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:

European Countries

Nations located in the European continent, each with its sovereignty, culture, and economic policies.

Marginal Tax Rate

The rate at which the last dollar of a taxpayer's income is taxed, indicating the impact of the next dollar earned on their tax burden.

Proportional

Referring to a relationship where changes in one item directly mirror changes in another, often expressed as a constant ratio.

Tax System

The legal framework and mechanisms through which taxes are imposed on individuals, corporations, and transactions in a country, shaping the distribution of tax burdens.