aside from a stand-alone medicare prescription drug plan, how else could a medicare-eligible consumer get part d prescription drug coverage?
Answers
Aside from a standalone Medicare Prescription Drug Plan (Part D), Medicare-eligible consumers can also get Part D prescription drug coverage through the following options: Medical advantage prescription drug plan, employer- sponsored coverage, program of all inclusive care for the elderly etc.
1.Medicare Advantage Prescription Drug (MAPD) Plans: Medicare Advantage plans, also known as Medicare Part C, are offered by private insurance companies approved by Medicare. These plans combine Medicare Parts A (hospital insurance), B (medical insurance), and often Part D (prescription drug coverage) into a single plan. By enrolling in a MAPD plan, beneficiaries receive all their Medicare benefits, including prescription drug coverage, through one plan.
2.Employer-Sponsored Coverage: Some employers provide prescription drug coverage to their retired employees through employer-sponsored plans. If you have employer-sponsored coverage, which is considered creditable coverage (equal to or better than Medicare's prescription drug coverage), you may delay enrolling in Part D without incurring penalties. It is crucial to check with your employer to ensure your coverage is creditable.
3.Program of All-Inclusive Care for the Elderly (PACE): PACE is a Medicare and Medicaid program designed to provide comprehensive medical and social services for individuals aged 55 and older who qualify for nursing home care but prefer to live in their communities. PACE programs generally include prescription drug coverage as part of their comprehensive services.
4.Extra Help (Low-Income Subsidy): Medicare beneficiaries with limited income and resources may qualify for Extra Help, also known as the Low-Income Subsidy (LIS). This program assists with the costs of Medicare prescription drug coverage, including premiums, deductibles, and copayments. If you qualify for Extra Help, you will automatically be enrolled in a Medicare Part D plan or assigned to a plan if you don't choose one.
These are some of the alternative ways a Medicare-eligible consumer can obtain Part D prescription drug coverage.
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Related Questions
Which statement is true?
1. bank interest lower than inflation means more purchasing power.
2. Nominal rates are an accurate figure of purchasing power.
3. Real interest measures the power of the saved money.
4. Real interest is the rate quoted in loan and deposit agreements.
Answers
3. Real interest measures the power of the saved money. This statement is true.
What is real interest rate?
A loan's or deposit's interest rate that has been prorated for inflation is known as the real interest rate. It indicates the actual rise in buying power brought about by an investment after taking inflation into account. Subtracting the rate of inflation from the nominal interest rate yields the real interest rate. For instance, the actual interest rate would be 1% (3% - 2%), if a savings account pays 3% interest and the rate of inflation is 2%.
After accounting for inflation, this indicates that the savings account's buying power has grown by 1%. Inflation-related buying power loss is shown by a negative real interest rate, whereas a growth in purchasing power is indicated by a positive real interest rate. In other words, the real interest rate, which accounts for the effects of inflation, gives a more realistic picture of the underlying return on an investment or the true cost of borrowing.
Real interest rate is the nominal interest rate adjusted for inflation, and it reflects the true increase in purchasing power resulting from an investment. A positive real interest rate indicates that an investment has increased purchasing power, while a negative real interest rate means the investment has lost purchasing power due to inflation.
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to take advantage of the power of compounding, what should you do with the money an investment produces?
Answers
To take advantage of the power of compounding, reinvest the earnings generated by the investment. This will help in increasing the principal investment amount and, consequently, lead to increased profits.
Compounding is a phenomenon in which the interest generated by an investment is reinvested, resulting in an exponential increase in the value of the principal. It is the process of generating returns on reinvested earnings on an asset.
The act of taking the earnings from an investment and reinvesting them back into the same investment is referred to as reinvestment. In the case of compound interest, the income earned on investment is reinvested, generating additional income for future periods. For example, a $10,000 investment with an annual interest rate of 8% that is compounded annually would grow to $21,589.61 after ten years. If the interest is compounded quarterly, the investment would be worth $22,052.92 after ten years, which is a significant difference.
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Your brother has asked you to help him with choosing an investment. He has $5,000 to invest today for a period of two years. You identify a bank term deposit that pays an interest rate of 4.25 percent with the interest being paid quarterly. What will be the value of the investment in two years?
Answers
How to Apply the Rule of 72. According to the Rule of 72, $1 invested at a 10% yearly constant interest rate would increase to $2 after 7.2 years ((72/10) = 7.2). In reality, a 10% investment will double in 7.3 years ((1.107.3 = 2)).
How much entertainment, compounded annually, would it take to double a fund in six years?You may also calculate it backwards: divide 6 by 72 to get that a hobby charge of roughly 12 percent will be needed if you want to quadruple your money in six years.
What hobby costs how much per year if you want to double your money in three years?How to Apply the Rule of 72. For instance, the Rule of 72 stipulates If you want to double your money in three years, your investments must provide annual returns of between 21% and 24% (72/3 years). Similar to this, if you want to double your money in five years, your assets must grow at a rate of about 14.4% per year (72/5).
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In terms of their place on the diffusion of innovation curve, innovators are the ______ category of consumers
Answers
In terms of their place on the diffusion of innovation curve, innovators are the first category of consumers.
The diffusion of innovation theory describes the process by which a new product or idea is adopted by consumers. The theory divides consumers into five categories: innovators, early adopters, early majority, late majority, and laggards.
Innovators are the first group of consumers to adopt a new product or idea. They are typically adventurous and willing to take risks, and they are often characterized by their high degree of interest in technology and innovation. Innovators are a small percentage of the population, usually around 2.5%, and they tend to be influential in shaping the perceptions of the product or idea among the larger population.
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On January 1, year 1, Clem Corp. purchased equipment for $160,000. The equipment has a residual value of $10,000, and has a life of 100,000 hours. Clem uses the activity-based method of depreciation. In year 1, Clem used the machine 2,000 hours, and in year 2, Clem used the machine 3,000 hours. What is the depreciation expense for year 2?
Answers
Based on the information given the depreciation expense for year 2 is $4,500.
First step is to calculate depreciation rate per unit
Depreciation rate per unit = ($160,000 - $10,000)/100,000 hours
Depreciation rate per unit=$150,000/100,000 hours
Depreciation rate per unit = $1.50 per machine hour
Second step is to calculate Year 2 depreciation
Year 2 depreciation=3,000 hours x $1.50
Year 2 depreciation= $4,500
Inconclusion the depreciation expense for year 2 is $4,500.
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Which of the following parts of a business plan include the cash flow projection and profit and loss projection?
Answers
Business description and structure. This is where you explain why you're in business and what you're selling. ...
Market research and strategies. ...
Management and personnel. ...
Financial documents.
peter is a senior partner at his law firm and is an important member of his church and community. both his children are in college. peter's situation is most representative of which period of development?
Answers
Based on the fact that peter is a senior partner at his law firm, an important member of his church & community and also, his children are in college. Hence, his situation is most representative the period of development known as middle adulthood.
What is a period of development?In human development, the period of development is classified into 4 development which includes an infancy, childhood, adolescence, and adulthood.
The middle adulthood, as period of development begins around age 40 and ends at age 65. This period is marked by a narrowing life options, shrinking future as children leave home and career paths become more determined.
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What option Rimilia provides to find all combination of transactions that make up the payment amount
Answers
The option provided by Rimilia to find all combinations of transactions that make up the payment amount is called "Auto-Matching".
What is Auto-Matching?Auto-Matching is a feature in Rimilia's accounts receivable automation software that matches incoming payments to open invoices using artificial intelligence and machine learning.
It can analyze thousands of transactions in seconds, matching each payment to one or more invoices, and identifying any discrepancies.
With Auto-Matching, Rimilia can identify which combination of invoices, credit notes, and debit notes make up a payment amount. It can also automatically apply cash, identify underpayments or overpayments, and manage disputes or exceptions.
This helps to streamline the accounts receivable process and improve cash flow management for businesses.
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The options are:
Cash
Debit cards
Mobile payments
Credit cards
internet banking
checks
auto matching
Aryn and Mary started at the organization on the same day. Both are hard workers and perceive that they are equitably rewarded for their efforts. According to equity theory, it is likely that both will __
Answers
Answer:
Both will continue to put forth effort
Explanation:
I remeber this question from a hw
The ultimate impact of goals depends on the extent to which goal achievement is linked to:
a. rewards.
b. salary increases.
c. promotions.
d. All of these.
Answers
The ultimate impact of goals depends on the extent to which goal achievement is linked to rewards, salary increases, promotions, or other incentives.
If employees perceive that achieving goals will lead to desirable outcomes, they are likely to be more motivated to work towards those goals. Rewards can take many forms, such as bonuses, recognition, or other forms of compensation. Similarly, salary increases and promotions are often tied to performance goals, so employees who achieve their goals are more likely to receive these benefits. In general, linking goal achievement to incentives is a key driver of motivation and can help to increase employee engagement and performance.
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On August 31 of the current year, Pine Corp. issued 100,000 shares of its $20 par value common stock for all of the net assets of SAP, Inc. The collection of assets and liabilities acquired do not meet the definition of a business under ASC 805. The fair value of Pine's common stock on the acquisition date was $63 per share. Pine paid a fee of $164,000 to the consultant who arranged this acquisition. Costs of registering and issuing the equity securities amounted to $89,000. What amount should Pine record in total for the net assets acquired?
Answers
The amount that Pine Corp. should record for the net assets acquired is $6,300,000.
How much should Pine Corp. record?The amount that should be recorded as the total for net assets acquired, is the fair value of the shares sold to finance the purchase.
In this case that is:
= 100,000 shares x 63 per share
= $6,300,000
In conclusion, $6,300,000 should be recorded.
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1. Entrepreneurship Def: Human effort that takes(missing word) the of bringing the other 3 factors of production (Land, Labour, Capital) together to a good or service.
Answers
for which person would renting a home be a better option than getting a mortgage?
Answers
Answer:
Someone who wants ro avoid spending time and money on maintenace
Explanation:
Mr. Chopra decides to sell his business shares to the public to acquire additional finance. Under which component in the balance sheet should Mr. Chopra show the money he obtained from the shareholders?
Answers
When Mr. Chopra sells his business shares to the public and acquires additional finance, the money obtained from the shareholders should be shown under the "Equity" component in the balance sheet.
The component in the balance sheet should Mr. Chopra show the moneyEquity represents the ownership interest in a company, and it includes the funds contributed by shareholders in exchange for shares of the company's stock. When shares are sold to the public, the proceeds from the sale increase the equity of the business. This is typically reflected as "Share Capital" or "Common Stock" in the equity section of the balance sheet.
By showing the money obtained from the shareholders in the equity section, Mr. Chopra can accurately represent the ownership stake and financial position of the company.
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bill, who is unmarried, is selling his rental home and plans to put off buying another home for five years. he earns $325,000 annually, putting him in the highest tax bracket at 23.8 percent. if he nets $200,000 on the transaction, how much will his tax liability be for the capital gain portion of his return only?
Answers
Bill's tax liability for the capital gain portion of his return only, having earned $325,000 annually and netting $200,000 on the transaction and putting him in the highest tax bracket of 23.8% is $47,600.
What are capital gains?Capital gains refer to the income that one earns from selling a non-inventory asset. The difference between the cost of the asset and the amount you sold it for, as well as any transaction costs, is referred to as a capital gain. You'll need to know how long you kept the asset before selling it to figure out your capital gains tax liability. This is because assets are categorized as either long-term or short-term depending on how long they are kept.
The taxes that one is liable to pay is dependent on one's income bracket, and the percentage is also dependent on that income bracket. Because Bill nets $200,000 on the transaction and is in the highest tax bracket at 23.8%, his tax liability for the capital gain portion of his return only will be $47,600.
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at the end of 2021, koosharem corp. calculated and recorded $50,000 in depreciation on a building that it had purchased five years earlier. how will this depreciation affect koosharem’s 2021 financial statements?
Answers
The effect of depreciation on koosharem’s 2021 financial statements is that it would lead to a decrease in the net income and a decrease in assets.
Depreciation is a method that is used to decrease the carrying value of an asset due to wear and tear.
There are different methods that can be used to determine the depreciation of an asset. They include:
The double-declining method The straight line deprecation methodThe unit of production depreciation method Sum of the years deprecation method.Building is considered as an asset to the business. It is a type of fixed asset. The carrying value of the building on the balance sheet would be reduced by $50,000. Depreciation is an expense. This would lead to an expense of $50,000 which would reduce net income by the same amount.
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Genes can be turned on or turned off; not all genes are active at one time.
O False
O True
Answers
Answer:
False
Explanation:
explanation
Physician, veterinarian, and medical laboratory careers are all in the _____ Career Cluster. Government and Public Administration Finance Education and Training Health Science
Answers
Answer:
health science
Explanation:
took the test
The careers of Physician, Veterinarian, and Medical Laboratory fall within the "Health Science" Career Cluster. Therefore, option D is correct.
The realm of Health Science encompasses a tapestry of vital professions that embrace wellness, healing, and discovery. With careers such as Physician, Veterinarian, and Medical Laboratory expertly interwoven, this dynamic cluster unravels the mysteries of human and animal health.
It stands as a beacon of care, fostering collaboration between medical experts and researchers to unlock new frontiers. From diagnosing ailments to safeguarding public health, Health Science cultivates resilience.
Nurturing a symphony of knowledge, it harmonizes the melodies of medical advancement, safeguarding lives, and enriching our understanding of the intricate symphony of life.
Therefore, option D is correct.
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Most probably, your complete question is this:
Physician, veterinarian, and medical laboratory careers are all in the _____ Career Cluster.
A) Government and Public Administration
B) Finance
C) Education and Training
D) Health Science
Marcus volunteers for an organization that cleans up
the neighborhood park. Each volunteer is assigned to
a different section of the park to pick up trash and pull
weeds
Which motivation for giving is described in this
paragraph?
to gain recognition
to develop new skills
to support an institution
to give back to the community
Answers
Answer:
D. To give back to the community
I got it right on Edgenuity
D. to give back to the community is the motivation for giving is described in this paragraph.
What is motivation and why is it important?Motivation reflects something specific approximately each one of us and allows us to advantage valued outcomes like progressed performance, improved wellbeing, personal growth, or a feeling of reason. Motivation is a pathway to alternate our way of thinking, feeling, and behaving.
What is motivation examples?Motivation is defined as the reasons why you're doing something, or the level of desire you need to do something. in case you want to lose weight to get more healthy, this is an example of motivation to enhance your health.
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A monopsonist faces a market labor supply curve w = 40 + 2L, where w is the wage rate and Lis the number of workers employed. If the firms labor demand curve is w = 200 − L, what isthe optimal wage rate and quantity of labor employed? w = 104 and L = 32
Answers
A wage rate is the price of labor per unit of time, typically an hour or a day. It refers to the amount of money paid by an employer to an employee in exchange for the work performed.
To find the optimal wage rate and quantity of labor employed by the monopsonist, we need to equate the marginal cost of labor to the marginal revenue product of labor.
The marginal cost of labor for the monopsonist is given by the labor supply curve, which is:
MC = d(wL)/dL = w + L(dw/dL) = 40 + 2L + L(0) = 40 + 2L
The marginal revenue product of labor for the monopsonist is given by the labor demand curve, which is:
MRP = d(Rev)/dL = d(wL)/dL = w + L(dw/dL) = 200 − L + L(−1) = 200 − 2L
Setting MC = MRP, we get:
40 + 2L = 200 − 2L
Solving for L, we get:
4L = 160
L = 40
Substituting L = 40 into the labor demand curve, we get:
w = 200 − L = 200 − 40 = 160
Therefore, the optimal wage rate is w = 160 and the quantity of labor employed is L = 40.
However, we need to check whether this wage rate lies on the labor supply curve. Substituting w = 160 into the labor supply curve, we get:
160 = 40 + 2L
2L = 120
L = 60
Since L = 60 is greater than the optimal quantity of labor employed (L = 40), the wage rate of w = 160 is not feasible.
To find the feasible wage rate, we can use the midpoint formula:
w = (MC + MRP)/2
Substituting MC = 40 + 2L and MRP = 200 − 2L, we get:
w = (40 + 2L + 200 − 2L)/2
w = 120
Substituting w = 120 into the labor supply curve, we get:
120 = 40 + 2L
2L = 80
L = 40
Therefore, the optimal wage rate is w = 120 and the quantity of labor employed is L = 40.
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2-3 personal experience of exploitation as a consumer
Answers
Answer:
Explanation:
Exploitation often involves a denial of an individual's right (in this case a consumer's right).
Consumers are often exploited in this three areas:
Poor quality standard: For example, one may purchase an electronic device, which in most cases the quality level is determined only after using the product and then discover that the product has failed to meet expectations like performance failure.
High Prices: This is often happens when a consumer isn't aware of the average price of a particular product and may be the taken advantage of by the seller.
False or Incomplete product description: Online shopping often presents this type of exploitation. For example, an individual may buy a wrist watch he thinks is made of silver, but receives the item an discover it is actually made of rubber material.
4. according to the general aggression model, repeated exposure to aggressive models in films or video games may increase a person’s level of aggressiveness by ________.
Answers
According to the general aggression model, repeated exposure to aggressive models in films or video games may increase a person's level of aggressiveness by both priming aggressive thoughts and cognitions and by desensitizing individuals to violent behavior.
This is because exposure to media violence can lead to the normalization of violent behavior and reduce an individual's empathy toward victims of violence.
Moreover, repeated exposure to aggressive models can result in the development of aggressive scripts or mental representations of aggressive behavior that can guide individuals' responses to social situations.
Therefore, the more an individual is exposed to violent media, the more likely they are to adopt aggressive thoughts and behavior, particularly when provoked or frustrated.
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which of the following question types of specific values to determine the importance of a particular item?
force choice
open ended
rank order
rating scale
Answers
Answer:
I think Its C: Rank order
Explanation:
natural unemployment equals _____ unemployment plus _____ unemployment.
Answers
Thomas company uses a standard cost system and recognizes the materials purchase price variance at the time materials are purchased. information for raw materials for product rbi for the month of october follows: standard unit price $1.80 actual purchase price per unit $1.65 actual quantity purchased 4,000 units actual quantity used 3,900 units standard quantity allowed for actual production 3,800 units what is the materials purchase price variance?
Answers
Answer: $600F
Explanation:
Given the following :
standard unit price - $1.80
actual purchase price per unit - $1.65
actual quantity purchased - 4,000
units actual quantity used - 3,900
units standard quantity allowed for actual production - 3,800 units
Material purchase price variance = ( Actual unit price of material - standard unit price of material) × Actual unit of material purchased
($1.65 - $1.80) × 4000
( $0.15) × 4000
$600F (Favorable) because standard price is higher than actual price
When introducing a new vehicle targeted to the under-30 population, Toyota used several different methods of communication. First, it did research in several large cities to find out who the opinion leaders were in that age group. By visiting the local nightlife, one or two people in each city were selected and given a new vehicle to drive for two weeks. They were told to share information about this new vehicle with their friends. After a few weeks, then a television campaign was launched with commercials introducing the new vehicle. Toyota also placed ads in magazines that were targeted to the under-30 age group, and used drive-by billboards in the large cities near the nightclub areas. Reference: Ref 16-1 Suppose Toyota also offered the dealership salespeople a trip to Hawaii for anyone who could sell ten of the new vehicles within the first month they were available? This tactic would be an example of _____ marketing, while the TV commercials described above would be an example of ________ marketing.
Answers
Answer:
This tactic would be an example of __push___ marketing, while the TV commercials described above would be an example of _____pull___ marketing.
Explanation:
Push marketing is only a promotional strategy as it does not target any customer. The purpose of push marketing is just to increase the reach. This strategy focuses on selling an existing supply of a product
While pull marketing is an attempt to create direct consumer. The purpose of this marketing is to generate demand for a product/service.
Hence, This tactic would be an example of __push___ marketing, while the TV commercials described above would be an example of _____pull___ marketing.
PLEASE HELP QUICKLY: (FIRST ANSWER GETS BRAINLIEST)
Michael keeps hearing a lot about stocks, bonds, and other types of investments, but he has no idea where to begin when it comes to investing. He is looking for an expert help him take his money and make investment purchases for him. Which type of business will best fit Michael’s interests?
brokerage firm
web-only financial institution
stock-held savings institution
Answers
Answer:
stock-held savings institution
Explanation:
Answer:
Explanation:
brokerage firm
a scrum team consists of the following a. project manager b. program manager c. product owner d. product manager
Answers
The following individuals make up a Scrum Team: developers, product owners, and scrum masters.
Who makes up the scrum team?The Scrum master, the product owner, and members of the development team make up a Scrum team. Many people like the Scrum project management process. A Scrum Team is a group of people who collaborate to deliver the committed and desired product increments. All work that is completed for the customer inside the Scrum Framework is done by dedicated Scrum A Scrum Team needs everyone on the team for it to function successfully. Actually, a rugby scrum served as its inspiration. In order to work together to advance the ball, the rugby team forms what is known as a scrum.
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To start your home water delivery service immediately, call us at 1-800-555-1111 is an example of ________.
a. reducing resistance
b. building interest
c. gaining attention
d. motivating action
Answers
To start your home water delivery service immediately, call us at 1-800-555-1111 is an example of motivating action.
What do you mean by motivating action?Inspiration and motivation are different because inspiration provides you the idea while motivation prompts you to act on it.
In business, inspiration is crucial for coming up with fresh ideas for managing and growing your organization, and motivation ensures that staff members will put in the necessary effort to see your plans through to success.
There are a number of business motivational techniques that can energize your staff to turn inspiration into reality. Maintaining open lines of communication with your staff is one effective motivational method.
Even the finest managers are aware that no one in the firm is more familiar with their daily tasks than the employees themselves.
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Compared to a short-term investment, what is the general return of a long-term investment? A) A long-term investment has a similar return to a short-term investment.
B) A long-term investment has a greater return because it has greater risk.
C) A long-term investment has a greater return because it has lower risk.
D) A long-term investment has a lower return because it has lower risk.
Answers
Let understand that "short-term investment" are investments that can be easily converted to cash and has a maturity period of less than a year. Example of this investment are Money Market.
"Long term investment" are investment that runs over a long period of time and yield higher return than the short-term investment". Example of these investment are stocks, bonds, real estate
People invest in "Long term investment" because its offers more risk for higher rewards.
In conclusion, long-term investment has a greater return because it has greater risk.
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Answer:
Compared to short-term investment, what is the general return of long-term investment?
Long-term investment has a similar return to short-term investment.Long-term investment has a greater return because it has greater risk.Long-term investment has a greater return because it has lower risk. <<<CORRECTLong-term investment has a lower return because it has lower risk.Explanation:
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