Answer the following statement(s) true (T) or false (F)

1. Medicare is a government program of health insurance for the elderly. 
2. Exclusion of employer-provided health insurance to employees is an indirect subsidy to private provision of health insurance. 
3. Third-party payments for health care services increase the quantity of health care demanded by reducing out-of-pocket costs to patients. 
4. An increase in coinsurance and deductibles for health insurance can contribute to a reduction in expenditures on health care. 
5. Half of Americans do not have health insurance coverage. 


1. True
2. True
3. True
4. True
5. False

Business

You might also like to view...

Refer to the following list of liability balances at December 31, 2019.


What is the total amount of long-term liabilities?
A) $55,000
B) $109,000
C) $94,000
D) $40,000

Business

Describe how marketers can engage in social media

What will be an ideal response?

Business

With growing numbers of blogs, podcasts, and cable and talk radio shows, the nature of defamation has become more complex and more global

Indicate whether the statement is true or false

Business

To combat terrorism, many national governments such as the United States have a number of ______.

a. mandatory security programs b. security programs in which costs are billed to producers c. security programs in which costs are billed to consumers d. security programs financed from confiscation of bank accounts from the bad guys

Business