History
History, 11.07.2019 00:30, whackybrother24

What are three reason why people get insurance

answer
Answers: 2
Show answers

Similar questions

Предмет
Business, 30.06.2019 02:00, taylor5384
Most people prefer to pay health insurance premiums rather than pay out-of-pocket for medical expenses because people are cautious and believe they are less likely to get sick if they have health-insurance coverage. doctors and hospitals always provide better care to people who have health insurance. people still feel more secure with a health insurance policy, even though out-of-pocket costs are often lower. medical costs can be extremely high, and insurance is more affordable than paying out-of-pocket for a hospital stay.
Answers: 1
continue
Предмет
Business, 30.06.2019 02:00, 21hendlill
Most people prefer to pay health insurance premiums rather than pay out-of-pocket for medical expenses because people are cautious and believe they are less likely to get sick if they have health-insurance coverage. doctors and hospitals always provide better care to people who have health insurance. people still feel more secure with a health insurance policy, even though out-of-pocket costs are often lower. medical costs can be extremely high, and insurance is more affordable than paying out-of-pocket for a hospital stay.
Answers: 1
continue
Предмет
History, 17.10.2019 11:30, iamsecond235p318rq
Before the affordable care act (obamacare), health insurance companies would refuse to sell insurance policies to americans who had a pre-existing condition such as heart disease or diabetes. they refused because such customers would end up costing more in paid-out healthcare benefits than the amounts they would pay in insurance premiums (premiums are the cost customers pay to maintain their insurance). remember that many health insurance companies need to make a profit, and as such are careful about the amount of money coming in in the form of premiums. obamacare banned insurance companies from denying coverage based on pre-existing conditions. the problem with this part of the law is that more sickly people would now be more likely to sign up for health insurance, while healthy people may only pay for insurance once they get sick. this would create a health insurance pool of patients that would tend to be sick and would potentially drive insurance companies out of business. as a way to increase the amount of healthy people in the insurance pool, obamacare also required that all people must buy health insurance or face a fine. the goal here was to have a mix of healthy and sick people buying insurance. this would allow healthy people to pay for the costs of people who got sick. what arguments could be made for or against forcing people to buy health insurance?
Answers: 1
continue
Предмет
History, 19.10.2019 15:00, maxi12312345
Why does insurance often provide "peace of mind"? people know their insurance coverage will prevent accidents and damage. people trust that they will make a profit if they pay insurance premiums. people are not concerned about their health if they can pay for doctor's visits. people are less worried when they know they have protection from risk.
Answers: 3
continue
Do you know the correct answer?
What are three reason why people get insurance...

Questions in other subjects:

Konu
Mathematics, 05.05.2020 02:59
What is the equation of the line that passes through the point (1,3) and has a slope of −3?...
Konu
Mathematics, 05.05.2020 02:59
If A [4 2 -7 -3] and B=[-3 4 -1 5], what is the solution to the equation AX=B?...
Konu
Spanish, 05.05.2020 03:00
What would Summer rather do instead of taking the bus to get to Chichen Itza? walk run stay home ride a bicycle...
Konu
Social Studies, 05.05.2020 03:00
3. What strategies/technologies have been used to overcome this isolation?...
Konu
History, 05.05.2020 03:00
Cuban Missile Crisis PROOF OF UNDERSTANDING...
Konu
Social Studies, 05.05.2020 03:00
In what ways does Perth’s geographical isolation limit our connection with the rest of Australia...
Konu
Mathematics, 05.05.2020 03:00
What two things do you notice about the sample proportions?...
Konu
Chemistry, 05.05.2020 03:00
What mass of hydrogen (H2) is necessary to react with five moles of nitrogen (N2) to produce NH3 in the following chemical reaction? Chemical Reaction: N2 + 3H2 → 2NH3...
Konu
English, 05.05.2020 03:00
Help me plz...
Konu
Mathematics, 05.05.2020 03:00
Which statement is NOT true?...
Other tasks in the category: History More task
See results (0)