HSM 544 Final Exam Study Guide
The final examination for this course is comprehensive, and it emphasizes key concepts from all weeks of the course.
First, carefully review all discussion topics presented during the course, and then also be sure to review the following key concepts:
- Definitions of Health Policy
- Conditions of Perfect Competition
- Differences between Perfect Competition and Health Care Realities
- Two Basic Tools of Economics
- Eight Special Tools for Economic Analysis in Health Care
- Applications of the Basic Tools of Economics to Health Care
- Objectives of Health Policy
– Five Goals of Health Policy
– Three Basic Tasks of Health Care Economics
– RBRVS
- DRG’s
- Production Functions
- “Pushing to the Flat of the Curve”
- Rationales for Government Intervention in Health Care
– Medicare Advantage Plan
- Health Care Spending for various nations, especially the developed nations
- Systems of Health Care in the developed nations
- Categories of Regulatory Health Policy
- Advantages and Disadvantages of Employment-Based Health Insurance Coverage
- Mechanisms for Insurers to Impact Health Insurance Cost
Wishing you all success on your final exam!
HSM 544 Final Exam
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