Question

Subsidizing medical services through medicare

a. makes medical services available to a large percentage of the? population, who otherwise could not afford them.

b. drives a wedge between the price received by providers and the price perceived by consumers.

c. is a relatively low percentage of u.s. gdp compared to other nations.

d. all of the above are true.

e. only a and b are true.

Answer 1

I think the correct answer is E. Subsidizing medical services through medicare would make medical services available to a large percentage of the population, who otherwise could not afford them and it would drive a wedge between the price received by providers and the price perceived by consumers. Medicare is the United States' health insurance for older people and those with disabilities.