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University of South Florida HSC 4630 Quiz 3 Question 1)What is the main difference between Medicare and Medicaid? Medicare Part A covers hospital stays; Medicaid Part B covers physician visits Medicare is a federal program; Medicaid is a joint federal-state program Medicare does not cover anyone under age 65; Medicaid does not cover anyone over 65 Medicare program rules are determined by each State; Medicaid program rules are determined by each county Question 2 Which payment system incentivizes healthcare providers to increase the volume of healthcare services (which increases the cost for our healthcare system)? Diagnosis Related Groups (DRG) Pay-for-performance (P4P) Fee-for-service (FFS) Current Procedure Terminology (CPT) Question 3 Medicare enrollees have the option of purchasing private insurance instead of enrolling in traditional Medicare
University of South Florida
HSC 4630
Quiz 3
Question 1)What is the main difference between Medicare and Medicaid?
Medicare Part A covers hospital stays; Medicaid Part B covers physician visits
Medicare is a federal program; Medicaid is a joint federal-state program
Medicare does not cover anyone under age 65; Medicaid does not cover anyone over 65
Medicare program rules are determined by each State; Medicaid program rules are determined by each county
Question 2
Which payment system incentivizes healthcare providers to increase the volume of healthcare services (which increases the cost for our healthcare system)?
Diagnosis Related Groups (DRG) Pay-for-performance (P4P)
Fee-for-service (FFS)
Current Procedure Terminology (CPT)
Question 3
Medicare enrollees have the option of purchasing private insurance instead of enrolling in traditional Medicare.
True
False
Question 4
The government plays large role in health care financing. Which level of U.S. government pays for the most healthcare?
Federal
State Local
All about the same
Question 5
The last fifty years have seen increasing cost of care and increasing cost of health insurance.
True
False
Expert Solution
PFA
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