Currently, the United States Uses Which Approach to Pay for Health

question 56

Multiple Choice

Currently, the United States uses which approach to pay for health care for its citizens?

• A) national health insurance system
• B) private-pay system; insurance is completely paid for by private individuals and corporations
• C) hybrid system of public and private funding for care
• D) universal payment system

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Definitions:

Trading Partner

A country or entity with which another country engages in the exchange of goods and services.

European Monetary Union

An agreement among European Union member countries to use a single currency, the euro, and to coordinate their monetary policies.

Highly Productive Economies

Economies that are able to produce a significant amount of goods and services per unit of input.

Specialization

The process of focusing on and becoming an expert in a particular area of work or study, leading to improved efficiency and productivity.