Which of the following parties is likely to have the most information about the health of an individual who is trying to purchase a health insurance policy?

Question

Quizplus · Accepted Answer

The individual who is applying for the health insurance policy is likely to have the most information about their own health. They are able to provide details about their medical history, current health condition, and any pre-existing conditions. While insurance companies may gather additional information through medical exams or records, the individual themselves is the primary source of information about their health. The employer may have some information if they provide health benefits or if the individual has disclosed health issues to them, but it is typically less extensive than what the individual can provide. Option D is incorrect because parties do not always have access to the same level of information.

Which of the Following Parties Is Likely to Have the Most