Asked by
Freedom Harper
on Nov 26, 2024
Verified
Which of the following statements is correct?
A) Limited access to the health care system is a major cause of rising health care costs.
B) Rising health care costs are a major cause of limited access to the health care system.
C) Rising health care costs have forced employers to raise real wages above labor productivity.
D) The tax subsidy that government provides for health care causes health care to be underconsumed.
Health Care Costs
The total expenditures required for services to prevent, diagnose, treat, or manage illnesses and conditions.
Tax Subsidy
A grant in the form of reduced taxes through favorable tax treatment. For example, employer-paid health insurance is exempt from federal income taxes and payroll taxes.
- Apprehend the coupled predicaments the U.S. health care sector deals with: climbing financial demands and differential access.
Verified Answer
MH
Learning Objectives
- Apprehend the coupled predicaments the U.S. health care sector deals with: climbing financial demands and differential access.