Multiple Choice
Nick works for a law firm, which provides privately purchased health insurance for him. After leaving his pharmacist's office, Nick looks at his receipt and sees that his new medication costs $100. His insurance company paid $85, while Nick paid $15 out of pocket. Did the federal government affect the price of this medication?
A) no, because Nick's employer privately purchases his insurance
B) no, because the insurance company negotiates prices with the pharmacy
C) no, but it will be after health care reform takes effect
D) yes, through the Medicare reimbursement rate
E) yes, through federally mandated pricing tiers
Correct Answer:
Verified
Correct Answer:
Verified
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