Which Type of Costs Are Related to Higher Insurance Premiums

question 27

Multiple Choice

Which type of costs are related to higher insurance premiums and increased disability payments due to obesity-related health conditions?

• A)indirect medical costs
• B)direct medical costs
• C)Medicare costs
• D)Medicaid costs

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Definitions:

Diversified Equity Mutual Fund

A mutual fund that invests in a wide range of equities from various sectors to reduce investment risk.

Canadian Companies

Businesses that are registered, operated or have a significant presence in Canada.

Compounded Quarterly

A method of calculating interest in which the interest is compounded quarterly, being added to the principal amount four times annually.

Annual Rate of Inflation

the percent increase in the price level of goods and services across the economy over the course of a year.