Question

Please answer these questions as True or False. Its urgent please

1. As a tax exempt organization, it is required to file a form 10-K with the SEC each year. _____

2. One could likely find financial information about the organization by using the Federal Government’s IRS website. _____

3. If an individual is enrolled in Medicare, they cannot be enrolled in Medicaid and receive Medicaid benefits. __________

4. Had the Affordable Care Act (ACA) not been passed in 2010, the Medicare program would have incurred lower spending than they have since 2010. _______

Answer 1

1) False

Form 10K is to be filed by public floated companies within respective due dates.

2) True

IRS website contains financial information of the organisation and is available.

3) False

If an individual is eligible for both then he can have benefits of both Medicare and Medicaid. They both will work together to provide the health coverage and lower the costs.

4) True

ACA provides some free benefits which are included in Medicare Program and hence had ACA not been passed, Medicare program would have incurred lower spending than they have since 2010.