Under experience rating,
A) costs shift from people in poor health to people in good health
B) favorable risk groups pay a lower premium than high-risk groups
C) premiums rise for every one regardless of risk
D) deductibles and copayments are eliminated
Correct Answer:
Verified
Q11: Private health insurance is also referred to
Q12: The phenomenon called 'moral hazard' results directly
Q13: Self insurance was spurred by
A)employers
B)government policy
C)self-employed people
D)managed
Q14: The Employee Retirement Income Security Act (ERISA),
Q15: A health insurance plan pays for medical
Q17: Medigap policies are sold by
A)private insurance companies
B)the
Q18: Under community rating
A)premiums are based on risk
Q19: A copayment is generally paid
A)once a year
B)each
Q20: In national health care systems, total expenditures
Q21: Under the Affordable Care Act what purpose
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