Which of the Following Statements Concerning Insurance for Health-Care Services

question 12

Multiple Choice

Which of the following statements concerning insurance for health-care services is true?

• A) Most workers purchase their own insurance.
• B) State governments are the providers of Medicare and Medicaid.
• C) In the United States, only private firms provide health insurance.
• D) Subscribers to insurance plans may pay a small percentage of the cost of the health care they consume.

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Definitions:

Workforce

The group of individuals engaged in or available for work, either in a specific region or within a particular industry or organization.

External Monitoring

The process of assessing external conditions or performance metrics to inform decision-making or strategy.

Business Organizations

Entities formed for the purpose of conducting commercial, industrial, or professional activities, structured in various forms such as partnerships, corporations, or sole proprietorships.

Government Regulation

Laws, rules, or directives established by governmental bodies designed to control and guide the behavior of individuals, industries, or organizations.