Which of the following statements regarding Medicare financing is not true?
Part A is funded by the payroll tax (Hospital Insurance Trust Fund)
Part B is funded by general revenue and premiums
Part C is not separately financed
Part D is funded solely by premiums paid by enrollees
Which of the following best fills in the blank? With the addition of short-term limited-duration insurance (STLDI) plans and association health plans (AHPs), other insurance companies' risk pools are more likely to see an increase of __________ people.
Sick
Healthy
Young
There will be no change in the risk pool
The correct answer is option B
Explanation : Medicare part B isn't't financed by general revenues but instead by social security.
The correct answer is healthy people
Which of the following statements regarding Medicare financing is not true? Part A is funded by...
Which of the following are concerns for insurance companies in 2019? Impact of more short-term, limited-duration insurance (STLDI) plans and association health plans (AHPs) on the risk pool Short-term, limited-duration (STLDI) plans and association health plans (AHPs) do not have to comply with ACA requirements All answers are concerns for 2019 Impact of the removal of the individual mandate on the risk pool The "Healthy You Health Plan" submitted its Medicare bid to CMS and was above the benchmark. What...
Someone post from a discussion question... (Respond to it) Medicare is a federal program that provides health coverage if you are 65+ or under 65 and have a disability, no matter your income. Medicaid is a state and federal program that provides health coverage if you have a very low income. Medicaid offers care to the poorest families while CHIP extends coverage to a larger number of children. Care through the Medicaid program may be more extensive, but the CHIP...
Which of the following statements is TRUE regarding the Affordable Care Act (commonly known by some as "Obamacare")? Please read each statement carefully. Treat each response below as its own Trua/False question. This is based off Box 13.3 in your textbook. Select one or more: a. If you do not get health insurance from your employer, and you are not eligible for Medicare or Medicald, you are required to purchase health insurance from a private company. If you do not,...
Which of the following statements is TRUE regarding the Affordable Care Act (commonly known by some as "Obamacare")? Please read each statement carefully. Treat each response below as its own Trua/False question. This is based off Box 13.3 in your textbook. Select one or more: a. If you do not get health insurance from your employer, and you are not eligible for Medicare or Medicald, you are required to purchase health insurance from a private company. If you do not,...
Please read the article and answer about questions. You and the Law Business and law are inseparable. For B-Money, the two predictably merged when he was negotiat- ing a deal for his tracks. At other times, the merger is unpredictable, like when your business faces an unexpected auto accident, product recall, or government regulation change. In either type of situation, when business owners know the law, they can better protect themselves and sometimes even avoid the problems completely. This chapter...