Which Statement Is NOT a Valid Explanation for the Rising

question 13

Multiple Choice

Which statement is NOT a valid explanation for the rising cost of health care?

• A) Life expectancy has increased.
• B) More medical procedures are available to treat illness and disease.
• C) Families are getting larger.
• D) Technological advances, such as ultrasound, genetic screening, and chemotherapy, are very expensive.

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Definitions:

Life Insurance Firms

Companies that provide financial compensation to beneficiaries upon the death of the insured person.

Death Benefit

The sum paid to a policyholder's beneficiaries upon their death, typically in life insurance and annuities.

Variable Life

A type of life insurance policy where the cash value and death benefit vary based on the investment performance of funds chosen by the policyholder.

Universal Life

It's a flexible premium, adjustable life insurance product where the excess of premium payments above the current cost of insurance is credited to the cash value of the policy.