Examlex
Which of the following statements is true?
Health Care Costs
The total expenses for services rendered by healthcare providers, including hospitals, doctors, and medication.
Premium Payment
The amount paid for an insurance policy, either regularly or as a lump sum.
Flood Insurance
A specific insurance coverage against property loss from flooding, typically required for buildings in designated flood-prone zones.
Pooling Of Risk
The practice of spreading financial risks among a large number of participants, thereby minimizing the overall impact to any single participant.
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