Health insurance premiums are typically lower when a large group is insured because:
A) larger groups have lower medical expenditures per person,on average.
B) larger groups have more predictable medical expenditures per person,on average.
C) administrative costs increase proportionally with the size of the group.
D) the insurance company can pick and choose which group members to cover.
Correct Answer:
Verified
Q14: Which of the following is NOT true
Q15: Elise's health insurance policy has a deductible
Q16: Suppose that you have private health insurance.Last
Q17: According to a 2012 study by the
Q18: Which of the following would make selling
Q20: One reason employers are the predominant source
Q21: Which of the following is TRUE regarding
Q22: Retrospective reimbursement generally:
A) creates incentives for providers
Q23: Which of the following is a reason
Q24: A person with health insurance who pays
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents