Question

please answer these questions carefully ASAP AND MAKE SURE ITS CORRECT

D Question 23 1 pts Which of the following is a type of cost-sharing in insurance? Please choose all the apply co-payment deductible coinsurance None of the listed D Question 24 1 pts Cost-sharing increases moral hazard. True False D Question 25 Which of the following is a description of self funded programs (self funded health plans)? Please choose all that apply designed initially for large companies that have branches across the United States different states State governments regulatelt It is not a traditional health insurance ERISA 1974 regulates it Question 26 Federal Poverty Level (FPL) is used to determine the eligibility for Medicare

Answer 1

Question 23 Answer YES Which of the following is a type of cost sharing in insurance.Please choose all the apply. Option co-payment deductible coinsurance None of the listed Question 24 cost-sharing increases moral hazard Option True Answer No Yes FALSE Note: Generally,moral hazard is in Insurance industry where insured engages in risky behaviour because he knows the other party insurance co.) bears it But in case of Co-insurance, moral hazard will be reduced as the insured also bears the cost.

Question 25 Which of the following is a description of self funded programs(Self funded health plans)? Answer Yes Option Designed initially for large companies that have branched across united states(different states) State government regulate it It is not a traditional health insurance ERISA 1974 regulates it Since ERISA preempts state laws. [res Question 26 Federal Poverty level(FPL) is used to determine the eligibility criteria for medicare Option Answer TRUE FALSE