The ________ is the often the intermediary between consumers and producers in the healthcare market.

Question

Quizplus · Accepted Answer

Insurance companies act as intermediaries between consumers and healthcare providers by providing coverage for medical expenses. They negotiate rates with healthcare providers and pay for services on behalf of consumers. Employers may offer insurance as a benefit to employees, but they are not directly involved in healthcare transactions. Hospitals, pharmacies, and doctors are all healthcare providers rather than intermediaries between consumers and producers.

The ________ Is the Often the Intermediary Between Consumers and Producers