As an alternative to the Original Medicare Plan, beneficiaries can elect to enroll in private health insurance plans that cover all services that the Original Medicare Plan covers except hospice care. These private health insurance plans that are an alternative to the Original Medicare Plan are called A) Medigap Insurance Programs. B) PACE Programs. C) […]
Nancy was injured when she drove her car through a stop sign and was struck by Philip’s car. Philip saw Nancy and could have stopped. However, he failed to do so since he had the right-of-way. Nancy can recover damages from Philip under which of the following legal doctrines? A) vicarious liability B) the last […]
Which of the following statements about the impact of the implementation of the Affordable Care Act (ACA) on workers compensation is true? A) Implementation of the ACA will increase fraudulent workers compensation claims. B) Implementation of the ACA will create higher healthcare provider prices. C) Implementation of the ACA will reduce the waiting time to […]
A serious current concern with the Social Security program is the depletion of the Disability Income Trust Fund. Each of the following contributed to the depletion of the fund EXCEPT A) aging of the workforce and baby boomers B) changing to a less stringent definition of disability C) the increased number of women in the […]
Which of the following statements about torts is (are) true? I. The person who is injured or harmed by a tort is called a plaintiff or claimant. II. The punishment for committing a tort is damages in the form of money. A) I only B) II only C) both I and II D) neither I […]
Shareholders react to poor investment or dividend decisions by causing the total value of the firm’s stock to fall, and they react to good decisions by bidding the price of the stock up. Indicate whether the statement is true or false ANSWER TRUE
Which of the following statements about Social Security disability benefits is true? A) Benefits replace ninety percent of a disabled person’s work earnings. B) A waiting period is not required for Social Security disability benefits. C) Social Security disability benefits are limited to a maximum duration of 60 months. D) A strict definition of disability […]
An important current issue in state workers compensation programs is the overuse of a certain category of pain-killing drugs. These drugs have been associated with drug overdoses and drug addiction. This category of drugs is called A) hypertension drugs. B) statins. C) opiates. D) beta-blockers. ANSWER Answer: C
Which of the following statements concerning Medicare Prescription Drug Plans is (are) true? I. The monthly premium is based on the health status of the beneficiary and the number of prescriptions the beneficiary needs. II. After the beneficiary has paid an initial deductible, Medicare pays the entire cost of all prescription drugs the beneficiary needs. […]
All of the following statements about the Medicare Prescription Drug Plan are true EXCEPT A) Medicare prescription drug coverage is available to all Medicare beneficiaries. B) Medicare prescription drug coverage is funded exclusively through the Part A payroll tax. C) The Medicare prescription drug program provides financial help for beneficiaries with limited income and financial […]
