How are our health costs being covered?

Question

Quizplus · Accepted Answer

Our health costs are being covered by a combination of private health plans, federal and other governmental expenditures, and out-of-pocket payments by individuals. Private health plans are purchased by individuals or provided by employers. Federal and other governmental expenditures include programs like Medicare, Medicaid, and the Children's Health Insurance Program (CHIP). Out-of-pocket payments refer to expenses that individuals pay for themselves, such as deductibles, copayments, and coinsurance.

How Are Our Health Costs Being Covered