Which of the  Following Statements Regarding Private Health Insurance Plans

question 54

Multiple Choice

Which of the  following statements regarding private health insurance plans is true?

• A)In fee-for-service plans, the health care provider is the same as the insurer.
• B)In a traditional indemnity plan, the premium cost is low if it is a high-deductible plan.
• C)In managed care plans, employers contract with the health care service provider.
• D)In traditional indemnity plans, the insured pays 80% of the eligible health care expenses.
• E)Group health insurance is a contract between pharmaceutical companies and the health care provider.

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Definitions:

Cam Displacement Diagram

A graphical representation used in mechanical engineering to show how the position of a cam changes over time.

Working Drawing

Detailed drawings that provide all the information necessary for the manufacture or construction of a part or assembly.

Detailed Drawing

A technical drawing that provides comprehensive details needed to fabricate or manufacture a part, including dimensions, materials, and specifications.