What percentage of total health-care spending is paid by private and government insurance?

Question

Quizplus · Accepted Answer

According to the Centers for Medicare and Medicaid Services (CMS), in 2019, private health insurance paid for 34% of total health expenditures, while Medicare (a government-funded program) paid for 21%. Medicaid (another government-funded program) paid for 16%. Other government programs (such as the Veterans Health Administration and the Department of Defense) paid for an additional 7%. Altogether, government insurance covered around 44% of total health expenditure in 2019. Therefore, the total percentage of health-care spending paid by private and government insurance is around 78% (34% + 21% + 16% + 7% = 78%). Rounded to the nearest 10, the answer is 80%.

What Percentage of Total Health-Care Spending Is Paid by Private