland (the HPF is the health production frontier).
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