Author Question: Which of the following statements about recent developments in group medical coverage is (are) true? ... (Read 51 times)

frankwu · **on:** Jul 11, 2018

Which of the following statements about recent developments in group medical coverage is (are) true?

I. After increasing for many years, the premiums for group medical expense coverage have finally started to decline.
II. A growing number of employers are offering plans with higher deductibles for employees.
A) I only
B) II only
C) both I and II
D) neither I nor II

Question 2

What is the purpose of stop-loss insurance that is used with self-insured group medical expense plans?

A) to require employees to buy insurance for losses in excess of some specified amount
B) to have a commercial insurer pay claims that exceed a specified limit
C) to obtain administrative services from a commercial insurer
D) to exempt self-insured plans from state insurance laws that require mandated benefits