Chapter 8 Flashcards

1
Q

What is public health care?

A

Health care paid for by taxes.

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2
Q

What is private health care?

A

Health care that is paid for by individuals.

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3
Q

What is health insurance?

A

An agreement by a company to pay for your health services, in exchange for a fee that you pay eat month or year.

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4
Q

What is a median?

A

A concept in statistics that means the middle number in a set of data organized in order of least to most.

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5
Q

what is a sales tax?

A

tax paid at the time of buying a product or service, and based on a percentage of the price of the product or serviced.

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