If healthcare provider had no competitor and operated as monopoly it would be conceivably declare a price to virtually all player group except Medicare and Medicaid

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If healthcare provider had no competitor and  operated as monopoly it would be conceivably declare a price to virtually all player group except Medicare and Medicaid

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Answer:

True

Explanation to the answer

High market share will  often leads for higher  prices & lower cost per unit. In the case of  health care provider  if there is no competitors & operated as  monopoly then this situation might lead in  dictate price to all the payer groups except  the Medicare and Medicaid

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