Statement I: Before Medicare,Medicaid,and the rise of the huge private insurance companies,medical care was on a pay-as-you-go basis.
Statement II: Healthcare costs have skyrocketed in the last four decades,in large part due to the fact that some doctors need to pay over $100,000 a year in malpractice insurance.
A) Statement I is true and statement II is false.
B) Statement II is true and statement I is false.
C) Both statements are true.
D) Both statements are false.
Correct Answer:
Verified
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