Which of the following statements concerning the financial stability of health care insurers is false?
A) There has never been a financial collapse of a health insurance company.
B) Federally-qualified HMOs must carry insurance to cover the unpaid bills of patients in the event they become insolvent.
C) Private firms rate the financial stability of commercial health care insurers.
D) In many states commercial health insurers are protected by state guarantee funds.
Correct Answer:
Verified
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