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Homework answers / question archive / Which of the following statements regarding private health insurance plans is true? a

Which of the following statements regarding private health insurance plans is true? a

Finance

Which of the following statements regarding private health insurance plans is true? a. In a traditional indemnity plan, the premium cost is low if it is a high-deductible plan. b. In managed care plans, employers contract with the health care service provider. c. In traditional indemnity plans, the insured pays 80% of the eligible health care expenses. d. In fee-for-service plans, the health care provider is the same as the insurer. e. Group health insurance is a contract between pharmaceutical companies and the health care provider. 

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Answer Correct Option is (a) In a traditional indemnity plan, the premium cost is low if it is a high-deductible plan.

Reason :

When the imdemnity plans also provides for deductibility , the premium cost is low.Therefore In a traditional indemnity plan, the premium cost is low if it is a high-deductible plan is the correct statement.