Explain what factors should be considered in evaluating available employer sponsored health insurance plans.
Answer to relevant QuestionsDiscuss possible sources of health insurance available to supplement employer sponsored health insurance plans.Explain the cost containment provisions commonly found in medical expense plans. How might the provision for second surgical opinions help an insurer contain its costs?David Chen was seriously injured in a snowboarding accident that broke both his legs and an arm. His medical expenses included five days of hospitalization at $900 a day, $6,200 in surgical fees, $4,300 in physician’s fees ...Explain the principle of indemnity. Are any limits imposed on the amount that an insured may collect under this principle?Define no-fault insurance and discuss its pros and cons.
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