Question

Barriers to the growth of private long-term care insurance include:

Group of answer choices

a. confusion about Medicare benefits.

b. perceptions that it is a bad investment.

c. perceptions that premiums are too high.

d. Answers (a), (b), and (c) are correct.

Analyses in the past decade suggest that since the 1980s the medical arms race:

Group of answer choices

a. has accelerated with hospitals charging ever-higher prices for higher quality.

b. has led to more hospitals leaving rural markets.

c. has abated with hospitals facing competitive pressures with respect to price.

d. Answers (b) and (c) are correct.

Answer 1

1. Barriers to the growth of private long-term care insurance include confusion about Medicare benefits , perceptions that it is a bad investment , perceptions that premiums are too high. Hence, option(D) is correct.

2. Analyses in the past decade suggest that since the 1980s the medical arms race has abated with hospitals facing competitive pressures with respect to price. Hence, option(C) is correct.