Which of the Following Is True Regarding the Difference Between

question 136

Multiple Choice

Which of the following is true regarding the difference between a reimbursement policy and an indemnity policy for health insurance provisions?

• A)A reimbursement policy is based on the actual expenses you incur.
• B)An indemnity policy is based on the actual expenses you incur.
• C)A reimbursement policy is based on specified benefits regardless of actual expenses.
• D)An indemnity policy is based on actual expenses regardless of specified benefits.
• E)There is no difference between these two.

---

Definitions:

Consumer Publication

A type of media, such as magazines or newsletters, designed to inform and entertain consumers on topics of interest like technology, health, or lifestyle.

Advertising Budget

The amount of money allocated by a business to spend on advertising over a certain period.

Entire Income

The total amount of earnings, including wages, salaries, bonuses, and other income sources, received by an individual or household.

Units Of X

A generic term for the measure or quantity of something, such as a product or resource, often used in discussions of production or economic models.