A student asks the instructor about health care economics. The instructor knows the student understands when the student makes which statement?

A) "The elderly population uses most of the health care services."
B) "Everyone should have health insurance to obtain services."
C) "Health care dollars should be partitioned by the government."
D) "Resources will be needed to serve health care issues."

Health Care Economics

A branch of economics concerned with issues related to efficiency, effectiveness, value, and behavior in the production and consumption of health and healthcare.

Health Care Services

A broad range of services provided by professionals to support individuals' health, including prevention, diagnosis, treatment, and management of illnesses and injuries.

Health Insurance

A type of insurance coverage that pays for medical and surgical expenses incurred by the insured or provides reimbursement to the insured for expenses incurred from illness or injury.