Which of the following is correct?

Question

Quizplus · Accepted Answer

Health insurance plans typically provide coverage for hospital stays, doctors' visits, and medications through reimbursement either partially or fully. Option A is incorrect because it conflates the coverage provided by health insurance with the purpose of paying premiums. While it is true that premiums are paid to maintain health insurance coverage, they do not directly reimburse the insured for their medical expenses. Option B is also incorrect because it describes an employer's responsibility regarding employee health insurance, rather than the coverage itself. Option C is incorrect because disability income insurance typically pays a fixed amount of income to an insured in the case of their inability to work due to injury or illness, rather than covering actual medical costs. Option D is a partial description of disability income insurance but is incomplete and focuses on income replacement rather than medical expenses.

Which of the Following Is Correct