Indicate whether the statement is true or false, and justify your answer.The primary sources of funding for Medicaid are payroll taxes (paid by workers), and premiums, deductibles, and copayments (paid by patients).
Indicate whether the statement is true or false, and justify your answer.The primary sources of funding for Medicaid are payroll taxes (paid by workers), and premiums, deductibles, and copayments (paid by patients).
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Indicate whether the statement is true or false, and justify your answer.
The primary sources of funding for Medicaid are payroll taxes (paid by workers), and premiums, deductibles, and copayments (paid by patients).
Expert Solution
Step 1
The given statement is False
Medicaid or medical facilities are designed in such a manner that it will charge low cost or no cost from its patients. Government medical programs are designed by government officials with the collaboration of the health and medical experts. All the facilities are available at a very low cost or at no cost.
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