When Health Insurance Is Purchased Primarily Through One's Employer

question 113

Multiple Choice

When health insurance is purchased primarily through one's employer,

• A) direct purchase of health insurance becomes cheaper.
• B) the benefits of the healthcare insurance are fully taxable.
• C) it is more costly for employees to switch jobs and move to areas where jobs are available.
• D) the overall number of people without health insurance decreases.

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Definitions:

MBA Degree

Master of Business Administration, a postgraduate degree focusing on business administration and investment management.

Life Expectancy

The average number of years an individual or population is expected to live, based on statistical averages.

Standard Deviation

A measure of how spread out numbers are around the mean of a data set, indicating the dispersion or variability.

Normally Distributed

Describes a distribution of data where most observations cluster around the mean and the distribution is symmetric around the mean, forming a bell-shaped curve.