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How are WC programs financed? (Mod 10.6) {Ans: Almost exclusively by ERs and are based on the principle that the cost of work related accidents is a business expense. Depending on state laws, ERs can purchase insurance from a private carrier or state fund, or they can self-insure. No program relies on general taxing power to finance workers comp.}The most appropriate segment of the population to which to market LTC insurance is the middle class. Discuss why the middle class has not yet embraced LTD insurance (Mod 11.1) {Ans: They do not understand the risks the LTC insurance would mitigate or they perceive coverage as too expensive. They also may underestimate future costs associated with LTC. Middle class individuals may also still depend on informal care arrangements, or they might put greater precedence on other retirement risks. Additionally, many recently retired baby boomers may be ineligible for private insurance (bc of UW requirements) or may be charged high premiums if they have already suffered a change in health status requiring chronic based care.}ACA called for the creation of health insurance exchanges administered by either federal or state governments through which individuals and many small firms can buy health