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What is insurance coverage?
The agreement you have with an insurance company
The amount your insurance company is willing to pay
The amount you pay to the insurance company each month
The amount you pay for visits to a doctor


2. The dollar amount you have to pay before an insurance plan takes effect and the insurance company starts paying is the __________. (Select the best answer.) (Points : 1)
Coverage rate
Co-pay
Premium
Deductible


3. Which of the following things does the Affordable Care Act do? (Select the best answer.) (Points : 1)
Regulates the amount of co-pays
Provides insurance for people over 65
Requires all businesses to provide health insurance to their employees
Allows young adults to stay on their parents’ insurance until the age of 26

Respuesta :

metchelle
The answers of the given questions above are the following:
1. The insurance coverage is the amount your insurance company is willing to pay. The correct answer is option B. Insurance transaction involves the insured assuming a guaranteed loss in the form of payment to the insurer in exchange for the insurer's assurance to reimburse the insured in the event of a covered loss.
2. The correct answer would be option D. Deductible
3. The correct answer would be option D. Allows young adults to stay on their parents' insurance until the age of 26. 

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