1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
devlian [24]
3 years ago
13

47. Health care costs per capita Rising health care costs

Mathematics
1 answer:
horrorfan [7]3 years ago
6 0
NHE grew 4.6% to $3.8 trillion in 2019, or $11,582 per person, and accounted for 17.7% of Gross Domestic Product (GDP).
Medicare spending grew 6.7% to $799.4 billion in 2019, or 21 percent of total NHE.
Medicaid spending grew 2.9% to $613.5 billion in 2019, or 16 percent of total NHE.
Private health insurance spending grew 3.7% to $1,195.1 billion in 2019, or 31 percent of total NHE.
Out of pocket spending grew 4.6% to $406.5 billion in 2019, or 11 percent of total NHE.
Hospital expenditures grew 6.2% to $1,192.0 billion in 2019, faster than the 4.2% growth in 2018.
Physician and clinical services expenditures grew 4.6% to $772.1 billion in 2019, a faster growth than the 4.0% in 2018.
Prescription drug spending increased 5.7% to $369.7 billion in 2019, faster than the 3.8% growth in 2018.
The largest shares of total health spending were sponsored by the federal government (29.0 percent) and the households (28.4 percent). The private business share of health spending accounted for 19.1 percent of total health care spending, state and local governments accounted for 16.1 percent, and other private revenues accounted for 7.5 percent.
You might be interested in
Which is bigger: 17.5% or 1/6
elena-s [515]


In order to find this out, let's convert both of them into percents. Since 17.5 is already a percent, we only have to convert 1/6 into a percent. To convert 1/6 into a percent, you have to divide the numerator by the denominator. If you do that, you will get 0.1666..... as a repeating decimal. Now, multiply the decimal by 100 or just move the decimal 2 spaces to the right to get the percent. If you do that, you will get 16.6%. Since it is a repeating decimal, you can round it to 16.7%. So, 17.5% is larger than 1/6.

Hope it helps :)

6 0
3 years ago
Read 2 more answers
Revenue from Monorail Service, Las Vegas In 2005 the Las Vegas monorail charged $3 per ride and had an average ridership of abou
Karolina [17]

Answer:

A)The required linear demand equation ( q ) = -4500p + 41500

B) $4.61

   $95680.55

C) No it would not have been possible by charging a suitable price

Step-by-step explanation:

<u>A)  find the linear demand equation</u>

given two points ; ( 3, 28000 ) and ( 5, 19000 )

slope ( m ) = ( y2 - y1 ) / ( x2 - x1 )

                 = ( 19000 - 28000 ) / ( 5 - 3 )  = -4500

slope intercept is represented as ; y = mx + b

where y( 28000) = -4500(3) + b

  hence b = 41500  

hence ; y = -4500x + 41500

The required linear demand equation ( q ) = -4500p + 41500   ----- ( 1 )

p = price per ride

<u>B ) Determine the price the company should charge to maximize revenue from ridership  and corresponding daily revenue</u>

Total revenue ( R ) = qp

                               = p ( -4500p + 41500 )

  hence R = -4500p^2 + 41500p  ------ ( 2 )

To determine the price that should maximize revenue from ridership we will equate R = -4500p^2 + 41500p  to a quadratic equation R(p) = ap^2 + bp + c

where a = -4500 ,  b = 41500 , c = 0

hence p = -\frac{b}{2a}  = - \frac{41500}{2(-4500)} =  4.61

$4.61 is the price the company should charge to maximize revenue from ridership

corresponding daily revenue = R = -4500p^2 + 41500 p

where p = $4.61

hence R = -4500(4.61 )^2 + 41500(4.61) = $95680.55

C) No it would not have been possible by charging a suitable price

5 0
3 years ago
Will the answer to this expression be POSITIVE or NEGATIVE?<br><br> - 100 - (- 98)
mina [271]

Answer:

-100-(-98)=-100+98=-2 then negative

3 0
3 years ago
Read 2 more answers
Plz help will mark brainliest!!
vagabundo [1.1K]

Answer:

Given:

Diameter = 38cm

Radius = Diameter /2

Radius = 38 / 2

Step-by-step explanation:

5 0
3 years ago
Read 2 more answers
If you save $125 each week for one year, how much will you be able to save? There are 52 weeks in one year.
statuscvo [17]

Answer:

You will save 6,500

Explanation:

There are 52 weeks in one year multiply 52 times 125

5 0
3 years ago
Other questions:
  • Write a function rule that gives the total cost c(p) of p pounds of sugar if each pound costs $0.59. A. c(p) = 59p B. c(p) = C.
    15·2 answers
  • 71pt =___gal ___qt ___pt
    7·2 answers
  • And isosceles triangle has two equal sides what is the measure of the third angle that will make triangle mno and isosceles tria
    6·1 answer
  • PLEASE ANSWER ASAP! EXTWEMELY IMPORTANT! MUST BE CORRECT! POINTS GIVEN!
    10·2 answers
  • Tavon has a gift card for $165 that loses $4 for each 30-day period it is not used. He has another gift card for $145 that loses
    11·1 answer
  • What is this can anyone help me
    8·1 answer
  • A kite is flying at a height of 60 m and is attached to a string inclined at 30° to the horizontal. What is the length of the st
    9·1 answer
  • The hypotenuse in this triangle is equal to<br><br>A. 90 degrees<br>B. 15<br>C. 12<br>D. 9​
    9·1 answer
  • Find the median of the<br> data. 7,5, 12, 8, 2,9,4
    9·1 answer
  • A duck was given $9
    9·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!