Each of the following factors has played a significant role in the rapid expansi
ID: 1226112 • Letter: E
Question
Each of the following factors has played a significant role in the rapid expansion of Medicare spending by the US government except :A. The profit motive of physicians and hospital B. Consumer of Medicare tends to only consume the high valued medical service C. Government planners failed to correctly estimate the increase in consumption of medical services D. Total medical spending ( number of consumers times the price of medical services) has risen rapidly in the US Each of the following factors has played a significant role in the rapid expansion of Medicare spending by the US government except :
A. The profit motive of physicians and hospital B. Consumer of Medicare tends to only consume the high valued medical service C. Government planners failed to correctly estimate the increase in consumption of medical services D. Total medical spending ( number of consumers times the price of medical services) has risen rapidly in the US
A. The profit motive of physicians and hospital B. Consumer of Medicare tends to only consume the high valued medical service C. Government planners failed to correctly estimate the increase in consumption of medical services D. Total medical spending ( number of consumers times the price of medical services) has risen rapidly in the US
Explanation / Answer
B. Consumer of Medicare tends to only consume the high valued medical service
A,C,D all the points are responsible for rapid expansion