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Questions and Answers
What is the purpose of insurance according ?
What is the purpose of insurance according ?
- To guarantee payment for routine check-ups
- To protect the insured from loss (correct)
- To increase the cost of healthcare services
- To provide free medical treatment to everyone
What is the main function of healthcare insurance as explained in the text?
What is the main function of healthcare insurance as explained in the text?
- To reimburse policyholders for medically necessary treatment (correct)
- To provide free medical services to all individuals
- To generate profits for healthcare professionals
- To increase the burden of healthcare costs on individuals
Which of the following is NOT given as an example of an unforeseen event in insurance contracts in the text?
Which of the following is NOT given as an example of an unforeseen event in insurance contracts in the text?
- Illness
- Death
- Routine Check-ups (correct)
- Accident
What is the primary role of an insurance company in an insurance contract?
What is the primary role of an insurance company in an insurance contract?
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How are healthcare insurance and health insurance defined in the text?
How are healthcare insurance and health insurance defined in the text?
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What is the purpose of paying premiums in an insurance contract?
What is the purpose of paying premiums in an insurance contract?
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