During the Last Four Decades, the Share of Health-Care Expenditures

Multiple Choice

During the last four decades, the share of health-care expenditures paid for by third parties (either the government or insurance companies)

A) has remained relatively constant.
B) fell from approximately 60 percent in 1960 to 30 percent in 2007.
C) increased from approximately 45 percent in 1960 to over 85 percent in 2007.
D) declined during the 15 years following the passage of Medicare but has been increasing since 1980.