Asked by Sarah Gascon on Jun 14, 2024

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Which of the following financed the largest share of health care spending in the U.S. in 2017?

A) Medicare
B) Medicaid
C) copayments and deductions paid by patients
D) military and other public insurance (excl. Medicare and Medicaid)

Medicare

A federal program that provides health insurance to people over the age of 65 and to certain younger people with disabilities.

Medicaid

A public health insurance program in the United States that provides health care services to low-income individuals and families.

  • Recognize the leading financiers of healthcare spending in the United States.
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DP
Daniel PlattJun 16, 2024
Final Answer :
A
Explanation :
Medicare financed the largest share of health care spending in the U.S. in 2017, reflecting the significant role it plays in providing health coverage to Americans aged 65 and older, as well as to younger individuals with certain disabilities.