This topic contains a solution. Click here to go to the answer

Author Question: In a single payer model of healthcare, the government pays for all healthcare. Because patients ... (Read 105 times)

robinn137

  • Hero Member
  • *****
  • Posts: 544
In a single payer model of healthcare, the government pays for all healthcare. Because patients access healthcare at a zero or low cost, the quantity of healthcare services demanded exceeds the quantity provided.
 
  A) Both sentences are false.
  B) The first sentence is false; the second sentence is correct.
  C) The first sentence is correct; the second sentence is false.
  D) Both sentences are correct.

Question 2

You overhear the following in the hallway, Everyone eventually dies, so how can a life insurance company make a profit? Isn't it a losing battle? You will always have to pay the death benefit to your clients You know that life insurance compa
 
  can be profitable. This is because A) the premiums you pay on a life insurance policy are always more than any death benefit, so the insurance company always comes out ahead.
  B) older people with a greater probability of dying during the term of a policy are denied any death benefits.
  C) the insurance company collects more than enough in premiums today to cover expected benefits payable today.
  D) life insurance companies are notorious for cheating clients with fine print policy clauses.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

31809pancho

  • Sr. Member
  • ****
  • Posts: 317
Answer to Question 1

D

Answer to Question 2

C





 

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

For a complete list of videos, visit our video library