Which of the Following Is True About Private Group Insurance

question 58

Multiple Choice

Which of the following is true about private group insurance?

• A)Individuals spread fixed costs over more people.
• B)Insurance risks are pooled in small groups.
• C)ERISA rules provide favorable tax treatment for large groups.
• D)Individuals have more bargaining power when negotiating over prices.
• E)Concern for employee security helps explain the prevalence of employer-sponsored insurance plans.

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Definitions:

Positive Behaviors

Actions or reactions that are generally considered beneficial, constructive, or productive in nature, promoting well-being and positive outcomes.

Reinforced

Strengthened or supported, especially in the context of behavior reinforcement in psychology, where certain behaviors are encouraged through positive or negative reinforcement.

Models

In psychology, models are theoretical frameworks or representations that help understand complex processes or predict outcomes in various contexts.

Vicarious Reinforcement

Learning or strengthening a behavior by observing the behavior of others, and the consequences of that behavior, rather than experiencing the reinforcement or consequences directly.