Which of the following is the largest source of financing for nursing home care?
Private long-term care insurance
Medicaid
Medicare
Private out-of-pocket payments
The Correct Answer is B
Rationale:
A. Private long-term care insurance: While private long-term care insurance can help cover the costs of nursing home care for individuals who have purchased policies, it is not the largest source of financing for nursing home care.
B. Medicaid: Medicaid is the largest source of financing for nursing home care in the United States. It provides coverage for low-income individuals who meet eligibility criteria, including coverage for long-term care services such as nursing home care.
C. Medicare: While Medicare provides limited coverage for skilled nursing facility care following a hospital stay, it is not the largest source of financing for nursing home care overall.
D. Private out-of-pocket payments: Private out-of-pocket payments, including payments made by individuals or their families, contribute to financing nursing home care but are typically not as significant as Medicaid.
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Naxlex Comprehensive Predictor Exams
Related Questions
Correct Answer is A
Explanation
A. A nonfederal short-stay hospital whose services are available to the general public: Community hospitals are defined as nonfederal short-stay hospitals that provide a range of services to the general public and are accessible to all members of the community.
B. Nongovernment and privately owned: While many community hospitals may be privately owned, this option does not encompass the full definition as it excludes government-owned hospitals that serve the community.
C. Government ownership (federal, state, or local): Community hospitals can be government- owned, but this answer does not capture the full scope of what defines a community hospital.
D. Often located in large urban areas: Community hospitals can be found in both urban and rural areas, so this answer is not sufficiently inclusive.
Correct Answer is B
Explanation
Rationale:
A. The United Kingdom: The United Kingdom has a publicly funded healthcare system
(National Health Service), which typically has lower healthcare costs compared to the United States.
B. The United States: The United States consistently has the highest healthcare costs per capita among developed countries due to factors such as high administrative costs, pharmaceutical prices, and utilization rates.
C. Canada: Canada has a publicly funded healthcare system (Medicare), which generally has lower healthcare costs compared to the United States.
D. Jamaica: Jamaica's healthcare system is characterized by resource constraints, and healthcare costs are typically lower compared to those in the United States.
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