MHA 706 Midterm- Lord Questions & 100% Correct Answers- Latest Test | Graded A+ | Passe
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Course
MHA 706
Institution
MHA 706
Proprietorships & Partnerships: Pros & Cons
-:- Pros: Ease of Information, Subject to a few regulations, no corporation income
taxes.
Cons: Limited life, difficult to transfer, unlimited life, difficult to raise capital.
Corporations: Pros & Cons
-:- Pros: Unlimited life, easy transfer of o...
✓ -:- Provides hospital insurance automatically at age 65 (if FICA qualified) at no fee
but may have deductible & co-pay.
Medicare Part B
✓ -:- The part of the Medicare program that pays for physician services, outpatient
hospital services, durable medical equipment, and other services and supplies.
Medicare Part C (Medicare Advantage)
✓ -:- •Replaces and covers expenses found in Part A and B
•Medicare private fee-for-service plans (PFFS)
•Medicare managed care plans (HMOs and PPOs)
•Medicare specialty plans
Medicare—Part D Prescription Drug Coverage
3|Page | Grade A+| 2024/2025
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