During the last four decades, the share of health-care expenditures paid for by third parties (either the government or insurance companies)
A) has remained relatively constant.
B) fell from approximately 60 percent in 1960 to 75 percent in recent years.
C) increased from approximately 45 percent in 1960 to over 85 percent in recent years.
D) declined during the 15 years following the passage of Medicare but has been increasing since 1980.

Question

Quizplus · Accepted Answer

The share of health-care expenditures paid by third parties has increased significantly from around 45% in 1960 to over 85% in recent years, due to the expansion of government programs like Medicare and Medicaid and the growth of private health insurance.

During the Last Four Decades, the Share of Health-Care Expenditures