Which of the following grew rapidly during the years following the passage of the Medicare and Medicaid programs?
A) The share of healthcare expenditures financed by third parties.
B) The prices of healthcare relative to the prices of other goods and services.
C) Expenditures on healthcare as a share of the economy.
D) All of the above.

Question

Quizplus · Accepted Answer

The introduction of Medicare and Medicaid led to increased third-party financing, higher healthcare prices, and a larger share of the economy devoted to healthcare expenditures.

Which of the Following Grew Rapidly During the Years Following