Which of the Following Statements Is True

question 8

Multiple Choice

Which of the following statements is true?

• A)Physician expense insurance coverage normally includes visits to the doctor's office,x-rays,and lab tests.
• B)Basic health insurance coverage includes hospital expense insurance,surgical expense insurance,and physician expense insurance.
• C)A deductible provision requires the policyholder to pay a basic amount before the policy benefits begin.
• D)A good health insurance plan should impose no unreasonable exclusions.
• E)All of the other statements are truE.

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Definitions:

Optimum Performance

The highest level of efficiency and effectiveness that an individual or organization can achieve under specified conditions.

Year-to-Year Comparison

An analysis method comparing financial or operational performance of a company between two or more consecutive years to assess growth or decline.

Barriers to Entry

Obstacles that make it difficult for a new competitor to enter a market.

Mature Industry

An industry that has experienced long-term growth and is characterized by stability, a slow rate of growth, and fewer opportunities for new entrants.