Answered

QUESTION 9/10
What is a premium?
A. The amount you are personally required to pay before your
health
insurance covers your medical costs.
B. A fixed fee you pay for specific medi
C. The most you have to pay for health care in a full year.
D. The amount you pay the health insur
month for coverage.



Answer :

GinnyAnswer

Final answer:

A premium is the payment for health coverage, along with deductible and co-payment expenses involved in health insurance.


Explanation:

Premium is the amount a policy-holder pays for health coverage. A deductible is the out-of-pocket amount before the insurer pays, and a co-payment is the out-of-pocket payment for a specific service or visit.


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