HSM544 WEEK 8 Final Exam Project (July 2019)

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HSM 544 Health Policy & Economics

WEEK 8 Final Exam

Question 1 (CO E) Briefly describe cost-benefit analysis (CBA). Demonstrate understanding by applying the concept to an assessment of an immunization program.

Question 2 (CO G) Identify a nation that uses a universal coverage approach to healthcare. List and discuss the differences (by identifying advantages and disadvantages) between the discussed system and healthcare in the United States.

Question 3 (CO A) If you were a political leader, would you make long-term care insurance mandatory for individuals over age 65? Why or why not? Provide detailed rationale.

Question 4 (CO D) What economic analysis tool would be best for assessing the wisdom in adding hours and staff to a family practice clinic? Describe how the term opportunity cost would come into the analysis and the information it would provide to the decision-making process.

Question 5 (CO C) You are an expert in government programs. You have been asked to speak to the local Kiwanis club on a topic titled “Social Insurance in America.” You want the members to leave with an understanding that American healthcare is more than just a free-market industry.

Identify what you will say on each of the following points: The role of state governments in public health, federal and state governments’ involvement in social health insurance, and the government’s role in environmental safety.

Question 6 (CO B) Describe the three basic tasks of healthcare economics. Explain each one with examples of tools and techniques used to evaluate it. Consider that you are a consultant with a firm that has been selected by your state government to evaluate the economic state of healthcare. How would you initiate and manage your evaluation?

Question 7 (CO F) You work for a newly elected senator who asked you to prepare a briefing on why socialized medicine has not been the government healthcare system in the United States. Key points that need to be in your briefing follow: the U.S. Constitution and the roles given to states on healthcare, free-market health insurance, redistribution of wealth, and interest groups, such as the AMA.

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