Which of the following is a true statement about why someone might want supplemental insurance?
A because supplemental insurance is free (Choice B) to cover expenses that their other insurance policy does not cover B to cover expenses that their other insurance policy does not cover (Choice C) to avoid getting a fine for not having one C to avoid getting a fine for not having one (Choice D) to replace their existing insurance policy with a new one D to replace their existing insurance policy with a new one
B to cover expenses that their other insurance policy does not cover
The true statement about why someone might want supplemental insurance is B) to cover expenses that their other insurance policy does not cover. Supplemental insurance can provide additional coverage for expenses that may not be covered by their primary insurance policy.
The correct answer is B: to cover expenses that their other insurance policy does not cover.
When someone has an insurance policy, it usually provides coverage for specific types of expenses or situations. However, there may be certain expenses or situations that are not covered by their primary insurance policy. In such cases, having supplemental insurance can be beneficial.
Supplemental insurance is designed to provide additional coverage for expenses that are not covered by the main insurance policy. It can help fill the gaps in coverage and provide financial protection for things like deductibles, co-pays, or services not covered by the primary policy.
To find the correct answer to this question, it is important to carefully read and analyze each statement. In this case, choice B mentions covering expenses that the other insurance policy does not cover, which aligns with the purpose of supplemental insurance.
Government-provided health plans are insurance policies funded by the government, such as Medicaid and the Children's Health Insurance Program (CHIP). Which of the following is a benefit of government-provided health plans?0
(Choice A) lower or no premiums A lower or no premiums (Choice B) no income requirements B no income requirements (Choice C) more coverage options C more coverage options (Choice D) available to everyone regardless of age D available to everyone regardless of age
The benefit of government-provided health plans is (Choice D) available to everyone regardless of age. Government-provided health plans, such as Medicaid and CHIP, are designed to ensure that individuals who meet certain eligibility criteria have access to affordable healthcare coverage, regardless of their age. This makes these plans available to everyone, providing a safety net for those who may not be able to afford or qualify for other types of health insurance.
No its not
I apologize for the incorrect response. The correct answer is (Choice A) lower or no premiums. Government-provided health plans, such as Medicaid and CHIP, often have lower or no premiums compared to private health insurance plans. This makes them more affordable for individuals and families with lower incomes.
Imagine you are a 24 2424-year-old who works part-time at a local grocery store. Health insurance is a benefit offered at your job, but only to full-time employees. You don't have any pre-existing health conditions, and your income is low. Which of the following is the least expensive option in this scenario?
(Choice A) individual health plan A individual health plan (Choice B) employer-sponsored plan B employer-sponsored plan (Choice C) Medicaid C Medicaid