Which of the following statements about the Medicare Prescription Drug Improvement and Modernization Act of 2003 is not true?

A) Seniors may purchase various forms of coverage for prescription drugs.
B) The act provides coverage for seniors and people with disabilities.
C) Low-income seniors are subject to a $250 deductible.
D) Individuals can establish a health-savings account.


Answer: C

Business

You might also like to view...

Using financial leverage results in a fixed change that can materially affect the earnings available to the common shareholders

Indicate whether the statement is true or false

Business

What is production?

A. Material items or products that customer's will buy to satisfy a want or need. B. The rate at which goods and services are produced based upon total output given total inputs. C. Tasks performed by people that customer's will buy to satisfy a want or need. D. The process where a business takes raw materials and processes them or converts them into a finished product for its goods or services.

Business

What is a beachhead strategy and how does it contribute to a company's decision to internationalize?

What will be an ideal response?

Business

Point-of-purchase promotions work best for:

A. high-involvement products B. purchases that require extensive decision making C. complex products that require technical knowledge to operate D. impulse buys E. expensive products like perfume and jewelry

Business