The inability to pay out-of-pocket health care expenses despite having insurance is referred to as underinsurance.

Name: The inability to pay out-of-pocket health care expenses despite having insurance is referred to as underinsurance.
Brand: Quizplus
Rating: 4.8 (53 reviews)

Question

Quizplus · Accepted Answer

Underinsurance refers to the situation where a person has insurance coverage but still cannot afford the out-of-pocket expenses for their healthcare. This can happen due to high deductibles, co-payments, or other cost-sharing requirements imposed by the insurance plan.

The Inability to Pay Out-Of-Pocket Health Care Expenses Despite Having