In the United States, the emergence of the third-party payment system explains ______ of the increase in health care expenditures from 1940 to the present.

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The emergence of the third-party payment system, which includes health insurance and government-funded healthcare programs like Medicare and Medicaid, has played a significant role in the increase in healthcare expenditures from 1940 to the present. This is because third-party payers typically cover a large portion of patients' healthcare costs, which can lead to overutilization of healthcare services and higher overall costs. However, other factors such as medical technology advancements and an aging population have also contributed to the increase in healthcare expenditures.

In the United States, the Emergence of the Third-Party Payment