How is health insurance different from auto insurance?
Health insurance is required by the federal government; auto insurance is required by both the state and federal governments.
While both types of insurance are required, if you do not have health insurance, you will be required to pay a fee on your taxes.
While several companies sell both types of insurance, businesses only have to provide their employees with auto insurance.
People are required to have a minimum amount of auto insurance, which includes a deductible; people are required to have health insurance, but it does not include a deductible.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “How is health insurance different from auto insurance? Health insurance is required by the federal government; auto insurance is required ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Jimmy just turned 50 and has retirement savings in an IRA. How many years will he have to wait to be able to withdraw money without penalty?
Answers (2)
A client receives a substantial number of goods returned. The client records the return when credit memos are issued (usually one to two weeks after the item is returned). A control that would lead to timelier recording of goods returned would be: a.
Answers (1)
If a taxpayer's pension or annuity includes contributions that were previously included in gross income, the taxpayer may generally:
Answers (1)
If you buy fewer than 10 pairs of uvex clear uvextreme safety eyewear for your employees, the cost is $7.40. but if you buy 10 or more pairs in a single purchase, the price per pair is reduced to $6.85.
Answers (1)
A type of responsibility center which is used primarily in manufacturing facilities based on historical cost data is a (an
Answers (1)
New Questions in Business
What type of inmate labor system puts inmates to work cleaning public parks and maintaining roads and highways? select one:?
Answers (1)
Paul would like to buy $1,000 worth of stock with company abc. if the stock is worth $50 per share, how many shares will paul be able to buy? 21 shares 20 shares 50 shares 1,000 shares
Answers (1)
If the interest earned by a CD is compounded quarterly, which rule is most accurate when calculation how long it will take the money invested in the CD to double
Answers (2)
Being the person everyone goes to with their computer questions in an organization is an example of what type of power? a. legitimate b. reward c. coercive d. expert
Answers (1)
If you take out a loan, which two things do your loan payments go toward? A. Income and cash flow B. Assets and collateral C. Line of credit and the bank D. Principal and interest
Answers (1)