1. In terms of the financing of health care, explain the difference between the terms Charge, Cost and Price.
2. You have a relative who is about to turn 65. She needs to decide what she should do about Medicare. She knows you are a public health expert and want you to tell her what she should do. She lives mostly on her social security check so money is always tight. She has a primary care doctor but is not sure he always pays attention to her. Luckily she has not needed to be in a hospital in many years. She has a couple of chronic problems but gets around pretty well. She takes the following medicines: Eliquis 10 mg, twice a day; Premarin, 45 mg once a day; and Atorvastatin 10 mg once a day.What will you tell her to do, and why do you think this will be the best choice for her? If you decide she should join an Advantage program, which one should she choose?