Distinguish between cost shifting and cost containment in health care
What will be an ideal response?
Cost shifting occurs when merely the cost of health care is spread between more parties. Cost containment techniques attempt to reduce the actual cost of delivering proper health care. Cost shifting includes increasing deductibles and participation percents. Cost containment includes utilization review, generic drugs, and home health, hospice or skilled nursing care.
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Which of the following is not a condition that must be satisfied before interest capitalization can begin on a qualifying asset?
a. Interest cost is being incurred. b. Expenditures for the assets have been made. c. The interest rate is equal to or greater than the company's cost of capital. d. Activities that are necessary to get the asset ready for its intended use are in progress.
______________ - Business activity consists of holding shares of another company.
Fill in the blank(s) with the appropriate word(s).