All of the statements are true. The government constituted about 50 percent of healthcare spending in the United States, private insurers made up about 30 percent of healthcare spending in the United States, Medicare and Medicaid cover about one-third of all Americans, and healthcare spending in the United States is higher as a percentage of the gross domestic product than many European countries.

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Healthcare Spending

Question 16

Multiple Choice

Healthcare spending

A) by the government in 2010 constituted about 50 percent of healthcare spending in the United States.
B) by private insurers in 2010 made up about 30 percent of healthcare spending in the United States.
C) through Medicare and Medicaid cover about one-third of all Americans.
D) is higher in the United States as a percentage of the gross domestic product than many European countries.
E) All of the above are true.

Correct Answer: