Publicly-sponsored health plans are also called

Question

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Publicly-sponsored health plans are commonly known as single-payer plans. This is because they are funded by the government, which acts as the sole payer for all medical services provided to patients enrolled in the plan. Single-payer plans often provide more comprehensive coverage than traditional care plans and are designed to ensure universal access to healthcare services. Medicare plans are a type of single-payer plan that provides health insurance to seniors and people with disabilities, but not all single-payer plans are Medicare plans. Multiple-payer plans, on the other hand, involve multiple entities, such as insurance companies, employers, and individuals, sharing the cost of healthcare services.

Publicly-Sponsored Health Plans Are Also Called