In Addition to Covering the Costs of Unpredictable Events, Health

question 51

Multiple Choice

In addition to covering the costs of unpredictable events, health insurance typically covers many planned expenses, such as routine checkups, annual physicals, and the cost of vaccinations.Because of this, health insurance

• A)discourages overuse of health care services.
• B)encourages overuse of health care services.
• C)generates an efficient quantity of health care services.
• D)is not accepted by most doctors and hospitals.

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Definitions:

Cost-Saving

Cost-saving refers to measures or actions taken to reduce expenses and increase efficiency, thereby saving money.

Alternative Dispute Resolution

A range of dispute resolution methods outside of the judicial process, including mediation and arbitration, aimed at resolving conflicts without going to court.

Optional

Something that is not mandatory and can be chosen according to preference.

Cost-Saving

Strategies or actions taken to reduce expenses and improve efficiency, often to increase profitability.