Spending on Medical Programs Such as Medicare and Medicaid Has

question 65

Multiple Choice

Spending on medical programs such as Medicare and Medicaid has proven difficult to control because

• A)spending on Social Security has declined so significantly.
• B)state and local governments have refused to contribute to the costs of administering these programs.
• C)these programs are indexed to grow at two times the rate of inflation.
• D)of the growing number of people eligible, and because of rising health care costs.

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Definitions:

Disclaimer

A statement that denies responsibility or affiliation, often used to limit legal liability or to distance oneself from certain information or actions.

Unconscionable

A term applied to a contract in which one party has so much more bargaining power than the other party that the powerful party dictates the terms of the agreement and eliminates the other party’s free will.

Warranty Of Title

An assurance, inferred in every Uniform Commercial Code (UCC) sales transaction, that the seller has good and valid title to the goods and has the right to transfer the title free and clear of any liens, judgments, or infringements of intellectual property rights of which the buyer does not have knowledge.

UCC

The Uniform Commercial Code delivers a full suite of legal stipulations for handling commercial transactions across the United States.