According to Chernew and Frakt, how might Medicare spending be constrained to control government expenditures?
A. Increase the age of eligibility
B. Increase patient spending at the point of service
C. Reduce payments for overpriced services
D. All of the above
E. A and C only
According to Chernew and Frakt, how might Medicare spending be constrained to control government expenditures?
A. Increase the age of eligibility
B. Increase patient spending at the point of service
C. Reduce payments for overpriced services
D. All of the above
E. A and C only
Front
D. All of the above
Back
What percentage of health care dollars is spent on drugs?
A. 3%
B. 10%
C. 15%
D. 25%
Front
B. 10%
Back
Where does financing for Part D primarily come from?
A. Payroll taxes
B. Income taxes
C. Beneficiary premiums
D. General revenues
Front
D. General revenues
Back
True or False: The majority of Medicare beneficiaries are enrolled in Medicare Advantage.
Front
False
Back
Stand-alone prescription drug plans are designed to supplement:
A. Traditional Medicare
B. Medicare Advantage
C. Part A
D. Part B
Front
A. Traditional Medicare
Back
What does the Part D Low-income subsidy (LIS) program do?
A. Assists low-income Medicare beneficiaries in paying for their most expensive drugs
B. Assists low-income Medicare beneficiaries with premiums/co-payments for their drug prescription plans
C. Covers all drug related expenses for all Medicare and Medicaid beneficiaries
D. All of the above
Front
B. Assists low-income Medicare beneficiaries with premiums/co-payments for their drug prescription plans
Back
According to Chernew and Frakt, Medicare/Medicaid federal spending has increased because of
A. Growth in the number of beneficiaries
B. Price inflation
C. Growth in health care utilization
D. All of the above
Front
D. All of the above
Back
What percentage of health care dollars is apportioned for public health?
A. 3%
B. 10%
C. 15%
D. 25%
Front
A. 3%
Back
Medicare Advantage enrollees tend to pay ________ premiums and have _______ health on average than traditional Medicare enrollees
A. lower, worse
B. higher, worse
C. lower; better
D. higher, better
Front
C. lower; better
Back
What was the effect of introducing the prospective payment system and DRGs on the length of hospital stays?
A. There was no change in the length of hospital stays
B. Only slightly shorter hospital stays
C. Shorter hospital stays
D. Longer hospital stays
Front
C. Shorter hospital stays
Back
How does per capita federal spending on Medicare Advantage compare to traditional Medicare?
A. Federal per capita payments to Medicare Advantage are more than payments to traditional Medicare
B. Federal per capita payments to Medicare Advantage are less than payments to traditional Medicare
C. Federal per capita payments to Medicare Advantage are roughly equal to traditional Medicare
D. It is unknown how federal per capita spending on Medicare Advantage compares to traditional Medicare
Front
C. Federal per capita payments to Medicare Advantage are roughly equal to traditional Medicare
Back
In the future, the percentage of Medicare beneficiaries enrolled in Medicare Advantage is expected to:
A. Increase
B. Decrease
C. Match the percentage of enrollees in traditional Medicare
D. Stay the same
Front
A. Increase
Back
Which of the following is not an advantage of Medicare Advantage?
A. Medicare Advantage plans are required to place limits on out-of-pocket spending unlike traditional Medicare
B. Medicare Advantage plans usually provide extra benefits not offered through traditional Medicare like dental/eye care
C. Medicare Advantage plans offer hospice benefits, unlike traditional Medicare
D. Most Medicare Advantage plans have integrated coverage for prescription drugs
Front
C. Medicare Advantage plans offer hospice benefits, unlike traditional Medicare
Back
What qualifies an enrollee for out-of-pocket catastrophic coverage for Medicare Part D?
A. Enrollees are qualified after reaching a specified threshold for out-of-pocket spending on prescription drugs
B. Enrollees are qualified if they have a chronic illness and enter hospice care
C. Enrollees are qualified if they have incomes <100% of the FPL
D. Enrollees are qualified after paying their full deductibles
Front
A. Enrollees are qualified after reaching a specified threshold for out-of-pocket spending on prescription drugs