Question: Take a look at both Figure 30-7 and Figure 30-8. When health care programs such as Medicare, Medicaid, and the Affordable Care Act's health exchange

Take a look at both Figure 30-7 and Figure 30-8. When health care programs such as Medicare, Medicaid, and the Affordable Care Act's health exchange system were created, Congress based projected costs on quantities of health care consumed at the time the programs were implemented. Was this a reasonable assumption given that the programs all cut out-of-pocket payments for beneficiaries? Explain.

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