Health Policy
Government sponsored program which provides medical insurance coverage to those age 65 and over and to the disabled.
What is Medicare?
Americans spend more than this amount each year on prescription drugs.
What is $1,200?
or
What is more than any other country in the world?
This is what an insured person pays to the insurance company in order to maintain coverage
What is the premium?
The largest professional group in the hospital
What is nursing?
A form of waste in nursing that involves having too many supplies on hand on the floor units
What is inventory (or supply) waste?
An insurance program for people with low incomes and few personal assets who can’t otherwise afford other commercial health insurance plans.
What is Medicaid?
$2,096
What is the average cost of an emergency room visit in the US?
The amount of money an insured person must pay annually for covered healthcare services before the health insurance plan begins to pay for those services
What is the deductible?
The number of questions on the HCAHPS survey that are in the "Your Care from Nurses" section
What is 4?
Taking care of hospital equipment provides more of this to be spent on upgrades rather than repairs
What is money?
Provides wage replacement and medical benefits for employees injured while at work
What is worker's compensation?
The fraction of the U.S. economy that is spent on healthcare
What is 1/6?
A fixed amount an individual must pay for a covered healthcare service that is common for clinic and ER visits.
What is a copayment?
A payment model that rewards health care providers for meeting pre-defined targets for quality indicators
What is "Pay-for-Performance"?
The form of waste that refers to unnecessary movement with an area. In nursing it would relate to having to move long distances for needed supplies.
What is motion waste?
A complex piece of legislation passed in 2010 with the intention of increasing the quality and affordability of health insurance.
What is the Affordable Care Act?
$10,808
What is the national average of charges to have a baby in the US?
This is what happens to insurance premiums as healthcare costs rise
What is "increase"?
Hospitals with patient satisfaction in the 90th percentile have this increase in patient volume
What is 33%?
$1,000 per procedure
What is the average cost of discarded supplies per neurosurgery procedure in the United States?
The platform that offers insurance plans as a means to extend health insurance coverage to millions of uninsured Americans.
What is the ACA Health Insurance Marketplace?
This category of inpatient services had the highest average price of $43,810 per admission.
What is surgical admissions?
A requirement that healthcare services must receive prior approval from a health insurance plan before being considered for treatment.
What is pre-authorization (or prior authorization)?
The percentage of patient care time that is performed by a nurse
What is 86%
$765 billion dollars - or approximately a quarter of total healthcare spending
What is the estimated waste produced by hospitals in the United States annually?