Paige's organization provides group health insurance.The plan covers "major medical" costs for each employee in any given year that total more than $10,000.Her group health insurance is a ________.

Question

Quizplus · Accepted Answer

A high-deductible health plan typically has a higher deductible than a low-deductible plan, and often features lower premiums in exchange. The plan described in the scenario provides coverage only for major medical expenses that exceed a certain threshold, which is characteristic of high-deductible plans.

Paige's Organization Provides Group Health Insurance