In the pure community rating approach to health insurance premium pricing, all policyholders in an area pay:
A. a premium equal to the premium payable to the federal or state insurance exchange for a similar insurance policy.
B. premiums based on their family size, where they live, whether they use tobacco, and their age.
C. the same premium without regard to their personal health, age, or gender.
D. the premium as a contribution to a community pool of funds and utilize it on a need basis.
E. premiums at varied rates based on their health status or claims history.
Answer: C
You might also like to view...
A ________ is made up of a company, its suppliers, distributors, and, ultimately, customers who "partner" with each other to improve the performance of the entire system
A) manufacturing chain B) distribution center C) marketing intermediary D) value delivery network E) disintermediation system
What is the difference between extranets and intranets? Discuss how each system is used
What will be an ideal response?
Proposals are persuasive reports that offer a solution to an identified problem or need
Indicate whether the statement is true or false
Shown below is a pairwise comparison matrix for coffee makers. What are the values of column one's normalized matrix?
Brand 1 Brand 2 Brand 3 Brand 1 1 5 8 Brand 2 1 7 Brand 3 1 A) 1.0000 0.2000 0.1250 B) 0.7547 0.1509 0.0943 C) 1.3250 6.6250 10.600 D) 5.1982 3.8764 4.9721 E) None of the above