What Are Consequences of Being Uninsured and Underinsured in the US

question 3

Multiple Choice

What are consequences of being uninsured and underinsured in the US?

• A) Cumbersome paperwork for claims
• B) Increases in unavoidable mortality
• C) High cost of preventative care visits
• D) Financial burdens and poor-quality care

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Definitions:

Credit Risks

This is the risk that a borrower will default on any type of debt by failing to make required payments, impacting lenders and investors.

Credit Analysis

The process of evaluating an applicant's loan request or a corporation's debt issue in order to determine the likelihood of the borrower repaying the loan.

Financial Statement

A written report which quantitatively describes the financial health of a company.

Commercial Paper

An unsecured, short-term debt instrument issued by a company, typically for the financing of accounts receivable, inventories and meeting short-term liabilities.