The introduction of government and private insurance programs to cover the cost of medical care has led to a decline in the price of medical care.

Question

Quizplus · Accepted Answer

The introduction of government and private insurance programs has actually led to an increase in the price of medical care. This is because insurance programs have increased demand for medical care, which has allowed providers to charge higher prices. Additionally, insurance companies negotiate prices with providers, which can result in higher prices for uninsured individuals who must pay out-of-pocket.

The Introduction of Government and Private Insurance Programs to Cover