RENCES: Mastery Test 6 A. (1-5.) Read the following editorial. Then check (✔) the five statements which are most logically supported by the information given. 'The American health-care system is clearly in crisis. But only with the Barack Obama administration has the government sought an obvious solution: a nationwide program of universal health care-one that covers every single American-administered by the federal government. ³It's not that we could not establish such a system-dozens of countries have already managed to do so, with great success. "Americans simply have a gut- level conviction that competition and the profit motive-the free market, in other words-is the only way to maintain the "best health-care system in the world." "The truth of the matter is quite the contrary. "The American health-care system has the highest operating expenses (14 percent) among the systems of all other industrialized countries. 'The obvious reason is that for-profit corporations run most of the system. In contrast, the government system in Canada, often characterized here as "inefficient," runs with exactly 1 percent overhead. "Our own Social Security runs on about 2 percent overhead. 10You see the overhead when you go to a medical facility and spend more time filling out forms than seeing the doctor; when you count the number of staff talking to insurance companies on the phone, and realize that they rival the number of medical personnel in the office. "You see the overhead in the salaries of the CEOs of health-related corporations. 12In 2000, five top CEOs made annual salaries ranging from $11 million to $54 million. 13A system is clearly broken that simultaneously produces huge salaries for executives and yet pays nurses' aides salaries that do not allow them to live above the poverty line, or to afford the very health care they are providing. - 1. The Canadian health-care system is run on a not-for-profit basis. 2. Most American doctors oppose the idea of a universal health-care program. 3. The current American health-care system is wasteful and inefficient. 4. Executives of American health-related corporations oppose the idea of a universal health-care program. 5. Canadian nurses' aides are more highly paid than American nurses' aides. 6. The American Social Security program is run on a for-profit basis. 7. The American public needs to make a more informed choice about health care. 8. Many working Americans cannot afford health care. Continues on next page)

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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ERENCES: Mastery Test 6
A. (1-5.) Read the following editorial. Then check (✔) the five statements which are
most logically supported by the information given.
'The American health-care system is clearly in crisis. But only with the
Barack Obama administration has the government sought an obvious solution:
a nationwide program of universal health care-one that covers every single
American-administered by the federal government.
It's not that we could not establish such a system-dozens of countries
have already managed to do so, with great success. "Americans simply have a gut-
level conviction that competition and the profit motive-the free market, in other
words-is the only way to maintain the "best health-care system in the world."
"The truth of the matter is quite the contrary. "The American health-care
system has the highest operating expenses (14 percent) among the systems of all
other industrialized countries. 'The obvious reason is that for-profit corporations
run most of the system. In contrast, the government system in Canada, often
characterized here as "inefficient," runs with exactly 1 percent overhead. 'Our own
Social Security runs on about 2 percent overhead.
10 You see the overhead when you go to a medical facility and spend more
time filling out forms than seeing the doctor; when you count the number of
staff talking to insurance companies on the phone, and realize that they rival the
number of medical personnel in the office. "You see the overhead in the salaries
of the CEOs of health-related corporations. 12In 2000, five top CEOs made annual
salaries ranging from $11 million to $54 million. 13A system is clearly broken that
simultaneously produces huge salaries for executives and yet pays nurses' aides
salaries that do not allow them to live above the poverty line, or to afford the very
health care they are providing.
1. The Canadian health-care system is run on a not-for-profit basis.
2. Most American doctors oppose the idea of a universal health-care
program.
3. The current American health-care system is wasteful and inefficient.
4. Executives of American health-related corporations oppose the idea of
a universal health-care program.
5. Canadian nurses' aides are more highly paid than American nurses' aides.
6. The American Social Security program is run on a for-profit basis.
7. The American public needs to make a more informed choice about
health care.
8. Many working Americans cannot afford health care.
(Continues on next page)
327
Transcribed Image Text:ERENCES: Mastery Test 6 A. (1-5.) Read the following editorial. Then check (✔) the five statements which are most logically supported by the information given. 'The American health-care system is clearly in crisis. But only with the Barack Obama administration has the government sought an obvious solution: a nationwide program of universal health care-one that covers every single American-administered by the federal government. It's not that we could not establish such a system-dozens of countries have already managed to do so, with great success. "Americans simply have a gut- level conviction that competition and the profit motive-the free market, in other words-is the only way to maintain the "best health-care system in the world." "The truth of the matter is quite the contrary. "The American health-care system has the highest operating expenses (14 percent) among the systems of all other industrialized countries. 'The obvious reason is that for-profit corporations run most of the system. In contrast, the government system in Canada, often characterized here as "inefficient," runs with exactly 1 percent overhead. 'Our own Social Security runs on about 2 percent overhead. 10 You see the overhead when you go to a medical facility and spend more time filling out forms than seeing the doctor; when you count the number of staff talking to insurance companies on the phone, and realize that they rival the number of medical personnel in the office. "You see the overhead in the salaries of the CEOs of health-related corporations. 12In 2000, five top CEOs made annual salaries ranging from $11 million to $54 million. 13A system is clearly broken that simultaneously produces huge salaries for executives and yet pays nurses' aides salaries that do not allow them to live above the poverty line, or to afford the very health care they are providing. 1. The Canadian health-care system is run on a not-for-profit basis. 2. Most American doctors oppose the idea of a universal health-care program. 3. The current American health-care system is wasteful and inefficient. 4. Executives of American health-related corporations oppose the idea of a universal health-care program. 5. Canadian nurses' aides are more highly paid than American nurses' aides. 6. The American Social Security program is run on a for-profit basis. 7. The American public needs to make a more informed choice about health care. 8. Many working Americans cannot afford health care. (Continues on next page) 327
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