HMGT 3301 Exam 1 - Chapter 1, Top Questions with accurate answers, 100% Accurate.

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HMGT 3301 Exam 1 - Chapter 1, Top Questions with accurate answers, 100% Accurate. 1. Why does cost containment remain an elusive goal in US health services delivery? - ✔✔-Limited resources,... health insurance premiums costs are increasing faster than inflation, rising costs limit the ability to offer health benefits, rising costs takes toll on the lower-income households, taxes are already high 2. What are two main objectives of a health care delivery system? - ✔✔-a. Enabling all citizens to obtain needed health care services b. Services must be cost effective and meet certain established standards of quality 3. Name the four basic functional components of the US health care delivery system and what role they play. (Quad-function model) - ✔✔-a. Financing—necessary to obtain health insurance to pay for health care services b. Insurance—protects the insured against catastrophic risks when needing expensive health care services; determines the package of health services the insured individual is entitles to receive c. Delivery—the provision of health care services by various providers (entities that deliver health care services and can either independently bill for those services or is tax-supported d. Payment—deals with reimbursement (the amount insurers pay to a provider, the payment may only be a portion of the actual charge) 4. What is the primary reason for employers to purchase insurance programs to provide health benefits to their employees? - ✔✔-a. Employers don't have to pay 100% of the premiums, so they require their employees to pay a portion of the cost (premi [Show More]

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