Explain the efficiency rationale behind the given proposal

Assignment Help Management Theories

Reference no: EM131499997

Question: When the Medicare prescription drug benefit was under legislative consideration, some suggested that the program should require individuals to decide about whether to accept the benefit when they enter the Medicare system, and to stick to that decision pennanently. That is, individuals either accept the prescription benefit and begin paying premiums as soon as they become eligible, or they can never enter the pro-gram. Explain the efficiency rationale behind this proposal.

Reference no: EM131499997

Questions Cloud

Applying for a particular position : Within the real estate industry, and many other industries, the goal of the cover letter is to distinguish you (competitive advantage) from other applicants.

What is there about the structure of medicare : In Boca Raton, Florida, doctors frequently lock their doors at lunch in order to prevent Medicare patients from crowding into the office while they're away.

Exchange traded fund and exchange traded vehicle : What is the difference between an "Exchange Traded Fund" (ETF) and an "Exchange Traded Vehicle" (ETV)?

Formal business communications : What role do you feel more traditional writing continues to play in today's business world? Is there still a role for formal business communications?

Explain the efficiency rationale behind the given proposal : When the Medicare prescription drug benefit was under legislative consideration, some suggested that the program should require individuals to decide.

Managing from the bottom up in organizations : The notion of a meaning-making forum is a relatively simple concept, which is akin to managing from the bottom up in organizations.

What keyword phrases would you need to use : What keyword phrases would you need to use? (Think of terms that would be beneficial when searching online.)

Choose one anxiety disorder to focus : Choose one anxiety disorder to focus on and write about in detail. Discuss its history, diagnostic criteria, etiology, demographics, treatments.

What is the total value of this firm if you ignore taxes : What is the total value of this firm if you ignore taxes?

User Account

All Pages