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:

Victoria Terminus

A historic railway station in Mumbai, India, notable for its Victorian Gothic Revival architecture and a symbol of the city's colonial past.

Taj Mahal

A world-renowned ivory-white marble mausoleum in Agra, India, built by Mughal Emperor Shah Jahan in memory of his wife Mumtaz Mahal.

Great Temple of Madurai

A historic Hindu temple located in Madurai, Tamil Nadu, India, dedicated to the goddess Parvati and her consort Shiva, known for its intricate architecture and towering gopurams.

17th Century

The period in history from the year 1601 to 1700, characterized by significant cultural, political, and scientific developments.