A key feature of group medical expense plans is the employee being required to pay a percentage of covered expenses in excess of the deductible. This feature is
A) other insurance.
B) coinsurance.
C) pro-rated insurance.
D) reinsurance.
Answer: B
Business
You might also like to view...
One characteristic of scenario analysis is that:
A) it limits variation to only three of the more likely variable combinations. B) it allows only one variable at a time to change. C) all or nearly all variations are analyzed, regardless of likelihood. D) managers generate each variation by hand.
Business
Benchmarking often compares a company against a key competitor or the industry average
Indicate whether the statement is true or false
Business