In the United States,the bulk of health care spending is paid by health insurance companies.Such a system is also called ________ where consumers of health care pay a nominal fee and the rest are paid by the health insurance provider.

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The system where consumers of health care pay a nominal fee and the rest is paid by the health insurance provider is called a third-party payer system. In this system, the bulk of health care spending is paid by health insurance companies on behalf of the consumers. This is the prevalent system in the United States. A universal health care system would mean that all citizens have access to healthcare regardless of their ability to pay. Socialized medicine systems are government-run healthcare systems where the government owns and operates healthcare facilities. A single-payer system is a type of universal healthcare where the government provides healthcare coverage to all citizens.

In the United States,the Bulk of Health Care Spending Is