Question

1. An organization that controls medical cost and quality through offering provider price discounts would be a:                

            [A]       Managed care organization (MCO)

            [B]       Disproportionate share hospital (DSH)

            [C]       Medicare advantage plans

            [D]       State children’s insurance plans (SCHIP)

2. What is the economic theory suggesting that rising federal spending on US health care costs will hurt our international trade balance?                      

[A]       By funding more research and paying for prescription medications, the government is funneling US tax dollars into R&D which leads to more new drugs and treatments. Meanwhile, other countries place price limits on the same drugs so effectively, they get them at generic prices and the USA provides free research for the world's benefit.

[B]       More international students will attend US medical schools and nursing schools to try and get jobs in this country. These students will send money back to their home countries once they start working and that money will leave our US economy.

[C]       Government deficit spending to cover Medicare, etc requires borrowing which makes dollars more valuable to people loaning money to government. This makes American goods look more expensive internationally since they are sold for dollars.

[D]       Globally Supply is far greater than Demand, but domestically, the opposite is apposite. This dilemma leads to instability and insecurity which is why this always travel in pairs, and only a sith speaks in absolutes.

Answer 1

Q-1 Answer :- (A)Managed care organization (MCO)

*Explanation :-

Managed care organization is the Organized to provide Quality Medical Care Service,Manage Cost,Utilization in it. It Is a Group of Medical Service Providers Who Offers Managed Care Health Plans In US

Q-2 Answer :-By funding more research and paying for prescription medications, the government is funneling US tax dollars into R&D which leads to more new drugs and treatments. Meanwhile, other countries place price limits on the same drugs so effectively, they get them at generic prices and the USA provides free research for the world's benefit.

*Explanation :-The Economic Theory Suggesting That USA's Health care spending of 9.5%(Approx) and overall economic growth of 3.5% (Approx), which means a larger Part of more resources are being devoted to health care relative to other goods, will impact the All the sectors of the economy.Rising Health care Plays Major Role In The Fiscal Condition Of US Government And it Leads to Hurts The US International Trade Balance