After You Have Reached a Certain Limit That You Must

question 73

Multiple Choice

After you have reached a certain limit that you must pay for the deductible and coinsurance, the insurance company covers 100% of any additional cost. This is called

• A) Reimbursement.
• B) Out-of-pocket limit.
• C) Deductible.
• D) Internal limit.
• E) Indemnity.

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Definitions:

Plan A

The primary strategy or course of action intended to achieve a specific goal before any alternatives are considered.

Likely

Having a high probability of occurring or being true.

Task Conflict

A form of conflict that arises over disagreements related to the work being done, goals to achieve, or methods to be used, which can sometimes lead to improved outcomes through increased group discussion and critical analysis.

Acquire

To gain possession or ownership of an item, skill, or knowledge through purchase, effort, or experience.