Many who people enter a nursing home as private-pay patients rapidly deplete their income and assets and thus become poor through a process known as The Spend-Down Process.
When an individual's income is too high to qualify for Medicaid, he or she may use a Medicaid spend down strategy. To be accepted into the program, the individual must spend down some of his or her income to ensure that his or her income is low enough to qualify for Medicaid. You can apply for Medicaid either through your state's Medicaid agency or through the Health Insurance Marketplace.
Individuals frequently must first complete an income or asset spend down in order to qualify for Medicaid. This means that a portion of the individual's income or assets must be spent, typically on health care and medical-related expenses. However, you could spend money on accumulated debt, such as a mortgage, a car, or credit card balances.
Learn more about Medicaid here:
brainly.com/question/13024687
#SPJ4
Answer:
True
Explanation:
Advertising is a form of non price competition.
If advertising increases brand loyalty ,it increases the number of people that would choose to patronise a particular brand forsaking other brands.
This gives the producer that enjoys brand loyalty the leeway to increase price because they are confident that consumers would not switch to other brands.
I hope my answer helps you
Answer: Subcontracting production
Explanation:
It is cheaper for ABC Company to subcontract the jobs than to hire and fire workers as needed. Even though the cost is similar when it comes to hiring permanent workers and training them vs subcontracting them, when the company needs to produce less goods, the cost of firing the permanent employees is simply too much.
For instance, 1,000 units out of the 4,000 units in the second quarter cannot be covered by the 30 workers they have. They will need to hire 10 additional workers and training them would cost $30,000. That is the same cost they would incur if they subcontracted (30 * 1,000 units = $30,000).
What happens in quarter 4 however, when they have to let go of 10 employees because production dropped by 1,000 units? They will have to pay $50,000. If they were subcontracting, they would not have to pay a dime. It is therefore better to subcontract.
Answer: Option A
Explanation: In simple words, licensing refers to an official permit or authorization to do, use, or own something . A license may be given as a component of an agreement between certain groups by a party to some other party. A short-term license definition is "permission to use licensed content.
In general, regulators can issue a license to permit an operation that would otherwise be prohibited. It may involve a charge to be charged or a skill to be proven.
The provision may also serve to protect the authorities aware of a type of activity and provide them with the opportunity to establish terms and restrictions.
