When setting reimbursement rates, states must
A. pay what private insurance companies pay in the state.
B. pay enough so that adequate services are available.
C. pay the median rate charged by physicians in the state for each procedure.
D. follow a uniform national standard.
Answer: B
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Why does the short-run aggregate supply curve slope upward?
What will be an ideal response?
The market demand curve for a particular good
A. may or may not show a direct relationship between price and quantity demanded. B. may be less than an individual demand curve for the good. C. is the horizontal sum of all individual demand curves for the good. D. will not be affected by any of the determinants of individual demand.
A quota subscription is
A. the maximum amount of funds that can be drawn at the World Bank without a formal proposal. B. when an investor sets limits on the proportion of their portfolio that will contain foreign investments. C. a nation's account at the International Monetary Fund. D. the maximum amount that a private investor can invest in foreign firms.
A legal claim against a firm that usually entitles the owner of the claim to receive a fixed annual coupon payment, plus a lump-sum payment at some future date, is known as
A. a bond. B. a share of preferred stock. C. a reinvestment coupon. D. a share of common stock.