Question

Question 1

Early insurance took the form of limited income protection coverage

	True
	False

Question 2

Social Security program came out of Franklin D. Roosevelt's New Deal

	True
	False

Question 3

Prior to the 1970s, health insurance was primarily a fee-for-service situation

	True
	False

Question 4

Employers asking employees to share the risk of healthcare costs that might seem reasonable

	True
	False

Question 5

perceptions have grown that quality of care was suffering as the result of managed care cost-saving initiatives.

	True
	False

Answer 1

Question 1: Early insurance took the form of limited income protection coverage

Answer: True

Insurance is being provided based on the family history, personal medical history, height and weight matrix. Early form of insurance would cover the funeral expense and help survivors financially.

But today there are many insurance which covers specific area of life which was not provided in the earlier days.

Question 2: Social Security program came out of Franklin D. Roosevelt's New Deal

Answer: True.

Social Security Program was signed by Franklin D Roosevelts on August 14, 1035. The programm laid down the foundation for the modern welfare system in the US, where its first focus was on helping the elderly, unemployed, and the children.

Question 3: Prior to the 1970s, health insurance was primarily a fee-for-service situation

Answer: True

In earlier days, the health care was paid based on fee-for -service.The patient visits the doctor, and would be evaluated and patient would pay the doctor for the service done.

After 1970, capitation became the preferred form of health care payments.

Question 4: Employers asking employees to share the risk of healthcare costs that might seem reasonable

Answer: False

Employers are benefited by providing health insurance to employees.To retain quality employees, the employers provide health care benefits.This makes the workers more happier at work. Hence the employer can use the benefit of all workers by insuring all of them, instead of some.

Question 5: perceptions have grown that quality of care was suffering as the result of managed care cost-saving initiatives.

Answer: True

Earlier days managed care was an effective approach to supporting health care quality. But now a days, payors think there is decline in the managed care because of the growing popularity of consumer driven health plans.