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1. True, False, Uncertain (12 pts) State whether each of the following statements is true, false or uncertain. Explain and support your answer. There is not necessarily one right answer to these questions. All the credit is in the explanation (but you must state T, F, or U). a. The primary source of funding for the Medicare program is from premiums assessed on the elderly population, which is the primary population enrolled in the program. b. The primary sources of funding for Medicaid are payroll taxes (paid by workers) and premiums, deductibles, copayments (paid by patients). c. Most state workers’ compensation programs provide temporary disability benefits to injured workers at approximately 67% of the worker’s pre-injury wage. This is an attempt to reduce adverse selection. d. General assistance programs typically have greater political support than social insurance programs, because general assistance programs are designed for low-income families, who cannot afford insurance on their own.

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1.    True, False, Uncertain (12 pts)State whether each of the following statements

is true, false or uncertain. Explain and support your answer. There is not necessarily one right answer to these questions. All the credit is in the explanation (but you must state T, F, or U).

a.    The primary source of funding for the Medicare program is from premiums assessed on the elderly population, which is the primary population enrolled in the program.

b.    The primary sources of funding for Medicaid are payroll taxes (paid by workers) and premiums, deductibles, copayments (paid by patients).   

c.    Most state workers’ compensation programs provide temporary disability benefits to injured workers at approximately 67% of the worker’s pre-injury wage. This is an attempt to reduce adverse selection.

d.    General assistance programs typically have greater political support than social insurance programs, because general assistance programs are designed for low-income families, who cannot afford insurance on their own.

 
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