Find all School-related info fast with the new School-Specific MBA Forum

It is currently 20 Sep 2014, 16:32

Close

GMAT Club Daily Prep

Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track
Your Progress

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History

Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.

Events & Promotions

Events & Promotions in June
Open Detailed Calendar

A government agency that reimburses its clients for bills

  Question banks Downloads My Bookmarks Reviews Important topics  
Author Message
TAGS:
Director
Director
avatar
Joined: 14 Sep 2005
Posts: 998
Location: South Korea
Followers: 2

Kudos [?]: 31 [0], given: 0

GMAT Tests User
A government agency that reimburses its clients for bills [#permalink] New post 07 Dec 2005, 07:19
00:00
A
B
C
D
E

Difficulty:

(N/A)

Question Stats:

0% (00:00) correct 0% (00:00) wrong based on 1 sessions
A government agency that reimburses its clients for bills they have paid for medical care had had this year's budget cut. To save money without cutting reimbursements or otherwise harming clients financially, it plans to delay reimbursement to clients for fotry days, thereby earning $180 million per year in interest on the reimbursement money.

Which of the following, if true, is the best criticis, of the agency's plan?

(A) Hospitals and physicians typically hold patients responsible for the ultimate payment of their bills.

(B) The agnecy cannot save money by cutting staff because it is already understaffed.

(C) Some clients borrow money to pay their medical bills; they will pay for extra days of interest on these loans.

(D) Some clients pay their medical bills immediately, but they often take more than forty days to file with the agency for reimbursement.

(E) the agency's budget was cut by more than $180 million last year.
_________________

Auge um Auge, Zahn um Zahn :twisted: !

Senior Manager
Senior Manager
avatar
Joined: 11 May 2004
Posts: 460
Location: New York
Followers: 1

Kudos [?]: 9 [0], given: 0

GMAT Tests User
Re: CR - Medical bill [#permalink] New post 07 Dec 2005, 07:24
Should be C

We need to show that the new plan still has a negative impact on the clients. If the clients are borrowing funsd to pay for bills, the increased interests costs can be a financial burden.


gamjatang wrote:
A government agency that reimburses its clients for bills they have paid for medical care had had this year's budget cut. To save money without cutting reimbursements or otherwise harming clients financially, it plans to delay reimbursement to clients for fotry days, thereby earning $180 million per year in interest on the reimbursement money.

Which of the following, if true, is the best criticis, of the agency's plan?

(A) Hospitals and physicians typically hold patients responsible for the ultimate payment of their bills.

(B) The agnecy cannot save money by cutting staff because it is already understaffed.

(C) Some clients borrow money to pay their medical bills; they will pay for extra days of interest on these loans.

(D) Some clients pay their medical bills immediately, but they often take more than forty days to file with the agency for reimbursement.

(E) the agency's budget was cut by more than $180 million last year.
Director
Director
avatar
Joined: 14 Sep 2005
Posts: 998
Location: South Korea
Followers: 2

Kudos [?]: 31 [0], given: 0

GMAT Tests User
 [#permalink] New post 14 Dec 2005, 17:17
Yes, the Answer is (C).
_________________

Auge um Auge, Zahn um Zahn :twisted: !

SVP
SVP
User avatar
Joined: 28 May 2005
Posts: 1743
Location: Dhaka
Followers: 6

Kudos [?]: 40 [0], given: 0

GMAT Tests User
 [#permalink] New post 15 Dec 2005, 11:14
yup it should be C.
_________________

hey ya......

Intern
Intern
User avatar
Joined: 14 Nov 2005
Posts: 38
Location: NYC
Followers: 0

Kudos [?]: 0 [0], given: 0

 [#permalink] New post 15 Dec 2005, 11:40
Except C, none indicate a hardship to the end customer. Hence answer is C. :)
SVP
SVP
avatar
Joined: 14 Dec 2004
Posts: 1711
Followers: 1

Kudos [?]: 34 [0], given: 0

GMAT Tests User
 [#permalink] New post 15 Dec 2005, 20:45
'C' is the best!
  [#permalink] 15 Dec 2005, 20:45
    Similar topics Author Replies Last post
Similar
Topics:
2 A government agency that reimburses its clients for bills feruz77 10 28 Oct 2010, 00:58
A government agency that reimburses its clients for bills trainspotting 9 10 Jul 2009, 03:34
1 A government agency that reimburses its clients for bills marcodonzelli 6 12 Feb 2008, 05:11
An advertising agency argued that the quality of its client tarek99 4 28 Nov 2007, 11:22
A government agency that reimburses its clients for bills rianah100 7 30 Nov 2005, 05:42
Display posts from previous: Sort by

A government agency that reimburses its clients for bills

  Question banks Downloads My Bookmarks Reviews Important topics  


GMAT Club MBA Forum Home| About| Privacy Policy| Terms and Conditions| GMAT Club Rules| Contact| Sitemap

Powered by phpBB © phpBB Group and phpBB SEO

Kindly note that the GMAT® test is a registered trademark of the Graduate Management Admission Council®, and this site has neither been reviewed nor endorsed by GMAC®.