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GMAT Club

Question of the Day (October 31)

Jeff 0

Verbal

Health insurance rates have been steadily increasing in this country for decades. Though health insurance companies paid for a smaller percentage of claims last year than they did ten years ago, the overall rise in the number of claims still means that more money is being paid out, and the companies compensate for this by hiking their rates.

From the information above, it can be inferred that ten years ago

A fewer people made health insurance claims than was the case last year.
B the percentage of health insurance claims that were unpaid was less than last year's percentage.
C more claims were not paid by insurance companies than were not paid last year.
D health insurance companies paid a greater percentage of their claims than they paid twenty years ago.
E profits made by health insurance companies were similar to profits made by health insurance companies last year.

Question Discussion & Explanation

Correct Answer - B - (click and drag your mouse to see the answer)

Bonus RC Question of the Day


Quant

The distance from the Y-axis to point K is \frac{1}{3} of the distance from the X-axis to point K. If the coordinates of K are (-3, y), what is the distance between point K and X-axis?

A. \frac{1}{2}
B. 1
C. 3
D. 4.5
E. 9

Question Discussion & Explanation

Correct Answer - E - (click and drag your mouse to see the answer)

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