Hi I need help with my homework please do it correctly with the right answers please not give me wrong answers and be clear also copy and paste the answers ok

Question 1

What is healthcare financing?

It is the function of a system concerned with making sure that individuals pay their medical bills and allows hospital organizations to sue them if they fail to do so

It is the function of a system concerned with the mobilization, accumulation, and allocation of money to cover the health needs of the people, individually and collectively, in the health system

It refers to the individual personal budget's of citizens and the amount of money they allocate towards their health including the purchase of healthy foods such as fruits and vegetables

It is another way of saying tax-based, socialized medicine

Question 2

What is one of the key leverage points that exist within healthcare financing that can be used to improve healthcare delivery?

Group of answer choices

For insurance companies to avoid financial risk and maximize profits

To cut financing to public programs forcing those who rely on public services to find their own health insurance

To align incentives between patients and providers

To make healthcare costs impossible for patients to understand so providers can maximize profits

Question 3

Which country spends the highest percent of their GDP on healthcare?

United States

China

India

France

Question 4

Which of the following are considered to be forms of 'bundled payments'? Select all that apply.

Reference Pricing

Fee-for-service

Salary

Capitation

Per Diem

Pay-for-performance

DRG's

Question 5

Which payment model reimburses organizations and/or providers based upon the number of days treatment was given?

Per diem

Capitation

Salary

Fee-for-service

Question 6

What does the term prospective mean?

It is when the reimbursement amount for a service or group of services are set in advance

It means that patient's have to call their insurance company ahead of their treatment to negotiate their cost of care

It's another term for bundled payments

It is when the reimbursement amount for a service or group of services are set after treatment is given and is based upon the overall quality of care given

Question 7

Which of the following accurately describe aspects of the DRG payment model? Select all that apply.

Follows a patient for 30-days post-discharge

A prospective payment model

Includes physician services

Covers costs from admission to discharge

Question 8

Which of the following are key distinctions between the DRG payment model and the EDRG payment model? Select all that apply.

DRG includes physician services, while EDRG does not

DRG will only ever follow a patient for 30-days, while EDRG follows a patient for up to 5 years,

DRG does not include physician services, while EDRG does include physician services in the bundled price

DRG follows a patient for up to 5 years, while EDRG will only ever follow a patient for 30-days

Question 9

Which of the following statements are TRUE when comparing the key distinctions between the DRG payment model and reference pricing? Select all that apply.

Reference pricing allows hospital's to charge as much as they would like, while DRG's does not

DRG's are bundled, while reference pricing is not

Reference pricing may provide greater price transparency to patients, but can also provide greater financial risk to patients

There is no difference between these two payment models, they names can be used interchangeably

Question 10

Which payment model provides the least financial risk for providers and the most financial risk for payers?

Pay-for-peformance

Capitation

Fee-for-service

Reference pricing