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

Question 41

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Use the following to answer question(s) : Third-Party Payers
Use the following to answer question(s) : Third-Party Payers    -(Exhibit: Third-Party Payers)  When the price of $20 per visit becomes available to the consumer because of insurance: A)  health-care costs become $180 million, of which $60 million is paid by consumers and $120 million is paid by insurance. B)  health-care costs become $180 million, of which $120 million is paid by consumers and $60 million is paid by insurance. C)  the new quantity of physician office visits is 1 million visits per week. D)  both A and C are true.
-(Exhibit: Third-Party Payers) When the price of $20 per visit becomes available to the consumer because of insurance:


A) health-care costs become $180 million, of which $60 million is paid by consumers and $120 million is paid by insurance.
B) health-care costs become $180 million, of which $120 million is paid by consumers and $60 million is paid by insurance.
C) the new quantity of physician office visits is 1 million visits per week.
D) both A and C are true.

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