Question

1. The largest component of personal healthcare expenditures in the United States is

a.	nursing home care.	d.	home health care.
b.	hospital care.	e.	physician and clinical services.
c.	prescription drugs.

2. What is one cited reason why healthcare expenditures are so high in the United States?

a.	Medicare and Medicaid reduce the supply of medical care.
b.	Patients covered by insurance consume too much medical care.
c.	Doctors know patients are likely covered by insurance, which reduces the demand for medical care.
d.	Insurance companies attempt to control medical care costs by capping expenditures.
e.	Patients covered by insurance consume too little health care.

Answer 1