Question 1

Those who are not eligible for retiree health benefits or Medicaid may elect to purchase this type of insurance plan:

Accepted Answer

A)   Cobra policy
B)   Medicare Part D
C)   Medicare Part A
D)   Medigap D

Question 2

Socioeconomic status affects:

Accepted Answer

A)   health.
B)   longevity.
C)   health choices.
D)   all of the above D

Question 3

This increased dramatically during the 20th century and provided resources to support public health and health care services, education, and nutrition:

Accepted Answer

A)   government spending
B)   population of employable workers
C)   economic standard of living
D)   taxes C

Question 4

The ability to use a telephone or balance a checkbook are examples of:

Accepted Answer

A)   key indicators of well being.
B)   instrumental activities of daily living.
C)   activities of daily living.
D)   life care skills.

Question 5

This increase allows older adults to consider an increased range of choices about living arrangements and use of time:

Accepted Answer

A)   median real income
B)   life expectancy
C)   medical innovations
D)   technological advances

Question 6

The Dartmouth Atlas website presents evidence that this factor greatly influences the amounts and types of health care received by Medicare beneficiaries:

Accepted Answer

A)   geography
B)   education
C)   health literacy
D)   socioeconomic status

Question 7

The proportion of the U.S. population aged 65 and older is projected to grow from 12% in 2005 to 21% in 2050. This increase reflects both:

Accepted Answer

A)   the increased economic standard of living and medical innovations.
B)   medical innovations and increased life expectancy.
C)   higher median income and medical innovations.
D)   the aging baby boomer generation and increased life expectancy.

Question 8

The median income for older adults has declined in recent years. Reasons for this decline may include:

Accepted Answer

A)   falling interest rates.
B)   stock market shifts.
C)   housing market downturns.
D)   all of the above

Question 9

The increasing proportion of active and healthy years for older adults reflects:

Accepted Answer

A)   an improved life expectancy.
B)   an increasing number of years before disabilities are reported and an improved health care system.
C)   an increasing ability to recover from episodes of disability and technological advances that aid in the aging process.
D)   an increasing number of years before disabilities are reported and an increasing ability to recover from episodes of disability.

Question 10

This resource provides health insurance for 97% of Americans aged 65 and older:

Accepted Answer

A)   Medicaid
B)   Medicare Part D
C)   Medicare
D)   Employer-Sponsored Supplemental Insurance Plans (ESI)

Question 11

The dramatic increase in life expectancy in the United States from age 47.3 in 1900 to age 77.8 in 2004 was generated primarily by:

Accepted Answer

A)   a higher birth rate.
B)   public health activities.
C)   more doctors graduating from medical school.
D)   better prenatal care.

Question 12

Older adults obtain income from four primary sources:

Accepted Answer

A)   Social Security, savings, family, assets.
B)   Social Security, pensions and annuities, assets, earnings.
C)   Social Security, earnings, savings, trusts.
D)   Social Security, pensions and 401Ks, trusts, earnings.

Question 13

Analysis of relationships between socioeconomic status and health for older adults includes:

Accepted Answer

A)   life expectancy trends, income and assets, and health insurance coverage.
B)   health literacy, health insurance literacy, and financial stability.
C)   community health issues, health literacy, and financial stability.
D)   financial stability, community health issues, and health insurance literacy.

Exam 16: Economic Considerations of Aging