Many Health Insurers Require a Deductible Where the Policyholder Pays

question 118

Multiple Choice

Many health insurers require a deductible where the policyholder pays the first part of any loss. The use of a deductible most directly treats the problem of:

• A) free riding.
• B) adverse selection.
• C) people going uninsured.
• D) moral hazard.

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Definitions:

Identity Foreclosure

A stage in the process of identity formation in which an individual commits to an identity without exploring other options or engaging in critical examination of different paths.

Identity Moratorium

A developmental stage of identity exploration during which an individual delays making important decisions regarding personal beliefs and career choices.

Identity Achievement

This term refers to a stage of self-identity development in which individuals have explored options and made commitments to their beliefs, career, and personal identity.

Elisabeth Kübler-Ross

A Swiss-American psychiatrist known for developing the five stages of grief model, which outlines the progression of emotional states experienced by terminally ill patients or those who have lost a loved one.