Which of the following statements is true?

Correct Answer: D

Rationale: The correct answer is D: Incremental costs are the same as marginal costs. Incremental costs refer to the additional cost incurred by producing one more unit, while marginal costs represent the cost of producing the next unit. Both concepts focus on the change in costs for producing additional units, making them essentially the same. Choice A is incorrect as focusing on incremental costs can help managers make informed decisions. Choice B is incorrect because fixed costs remain constant regardless of production levels, unlike variable costs. Choice C is incorrect as costs can vary based on the perspective, such as financial accounting versus managerial accounting.

Correct Answer: D

Rationale: The correct answer is D: All of the above. The Institute for Healthcare Improvement Triple Aim Theory aims to achieve three goals simultaneously: improving the experience of care, improving population health, and reducing healthcare costs. This approach recognizes that these three components are interrelated and essential for achieving overall healthcare system improvement. Improving the experience of care focuses on patient satisfaction and quality of care delivery. Improving population health emphasizes the health outcomes of a community or population. Reducing healthcare costs aims to enhance efficiency and sustainability of healthcare delivery. Choosing option D is correct because it encompasses all three vital goals of the Triple Aim Theory. The other options are incorrect because they represent individual components of the theory, whereas the correct answer acknowledges the comprehensive approach of addressing all three goals simultaneously.

Correct Answer: A

Rationale: The correct answer is A: Health and Human Services. The Department of Health and Human Services (HHS) oversees Medicaid, a federal and state program providing health coverage to low-income individuals. HHS administers Medicaid to ensure compliance with federal regulations and guidelines. The other choices are incorrect because: B: Food and Drug Agency (FDA) focuses on regulating food, drugs, and medical devices. C: Surgeon General is a public health leader but does not directly manage Medicaid. D: Center for Medical Services and Aid is a fictitious entity and not responsible for Medicaid implementation.

Correct Answer: B

Rationale: The correct answer is B: Medicaid enrollees fare better than uninsured and privately insured individuals when it comes to paying medical bills. This is supported by the key finding from the Commonwealth Fund Biennial Health Insurance Survey, which highlights that Medicaid enrollees have lower out-of-pocket costs and are less likely to face medical bill-related financial issues compared to uninsured and privately insured individuals. This conclusion is drawn from analyzing data on healthcare affordability and financial security among different insurance groups. The other choices are incorrect because they do not align with the actual findings of the survey, which emphasize the financial benefits of Medicaid coverage for individuals in terms of paying medical bills.

Correct Answer: D

Rationale: The correct answer is D. Medicaid expansion has benefited those who qualify by allowing them to avoid expensive medical fees, access psychiatric and preventative care, and remain productive members of society. Matt Bednarowicz mentions all these benefits in the article, indicating a comprehensive advantage for those eligible. Choosing option D captures the broad scope of advantages highlighted by the author. Options A, B, and C are incorrect because they each represent only a partial benefit mentioned in the article, while option D encompasses all the benefits discussed by Bednarowicz.