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- seventy-five percent of total costs of medicare part b are paid by federal general revenue and 25% is paid by premiums of those who elect to buy part b coverage. what is the medical loss ratio of this insurance plan? a) 150% b) 75% c) 500% d) 25%1. Assume that there are two types of driver: One is careful and has a 0.1% of being in an accident. The other type is careless and has a 1% chance of being in an accident. Assume that each type represents 50% of the population. If there is a law mandating that all drivers buy insurance that would cover $100,000 in damages, the actuarially far premium for all drivers would be ________ while if there were no such law, the fair premium would be __________. Group of answer choices A) $100, $1,000 B) $100, somewhere between $100 and $1,000 C) $550, somewhere between $550 and $1,000 D) $550, 1,000 2. The term(s) used to describe the problem(s) that make the actuarially fair premiums different in the two cases in the question above is(are) Group of answer choices A) Asymmetric information B) Moral hazard C) Adverse selection D) A, B, and C E) A and C ( Please solve Both the question I will definitely rate positive )2 Examples of sources of data for market failure in health.
- What is the supportive explanation that shows lockdown is the best decision have been made compared to not lockdown due to Covid-19 pandemic? Is there any contigency plans for lockdown need to be placed?Public health strategies aim to prevent or reduce the prevalence of type 2. Provide exmaples backed with data of these stragies having a effect int he past 10-20 years. provide a few public helath stragies that have been effective in the uk and and few that have not been effective. Same for the USA and Austriala examples and weatehr if they have been effective or nothas the recent decline in the US$ been benefical for canada comapnies exporting to the US Give Example? If not, explain why not, using data or recent company examples to justify your argurment? Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.
- Government provided social insurance is most beneficial in the cases where the probability of adverse events is _____ to calculate and the costs of the adverse events are _____. a.hard/low b.easy/high c.easy/low d.hard/highQUESTION 13 The size of the uninsured and underinsured population in the United States has become an indication of the access problems in the US healthcare system.TrueFalse QUESTION 14 If the expected age of death for a male aged 20 is 75, then a 20-year-old man who dies is considered to have lost how many years of life? A. 20 years of life B. 75 years of life C. 55 years of life D. None of these QUESTION 15 Why is survival time considered to be a good indicator of health status? A. It measures health outcomes as compared to costs B. It places an emphasis on the time spent(duration) in a specific health state C. The measure accounts for mortality rates D. It measures outcomes or health state at a given point in timeSituation A: If a person lives for 3 years with a disease and the current standard of care for that disease means he/she lives with a utility level of 0.7 .-What is the QALY? If that person takes a new medicine (Medicine A) because of which his/her utility level increases to 0.8,-What will be the new QALY? Calculate the benefit of new medicine.
- Answer asap please Suppose that a special interest group makes up 10% of the overall population. If a new proposal stands to generate $2 million in additional benefits to the group, the group will: Group of answer choices always support this proposal, since the costs are diffused over the entire population. never support this proposal if the costs are greater than $2 million. support this proposal only if the costs are less than $2 million. support this proposal only if the costs are less than $200,000.Suppose that an effective vaccine against malaria were invented. Using Figure above, describe the vaccine’s effect on both health and income Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.Why is it important for decision-makers in a county council to take cost-effectiveness into account when making decisions tointroduce a new treatment in the county council?
