Question
Which of the following descriptions best describes an insurance premium?
a. The amount paid by the patient before the insurance will begin to make payments. Paid on a yearly basis.
b. The amount paid by the patient for every visit to the doctor. Usually between 15-40 dollars.
c. The amount paid to the insurance agency for a health insurance policy. Usually paid monthly.
d. This is an expense that must be paid by the patient.
a. The amount paid by the patient before the insurance will begin to make payments. Paid on a yearly basis.
b. The amount paid by the patient for every visit to the doctor. Usually between 15-40 dollars.
c. The amount paid to the insurance agency for a health insurance policy. Usually paid monthly.
d. This is an expense that must be paid by the patient.
Answers
GPT-4o mini
The description that best describes an insurance premium is:
c. The amount paid to the insurance agency for a health insurance policy. Usually paid monthly.
c. The amount paid to the insurance agency for a health insurance policy. Usually paid monthly.