Which of the Following Statements Is True About Comprehensive Medical

question 57

Multiple Choice

Which of the following statements is true about comprehensive medical insurance?

• A)It puts a heavy financial burden on the insured due to its high percentage of cost-sharing provisions.
• B)It is not available to individuals who earn below $60,000 annually.
• C)It does not include cost-sharing provisions like deductibles.
• D)Except for cost-sharing provision, it is usually similar to basic medical expense policy.
• E)It is sold mainly on a group basis.

---

Definitions:

Weekend Demand

The level of consumer need or interest for products or services during the weekend period.

Price Discriminating

A pricing strategy where a seller charges different prices for the same product or service to different customers based on their willingness to pay.

Total Rounds

The complete number of cycles or sequences in a process or activity.

Nondiscriminating

Characterized by equal treatment and lack of bias towards any party or group.