Use the Following to Answer Question(s): Third-Party Payers

question 41

Multiple Choice

Use the following to answer question(s) : Third-Party Payers

-(Exhibit: Third-Party Payers) When the price of $20 per visit becomes available to the consumer because of insurance:

• A) health-care costs become $180 million, of which $60 million is paid by consumers and $120 million is paid by insurance.
• B) health-care costs become $180 million, of which $120 million is paid by consumers and $60 million is paid by insurance.
• C) the new quantity of physician office visits is 1 million visits per week.
• D) both A and C are true.

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Definitions:

Age-sex Pyramid

A graphical representation of the age and sex distribution of a population, typically a bar graph, which provides insights into demographic trends and potential social and economic impacts.

Birthrate

A measure of fertility, usually expressed as the number of births per 1,000 people in a population in a given year.

Immigration

The action of coming to live permanently in a foreign country, often resulting from the desire for better opportunities or to escape adverse conditions.

U.S. Census

A decennial (every 10 years) count and demographic survey of the United States population, used to allocate congressional seats, electoral votes, and government funding.