The __________ is the primary intermediary between consumers and producers in the healthcare market.

Question

Quizplus · Accepted Answer

Insurance companies act as the primary intermediary between consumers (patients) and producers (healthcare providers, hospitals, etc.) in the healthcare market by providing financial protection and reimbursement for healthcare services. Employers may also have an intermediary role by offering employee health benefits, but insurance companies are the primary mechanism for purchasing and accessing healthcare coverage. Hospitals, pharmacies, and doctors are all producers of healthcare services and products, rather than intermediaries.

The __________ Is the Primary Intermediary Between Consumers and Producers