Business and Personal Finance Unit 4 Chapter 14 © 2007 ... - Quia
Business and Personal Finance Unit 4 Chapter 14 © 2007 ... - Quia
Business and Personal Finance Unit 4 Chapter 14 © 2007 ... - Quia
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<strong>Chapter</strong> <strong>14</strong><br />
Health, Disability, <strong>and</strong> Life Insurance<br />
Reviewing Key Concepts<br />
1. Explain how increasing co-payments <strong>and</strong> deductibles affects<br />
premium rates.<br />
The cost of a health insurance policy is affected by the size of the<br />
deductible, which is the set amount that the policyholder must pay<br />
toward medical expenses before the insurance company pays<br />
benefits.<br />
It can also be affected by the terms of the coinsurance provision.<br />
<strong>Business</strong> <strong>and</strong> <strong>Personal</strong> <strong>Finance</strong> <strong>Unit</strong> 4 <strong>Chapter</strong> <strong>14</strong> © <strong>2007</strong> Glencoe/McGraw-Hill<br />
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