Health insurance results in
A)An increase in the quantity of health care demanded
B)An increase in the quantity of health care provided
C)An increase in the total cost of providing health care
D)All of the above
E)None of the above

Question

Quizplus · Accepted Answer

Health insurance provides a means for individuals to access and afford health care services. This increase in demand for health care services leads to an increase in the quantity of health care demanded. Providers respond to this increased demand by providing more health care services, resulting in an increase in the quantity of health care provided. However, this increase in demand and supply leads to an increase in the total cost of providing health care.

Health Insurance Results in