Blue Cross and Blue Shield uses
A) Experience rating premiums
B) Community rating premiums
C) Uniform rating premiums
Correct Answer:
Verified
Q6: Assume a high-risk person;has a 0.50 probability
Q7: Explain why insurance companies may be hesitant
Q8: Are high concentration ratios indicative of market
Q9: Assume a high-risk;person has a 0.50 probability
Q10: A movement of the medical loss ratio
Q12: The Health Insurance Portability and Accountability Act
Q13: Explain why the use of community-rated premiums
Q14: Premiums based on experience ratings
A)Are uniform across
Q15: If the health insurance premium is equal
Q16: Assume the health insurance market is perfectly
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