Asked by
Clara Perez
on Nov 26, 2024Verified
About three-fourths of all health care costs are paid out of pocket by patients.
Out of Pocket
Expenses that are paid directly by an individual, often referring to medical expenses not covered by insurance.
Health Care Costs
This term covers the expenses associated with medical and health services, including prevention, diagnosis, treatment, and rehabilitation.
- Identify the economic repercussions of health care costs on individuals and the economy.
Verified Answer
JM
Learning Objectives
- Identify the economic repercussions of health care costs on individuals and the economy.
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