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ARE YOU A SAVVY PAYOR?

"The Savvy Payor Quiz"
 
1.) According to the report by the Agency for Health Research Quality, "Medical Errors: The Scope of the Problem," what did medical errors represent in wasted healthcare expenditures, on an annual basis?
 
A.) $22.3 billion
B.) $30.4 billion
C.) $37.6 billion
 
2.) What dollar amount of those wasted expenditures were thought to be "preventable errors,"according to the Agency for Health Research Quality?
 
A.) $17 billion
B.) $10 billion
C.) $15 billion
 
3.) In the Radley et al article, published in the "Archives of Internal Medicine,"  in 2006, which evaluated 160 commonly used drugs and the incidence of "off-label" prescribing, what were the researchers conclusions on the estimated number of "off-label" mentions among the 160 sampled medications?
 
A.) 100 million
B.) 150 million
C.) 200 million
 
4.) In the "World Health Report 2000," what did the U.S. spend on healthcare and what was their ranking on health system effectiveness?
 
A.) $1.4 trillion-37th place.
B.) $1.2 trillion-10th place.
C.) $1.7 trillion-5th place.
 
5.) Return-on-investment in healthcare expenditures means getting a maximum benefit for a minimal cost, or leading with the least invasive treatment and getting the greatest benefit, i.e., solving the medical problem. That being the definition, how does one explain the $1.4 trillion, annually, in U.S. healthcare expenditures and a ranking of 37th place?
 
A.) To paraphrase Barlett and Steele: "We're paying for a Hummer... when we don't need a Hummer."
B.) We need evidence-based medicine, in all specialties, and transparency in its absence.
C.) All of the above.
 
 
Answer Key:
 
1.) C
2.) A
3.) B
4.) A
5.) C
 
 
If you scored less than 100%, you need to get the facts. You need to become a savvy healthcare payor.
 
You need: "Alternative Medicine," the "Savvy Consumer's Guide to Healthcare," part of a "Health and Medical Issues Today" series,
which was released on December 20, 2006 by academic award-winning publisher, Greenwood Press.
 
For details or to order, go to www.greenwood.com, www.barnesandnoble.com,
www.bordersbooks.com, www.amazon.com or www.josephbeth.com and cue in "Alternative Medicine."
 
Knowledge is power, get some. "Alternative Medicine," because savvy payors like to know the facts.
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