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Which of the Following Refers to Health Insurance Policies Sold

question 44

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Which of the following refers to health insurance policies sold by private insurance companies to fill "gaps" in Medicare plan coverage?


Definitions:

Illegality

The quality or state of being contrary to law or against the laws of a society, making an action or conduct not permissible.

Revocation

The official cancellation or withdrawal of an offer, license, right, or permission.

Counteroffer

A counteroffer is a proposal made in response to an original offer, altering its terms and effectively rejecting the initial offer.

Lapse of Time

The expiration of a specified duration which can affect contracts, rights, or obligations.

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