Question of the Day

What portion of all healthcare spending in the U.S. is directly paid by consumers to healthcare providers?

Correct Answer

Tell Me More

In 2020, consumers directly paid for 9% of all healthcare spending in the U.S., as compared to 47% in 1960. The rest was paid by governments (55%), private insurance companies (28%), and other entities. Such payers are called "third-parties" because they do not deliver or receive healthcare. In other words, they are not patients or caregivers. Government policies have driven the steep rise of third-party payments over the past half century, and this has been a major factor in the growth of healthcare costs. Per the Encyclopedia of Health Care Management: "Because most medical care is delivered with third-party payments, and the purchaser is in dire need of the services, the typical patient has little interest in price." The U.S. has the fourth lowest rate of out-of-pocket healthcare payments among developed nations.

Reload Question
Reload Question
Share via Facebook
Share via Twitter
Share via Email
Embed into your website
About the Fact App
Articles by Topic