Question

All of the following have risen in number over recent years EXCEPT:

Select the correct answer

1. the cost of medical equipment.

2. the age at which people are dying.

3. catastrophic illnesses

4. traditional insurance plans.

Answer 1

Ans:traditional insurance plans

Traditional insurance plan provides multiple benefits like risk cover, fixed income return,safety and tax benefit. This is the oldest which plan has been decreasing in number because ofMedicare' and Medicaid advance program.

Because of inflation the cost of medical equipment is increasing.

New advance technology in medicines increases the life expectancy.

Catastrophic illnesses are increasing due to modern life style.