Multiple Choice QuestionWho or what sets the rules and regulations for Medicare and Medicaid?Multiple choice question.Medicare is federally regulated; Medicaid is state regulated.a conference of all 50 states' governorsthe federal government

Multiple Select QuestionSelect all that applyManagement and control of the administration of Medicare and Medicaid in Texas include which of the following?Multiple select question.pharmaceutical companiesthe statedoctorshealth care providers

Question 20Which of the following does NOT accurately describe Medicaid?1 pointMedicaid is a government-run program that covers low-income peopleThough the Federal government oversees some aspects of Medicaid, a different Medicaid program is operated by each stateMedicaid is the only public insurance program in the US with broad coverage for long-term careMost people enrolled in Medicaid have traditional indemnity style insurance coverage21.Question 21Which of the following is regulated by the FDA?1 pointPrescription drugsOver-the-counter drugsMedical devicesBiologic productsAll of the above22.Question 22Which of the following is true of generic drugs?1 pointThey are generally made by the same manufacturer as the branded drugThey are allowed to be close to but not the exact chemical composition as the branded drugOnce they enter the market, the branded drug is no longer soldThey go through a different FDA approval process than the original branded drug23.Question 23You are a drug company finishing your New Drug Application with the US FDA for a newly discovered treatment for Crohn’s disease. You received a 20-year patent in 2012 for your drug, and you are expecting your NDA approval in 2020. Based on this information, how many years will you have with your drug on the market before a generic is able to enter the market as a competitor?1 point25 years 8 years 11 years 12 years 20 years 24.Question 24Which of the following are potential uses of quality data?1 pointMonitoring and improvement of carePublic reporting in order to incentivize future quality improvements and assist patients in provider selectionDesigning better pay-for-performance metricsAll of the above25.Question 25Which of the following is NOT an example of an outcome measure?1 pointPercentage of providers appropriately credentialed Hospital readmission ratesHospital mortality ratesPatient-reported outcomes

Multiple Choice QuestionIn the American federal system, what structures how power is distributed within the national government as well as with and between the states?Multiple choice question.the Constitutionthe Bill of Rightsthe Declaration of Independencethe Supreme Court

Multiple Choice QuestionThe Fed's authority to establish and enforce credit rules for financial institutions and private investors is done through ______.Multiple choice question.changing the reserve requirementopen market operationschanging the discount ratecredit controls

Multiple Choice QuestionThe organization in charge of regulating the banking and financial industry in the United States is ______.Multiple choice question.the American Banking Associationthe Federal Reserve Boardthe U.S. Mintthe U.S. Congress