Which of the following statements concerning insurance for health-care services is true?
A) Most workers purchase their own insurance.
B) State governments are the providers of Medicare and Medicaid.
C) In the United States, only private firms provide health insurance.
D) Subscribers to insurance plans may pay a small percentage of the cost of the health care they consume.

Question

Quizplus · Accepted Answer

Subscribers to insurance plans usually pay a small percentage of the cost of the health care they consume, known as a co-payment or deductible. Option A is not true as most workers obtain health insurance through their employers. Option B is partially true as State governments administer and partially fund Medicaid, but Medicare is a federal program. Option C is incorrect as the government also provides health insurance through programs like Medicare, Medicaid, and the Affordable Care Act.

Which of the Following Statements Concerning Insurance for Health-Care Services