Why is Medicare insulated from recessions? because many members lose their jobs
ID: 1167431 • Letter: W
Question
Why is Medicare insulated from recessions?
because many members lose their jobs at this time
because many members are already retired when they become members
because they only want to receive welfare and are plotting to overthrow the government
all of the above
none of the above
a.because many members lose their jobs at this time
b.because many members are already retired when they become members
c.because they only want to receive welfare and are plotting to overthrow the government
d.all of the above
e.none of the above
Explanation / Answer
In some countries, the medicare component of the retirement benefits can provide a cushion to Medicare industry from recession. Hence, option (b) is the likely answer.
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