What Are Some Possible Reasons for High and Rising Costs

question 116

Multiple Choice

What are some possible reasons for high and rising costs of health care?

• A)the use of sophisticated and high-priced equipment.
• B)medical personnel who command high earnings.
• C)innovative but costly treatment for some illnesses.
• D)the increasing number and longevity of elderly people.
• E)all of the other answers.

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Definitions:

Certify

To officially recognize, attest, or confirm something as true, accurate, or within a set of standards.

Heirs

Individuals legally entitled to inherit a deceased person's assets under statutory or testamentary succession laws.

Stop-payment Order

A request made to a bank by an account holder to not pay a check or payment that has been issued but not yet processed.

Defective

Refers to a flaw or imperfection in a product or service that makes it unsafe or unsuitable for its intended use.