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Question 16 1 pts A health insurance policy with 10% co-insurance requires the insured to pay 10% of the medical bills that are above the
Question 16 1 pts A health insurance policy with 10% co-insurance requires the insured to pay 10% of the medical bills that are above the deductible the doctor or hospital to reduce charges by 10% the insurance company to rebate 10% of all medical bills Question 17 1 pts Suppose Bob has a health insurance policy with a required 15% coinsurance. Bob is in need of a brain transplant that will cost $1,000,000. Bob could be required to pay almost $150,000 towards the operation. Typically, what policy provision prevents Bob from being required to pay this large amount? co-pays subrogation deductibles out-of-pocket maximum Question 26 1 pts If someone does not repay his/her student loans, wage garnishment is a possibility. This means: O part of your paycheck is withheld and sent to the college you attended employee benefits are added to your paycheck to make it more attractive O A court issues an order requiring your employer to withhold a certain amount of your paycheck and send that money to the institution to whom you owe the money
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