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The purpose(s) of the coinsurance provision in major medical insurance policies include which of the following? 1. To reduce premiums. II. To encourage utilization of
The purpose(s) of the coinsurance provision in major medical insurance policies include which of the following? 1. To reduce premiums. II. To encourage utilization of plan benefits in order to prevent more serious illness and reduce long-run costs. a) I only Ob) Il only c) both I and II d) neither I nor 11
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