For a married couple, if one partner must enter a nursing home,
A. the assets of the household are split, and Medicaid will pay once the ill partner's assets are gone.
B. Medicaid will pay, but will seize all of the assets when the other partner dies.
C. Medicaid will pay, no questions asked.
D. the assets of both partners must be completely depleted before Medicaid will pay.
Answer: A
You might also like to view...
An example of moral hazard is
a. workers working diligently even though the boss is not looking b. health care insured dieting and exercising c. drivers of safer cars texting on their phones while driving d. borrowers investing their loan proceeds exactly as the bank requires
If one were to consider a university as a business, the computers in the computer labs would be regarded by economists as
a. technology flows. b. mechanization flows. c. part of the university's stock of capital. d. a flow of services from the university's stock of capital.
Yesterday the exchange rate was €1 = $1.30, and today it is €1 = $1.35. In this case the dollar has appreciated.
Answer the following statement true (T) or false (F)
When a country imposes a tariff to protect a domestic monopolist from international competition, it will produce _______ output and charge _______ in a perfectly competitive domestic industry.
a. more; a higher price than b. the same; the same price as c. less; a higher price than d. less; a lower price than