Statistical Discrimination in the Automobile Insurance Industry Means That Young

question 126

Multiple Choice

Statistical discrimination in the automobile insurance industry means that young male drivers who drive ________ will pay ________ rates relative to the claims they generate.

• A)carefully; lower
• B)recklessly; higher
• C)carefully; higher
• D)slowly; lower

Examine the implications of international trade agreements and structural adjustment programs on national economies and social policies.

Assess the role of international organizations in promoting fair labor practices and economic development.

Understand the concept of cultural mixing and its potential to preserve local cultures amidst global influences.

Understand the health risks associated with smoking, including the impact on coronary artery disease, cancer, and respiratory diseases.

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Definitions:

Group Health Plans

Insurance plans that provide healthcare coverage to a group of members, typically employees of the same company or organization.

Third-Party Payer

A third-party payer is an entity (other than the patient or healthcare provider) that pays for healthcare services, often an insurance company or government program.

Insurance Company

An organization that provides risk management by offering compensation for losses in exchange for payment of premiums.

Fee Disclosure

A practice of informing clients or customers about charges and fees for services provided, ideally in a clear and understandable manner.