Upon Your Graduation from University, You Find That the Economy

question 76

Multiple Choice

Upon your graduation from university, you find that the economy is in recession and the unemployment rate is relatively high.Nonetheless, you continue along your career path looking for a new job because

• A)the cost of additional education is always higher during recession.
• B)high unemployment rates do not usually last for very long.
• C)looking for work is your only option.
• D)the wages of university graduates do not fall during recession.
• E)recessions typically last longer than it takes to complete a second university degree.

---

Definitions:

Loss-of-Income Benefits

Financial compensations provided typically through insurance or workers' compensation for individuals who cannot work and earn an income due to a disability or injury.

Insured Disability

A condition where an individual is protected under an insurance policy that provides income in the case they are unable to work due to a disability.

Precertification

The process of obtaining authorization from a health insurance company before receiving medical services to ensure coverage.

Preauthorization (Predetermination)

The process where a healthcare provider must obtain approval from a health insurance company before providing specific services to ensure coverage.