Compare and contrast the roles of the federal, state, and local governments in the healthcare system

Correct Answer: B

Rationale: The correct answer is B: Federal finances, state regulates, local delivers. The federal government provides funding through programs like Medicare and Medicaid, while states regulate healthcare practices within their jurisdiction. Local governments are responsible for delivering healthcare services to their communities. This division of roles ensures that healthcare policies are tailored to specific needs at each level of government. Choices A, C, and D are incorrect because they do not accurately reflect the distinct responsibilities of each level of government in the healthcare system.

Correct Answer: A

Rationale: The correct answer is A because Medicare, Medicaid, and CHIP are all examples of public financing programs in the U.S. healthcare system. 1. Medicare provides health insurance for individuals aged 65 and older. 2. Medicaid offers coverage for low-income individuals and families. 3. CHIP (Children's Health Insurance Program) provides health coverage for children in low-income families. Choice B is incorrect because Social Security and ACA (Affordable Care Act) are not public financing programs in healthcare. Choice C is incorrect because Veteran's Affairs is a separate system for military veterans, not a public financing program for the general population. Choice D is incorrect because employer programs are not considered public financing programs.

Correct Answer: D

Rationale: The correct answer is D because the ACA (Affordable Care Act) is aimed at expanding healthcare coverage to millions of uninsured individuals by increasing Medicaid eligibility and providing subsidies for low-income individuals to purchase insurance. This will result in 32 million more people gaining access to healthcare services. Choice A is incorrect because the ACA focuses on expanding coverage rather than just improving quality. Choice B is incorrect as the ACA aims to reduce out-of-pocket costs for individuals. Choice C is incorrect because the ACA does not necessarily reduce insurance premiums but rather aims to increase access to affordable healthcare services.

Correct Answer: B

Rationale: The correct answer is B because pharmacists in primary care-managed care settings play a crucial role in assisting patients with education about their medications and ensuring medication adherence. Pharmacists help patients understand their treatment plans, potential side effects, and how to take their medications correctly. This improves patient outcomes and reduces the risk of medication errors. Option A is incorrect because pharmacists are actively involved in patient care beyond just providing medications. Option C is incorrect because pharmacists also provide medication therapy management and counseling services. Option D is incorrect because while pharmacists may monitor health status, their primary role in this setting is to provide medication-related care and support.

Correct Answer: B

Rationale: The correct answer is B: Supply, demand, and price. Healthcare economics focuses on how these factors influence decision-making in healthcare management. Supply refers to the availability of healthcare services, demand reflects patients' needs, and price affects resource allocation. Unemployment (A) is a macroeconomic factor, not specific to healthcare. Access to care (C) is important but is a broader concept than microeconomics. Demographics (D) can influence healthcare demand but are not specific to the economic decision-making process in healthcare management.