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Home Q & A Board Biology-Related Homework Help Medicine Medical Administration
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Jr1308 Jr1308
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5 years ago
Which of the following Medicare programs covers hospice care?
 
 Part A
  Part B
  Part C
  Part D


Which of the following is the markup rate for a drug that costs 23.88 and retails for 31.88?
 
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#1
5 years ago
Part A

Rationale: Medicare Part A covers hospice charges, as well as hospital care, skilled nursing facility care, nursing home care as long as custodial care is not the only care needed, and home health services.

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18

Rationale: The markup rate for a drug that costs 23.88 and retails for 31.88 is 18. This is calculated as follows: Retail price (31.88) minus Cost (24.88) = 7.00 . Divide the markup by the cost and multiply by 100: (7.00 / 24.88) x 100 = 18.
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