Asked by
Joseph Kolacsky
on Dec 11, 2024Verified
Third-party payments by either the government or an insurance company accounted for ____ of the 2011 healthcare expenditures, compared to ____ paid by third parties in 1960. (Fill in the blanks)
A) 40 percent; 20 percent
B) 20 percent; 40 percent
C) 86 percent; 45 percent
D) 96 percent; 73 percent
Third-Party Payments
Payments made by someone other than the consumer or provider of a good or service, often by insurance companies or government agencies.
Healthcare Expenditures
The total amount of spending on health services and products in a specific period, including public and private spending.
Government
A system or group of people governing an organized community, often a state.
- Comprehend the role and impact of third-party payments in the healthcare sector.
Verified Answer
DM
Learning Objectives
- Comprehend the role and impact of third-party payments in the healthcare sector.