A "Coordination of Benefits" Provision in a Health Insurance Policy

question 72

Multiple Choice

A "coordination of benefits" provision in a health insurance policy provides which of the following benefits?

• A) Allows the policy holder to be double-covered for the same loss.
• B) Provides broader coverage than a policy without such provision.
• C) Often results in lower cost insurance premiums.
• D) Drops pre-existing conditions clauses from a policy.
• E) All of the above

---

Definitions:

Simple Event

In probability, a single outcome of an experiment or a situation where there is no combination of outcomes involved.

Event

An occurrence or outcome in a statistical experiment or study that can be distinctly identified.

Probability

A measure of the likelihood that an event will occur, often quantified as a number between 0 and 1.

Relative Frequency

The ratio of the number of times a value occurs compared to the total number of observations.