Which Statement Is True Regarding the Use of Home- and Community-Based

question 14

Multiple Choice

Which statement is true regarding the use of home- and community-based services?

• A)The vast majority of persons in need of long-term care services and covered by Medicaid reside in the community.
• B)Home- and community-based services have led to significant Medicaid cost savings.
• C)Most state governors avoid home- and community-based services because of their costs.
• D)Home- and community-based services are provided mostly by family members paid with Medicaid vouchers.

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Definitions:

New Goods

Products that have been recently introduced to the market, often featuring new technologies or innovations.

Core CPI

A measure of the underlying trends in the Consumer Price Index, excluding food and energy prices because they can fluctuate widely from month to month.

Consumer Price Index

An index measuring the change over time in the price of a basket of consumer goods and services, often used to assess inflation.

Year 3 Dollars

A term used to adjust financial figures according to inflation or deflation, making them comparable to the value of money in the third year of a specific reference period.