Author Question: A key feature of group medical expense plans is the employee being required to pay a percentage of ... (Read 111 times)

jwb375

  • Hero Member
  • *****
  • Posts: 540
A key feature of group medical expense plans is the employee being required to pay a percentage of covered expenses in excess of the deductible. This feature is
 
  A) other insurance.
  B) coinsurance.
  C) pro-rated insurance.
  D) reinsurance.

Question 2

All of the following are reasons why employers self-insure medical expense plans EXCEPT
 
  A) to reduce certain costs, such as premium taxes and commissions.
  B) to provide mandated state benefits.
  C) to retain funds until needed to pay claims.
  D) to eliminate the need to comply with separate state laws.



amcvicar

  • Sr. Member
  • ****
  • Posts: 341
Answer to Question 1

Answer: B

Answer to Question 2

Answer: B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

Children with strabismus (crossed eyes) can be treated. They are not able to outgrow this condition on their own, but with help, it can be more easily corrected at a younger age. It is important for infants to have eye examinations as early as possible in their development and then another at age 2 years.

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

For a complete list of videos, visit our video library