QUESTION 3 If a person must pay for all health care expenses

QUESTION 3 If a person must pay for all health care expenses in excess of $1,000,000, this is called their co-payment. deductible lifetime maximum. maximum out-of-pocket. QUESTION 4 Publicly provided health insurance for the poor will lower the price of health care to the poor lower the level of health care consumed by the poor increase the total amount of health care consumed lower the price of health care to the non-poo r and increase the total amount of health care consumed QUESTION 5 The government spends of all health care dollars in the U.S 10% 25% 52% 100%

Solution

Answer 3 = Lifetime maximum.

It is the maximum amount that a health insurance plan will pay.

Excess ofit will be payed by customers.