Which of the following statements regarding private health insurance plans is true?
A)In fee-for-service plans, the health care provider is the same as the insurer.
B)In a traditional indemnity plan, the premium cost is low if it is a high-deductible plan.
C)In managed care plans, employers contract with the health care service provider.
D)In traditional indemnity plans, the insured pays 80% of the eligible health care expenses.
E)Group health insurance is a contract between pharmaceutical companies and the health care provider.

Question

Which of the  following statements regarding private health insurance plans is true?
A)In fee-for-service plans, the health care provider is the same as the insurer.
B)In a traditional indemnity plan, the premium cost is low if it is a high-deductible plan.
C)In managed care plans, employers contract with the health care service provider.
D)In traditional indemnity plans, the insured pays 80% of the eligible health care expenses.
E)Group health insurance is a contract between pharmaceutical companies and the health care provider.

Quizplus · Accepted Answer

In a traditional indemnity plan, the premium cost is typically lower if it is a high-deductible plan, as the insured pays more out-of-pocket before the insurance coverage begins.

Which of the Following Statements Regarding Private Health Insurance Plans