Which of the Following Correctly Analyzes the Issues of the Costs

question 26

Multiple Choice

Which of the following correctly analyzes the issues of the costs of care related to long-term and palliative care?

• A) Most people age 65 and older either cannot afford or do not qualify for assistance by government programs for long-term health and palliative care.
• B) The majority of costs for government assisted programs like Medicare is due to long-term and palliative care and is projected to triple by the year 2050.
• C) Out-of-pocket expenses by families and individuals accounted for the majority of the 1995 nursing home care bill.
• D) Government assisted palliative care results in decreased hospital readmissions, but does not
• Save the hospitals any money overall, therefore these programs are difficult to justify.

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Definitions:

Fulfill

To achieve or complete a duty, requirement, or condition.

Futures Contract

A contractual arrangement to purchase or sell a specific asset or financial instrument at a fixed price on a future date.

Contract Size

The deliverable quantity of commodities or financial instruments underlying futures and options contracts that is specified by the contract.

Acceptable Price Range

The range of prices within which buyers and sellers are willing to transact, often determined by market conditions and personal valuation.