Reimbursement for Costs Associated with Intermediate and Custodial Care in a Nursing

question 27

Multiple Choice

Reimbursement for costs associated with intermediate and custodial care in a nursing facility or at home is provided by

• A)Medicare
• B)long-term care insurance
• C)disability income insurance
• D)HMOs

---

Definitions:

Expected Return

The weighted average of all possible returns for an investment, based on the probabilities of each outcome.

Portfolio

A portfolio is a collection of financial investments like stocks, bonds, commodities, cash, and cash equivalents, including closed-end funds and exchange traded funds (ETFs).

Covariance

A measure that indicates the extent to which two random variables change in tandem.

Expected Returns

The anticipated profit or loss from an investment over a specific period, often used to evaluate the attractiveness of a financial asset.