Asked by Giovanni Figueroa on Jul 14, 2024
Verified
What are two of the largest health care costs in Canada for employers?
A) administrative and infrastructure costs
B) drugs and administrative costs
C) drug and hospital costs
D) administrative and hospital costs
Administrative Costs
Expenses incurred in the day-to-day operations of a business that are not directly tied to production.
Infrastructure Costs
Expenses associated with the basic physical and organizational structures needed for the operation of a society or enterprise, such as roads, telecommunications, and utilities.
Drug Costs
The expenses associated with purchasing medications, which can include the price of the drug itself, pharmacy fees, and related healthcare provider costs.
- Achieve knowledge of the assortment of pension and benefit plans and their defining aspects.
Verified Answer
SO
Silvia OrtizJul 18, 2024
Final Answer :
C
Explanation :
Drug and hospital costs are two of the largest health care expenses in Canada for employers, due to the high cost of medication and hospital care.
Learning Objectives
- Achieve knowledge of the assortment of pension and benefit plans and their defining aspects.