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Which of the following is an example of independent invention,the process by which people in different societies have innovated and changed in similar but independent ways?
Premiums
Periodic payments made to an insurance company in exchange for coverage and protection against financial loss or damage.
Co-payment
A fixed amount paid by a health insurance plan member for covered services, with the remainder being covered by the insurance.
Deductible
The amount paid out of pocket by the policyholder before an insurance policy begins to pay.
Incentivize
To provide motivation or encouragement through rewards or benefits, aiming to promote certain behaviors or actions.
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