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

question 61

Multiple Choice

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

-(Exhibit: Third-party payers) At a price of $60 with a third party payer, the total cost of health-care services compared to the price that would prevail if there were no third-party payers has:

• A) decreased from $180 million to $80 million.
• B) increased from $80 million to $180 million.
• C) decreased from $180 million to $80 million, and consumers pay $60 million
• D) increased to $180 million, and insurance pays $60 million.