Individuals Who Prefer Not to Enroll in Original Medicare Can

question 12

True/False

Individuals who prefer not to enroll in original Medicare can purchase supplemental policies called Medigap or Medicare Supplement plans.

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Definitions:

Primary Financial Records

Essential documents that record and detail the financial activities and condition of a business or individual, such as income statements, balance sheets, and cash flow statements.

Benchmarking

The process of comparing one's business processes and performance metrics to industry bests or best practices from other industries.

Financial Ratios

Quantitative measures derived from financial statements used to evaluate a company's financial performance and condition.

Cash Flow Management

The process of monitoring, analyzing, and optimizing the net amount of cash receipts minus cash expenses in a business.