Which of the Following Is a True Statement About Medicare

question 7

Multiple Choice

Which of the following is a true statement about Medicare for older adults?

• A) Eighty percent of Medicare's annual expenditures are for individuals with chronic illnesses.
• B) Medicare enrollees spend under $1500 annually for out-of-pocket expenses related to chronic illnesses.
• C) Complementary and alternative medicines (CAM) are not covered by Medicare.
• D) Medicare covers care for those who have trouble with activities of daily living.

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Definitions:

Electricity Generating Plants

Facilities that convert various forms of energy into electrical power, such as coal, natural gas, nuclear, solar, or wind energy.

Fixed Costs

Costs that do not change with the level of output produced, such as rent or salaries.

Operating Costs

Costs associated with the day-to-day running of a business, including rent, utilities, payroll, and raw materials, but excluding capital expenditures and debt service.

U.S. Electricity

Refers to the production, distribution, and consumption of electrical power within the United States.