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24 Jul 2017, 01:48
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A
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
95%
(hard)
Question Stats:
26% (01:57) correct
74%
(01:58)
wrong
based on 468
sessions
History
Date
Time
Result
Not Attempted Yet
Many industrialized nations have reported a sharp rise in the per capita cost of health care -- the total amount paid in the nation for health care, divided by the number of people. This increase is likely to continue since the population of these countries is predominantly older, and elderly people have more reasons to need health care than do younger people
Which one of the following points out an error in the reasoning behind the prediction made above?
A. It fails to consider the actual frequency of use of health care services by younger people and the resulting costs of that use.
B. It assumes that the cost of health care will remain stable at current levels.
C. It fails to cite actual numbers in making its claim.
D. It only considers the number of times someone might seek health care, rather than considering the cost of that care
E. It discusses health care in terms of two very broad-based segments of the community, without considering the actual composition of those segments.
Which one of the following points out an error in the reasoning behind the prediction made above?
A. It fails to consider the actual frequency of use of health care services by younger people and the resulting costs of that use.
B. It assumes that the cost of health care will remain stable at current levels.
C. It fails to cite actual numbers in making its claim.
D. It only considers the number of times someone might seek health care, rather than considering the cost of that care
E. It discusses health care in terms of two very broad-based segments of the community, without considering the actual composition of those segments.
nishantd88
Joined: 29 Mar 2011
Last visit: 29 May 2021
Posts: 282
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Given Kudos: 16
Location: India
Concentration: Strategy, Finance
Schools: Insead Sept19 Intake (M$)
GMAT 1: 750 Q50 V40
WE:Management Consulting (Consulting)
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24 Jul 2017, 06:17
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fmik7894
I am not really convinced that A is the right answer. Can we have the explanation please?
My reasoning is as follows
A. The part 'and elderly people have more reasons to need health care than do younger people' implies that elderly people need more frequent healthcare. But the cost per usage is not defined. So it may happen that an elderly person uses healthcare 10 times and pays $100 but a young person will pay $200 for using just once. So this option points out two flaws, one of which is not actually a flaw.
Hence (A) is only partially correct in my opinion.
B. If the healthcare cost comes down, then per capita cost might come down even if the elderly population increases. So the argument will stay valid only if it is assumed that healthcare costs are stable or are increasing. This options points out one of the two assumptions only.
Again, a partially correct option in my opinion.
C. Irrelevant
D. This option points out the fact that the argument states that elderly people will have more reasons to need healthcare without stating the cost. It fixes the issue that is there in option (A)
The best option I'd say.
E. Irrelevant
Would definitely like to see the original explanation.
24 Jul 2017, 10:21
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Hey nishantd88,
Thank you for posting your answer. While solving this question for the first time, my answer was D as well. This question is from The Princeton review and its OEs are absolute crap.
I think we should be good with D. Is it possible that we can have a third opinion ?
Thank you for posting your answer. While solving this question for the first time, my answer was D as well. This question is from The Princeton review and its OEs are absolute crap.
I think we should be good with D. Is it possible that we can have a third opinion ?
