Health Care Financing & Reimbursement Methods

1. Write after each statement if it is true or false:

1. The government is the primary financier of health care in the U.S._____
2. When a patient utilizes more healthcare services then they would if they had to pay the entire price for their care out of their pocket it is called moral hazard. ____
3. The U.S. uses supply-side rationing to control the cost of health care. _____
4. Underwriting refers to the possibility of a substantial financial loss from some event. ______
5. The majority of employer sponsored health insurance coverage plans are managed care plans. ______
6. The majority of people who gained access to health insurance through the ACA got it through private insurance. ______
7. Medicare uses a traditional fee for service reimbursement method
8. Medicaid is jointly financed by the state and federal governments