Answer the following statement(s) true (T) or false (F)

1. Insurance shifts the risk of loss from the individual to a group.
2. For health insurance, group plans usually cost less and provide less coverage than individual plans.
3. HMOs cover all health care, including regular office visits and checkups as well as treatment for illness and accidents and lists doctors that must be used within the HMO
4. POSs and PPOs are hybrids of HMOs.
5. On March 23, 2010, the Affordable Care Act was signed by President Obama. Among other things, it allows individuals to be insured as a dependant on their parents’ health insurance plan until age 26.


1. True
2. False
3. True
4. True
5. True

Education

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