What Is Medical Underwriting? (Cost Advantage)

question 16

Multiple Choice

What is medical underwriting? (Cost Advantage)

• A)A process where employers have to verify the medical history of their employees
• B)A process where the employer has to pay the difference for insuring high-risk employees
• C)A process where employees provide their past medical history to insurers
• D)A process where one insurance company combines with another to insure a company

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Definitions:

Exam Mean

The average score obtained by all the examinees in an examination.

Midpoint

Refers to the exact middle point in a range of values, often calculated as the average of two extreme values in a set.

Sum

The result of adding a set of numbers or quantities together.

Mean Value

A statistical measure that determines the central tendency of a dataset by summing all values and dividing by the count of values, reflecting the dataset's average.