Which of the Following Are Components of a Health Insurance

question 10

Multiple Choice

Which of the following are components of a health insurance premium?

• A) Medical loss and administrative load
• B) Medical loss and claim reserves
• C) Administrative load and claims processing costs
• D) Administrative load and profit

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Definitions:

Shape

A geometric figure or outline, abstract or concrete, described by its dimensions, such as its boundary, surface, or volume.

PivotChart

A graphical representation of data in a pivot table in spreadsheet software, allowing for dynamic analysis and visualization of complex data sets.

PivotTable

A feature in spreadsheet software that enables users to reorganize and summarize selected columns and rows of data in a spreadsheet to obtain desired reports.

Row Labels

Identifiers placed at the beginning of rows in a table or spreadsheet, used to describe the data in that row.