Ask Question
HistoryHistory
29 April, 17:44

Choose all the factors that contribute to how health insurance premiums are determined

+5
Answers (1)
  1. 29 April, 18:12
    0
    location, age, tobacco use, plan category.

    Explanation:

    The cost of the premium is determined by health insurance companies after assessing your lifestyle, medical history, pre-existing illnesses, and other similar factors. Most of the health insurance providers have their own set parameters and based on them they fix the quotation price.

    How insurance companies set health premiums. Five factors can affect a plan's monthly premium: location, age, tobacco use, plan category, and whether the plan covers dependents. FYI Your health, medical history, or gender can't affect your premium.

    The two most-cited reasons for these increases were government policy and lifestyle changes. Government programs like Medicare and Medicaid have increased overall demand for medical services-resulting in higher prices.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Choose all the factors that contribute to how health insurance premiums are determined ...” in 📗 History 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
Who were the two leaders of Latin America mentioned who struggle for independence from Spain?
Answers (1)
How did joseph c. rodríguez earn his medal of honor
Answers (1)
Why did the south believe Lincoln would free all slaves? A. His earlier speeches warned of a division over slavery. B. His inaugural speech promised to end slavery. C. He told reporters in his election campaign. D.
Answers (1)
What did karl marx and max Weber both uncover as a result to their sociological studies?
Answers (1)
Ghana, Mali, and Songhai were three of the greatest western African trading states. Beginning with Ghana as early as 300 c. e. and ending with the conquest of the Songhai by Morocco in the 16th century c. e.
Answers (1)
New Questions in History
Which of the following beliefs has been central to egyptain religion
Answers (1)
During the American Revolution, Loyalists in Florida ... A) fought in the Siege of Pensacola. B) led raids on towns controlled by the British. C) fought to become a French colony. D) led raids on towns sympathetic to patriots.
Answers (1)
How did both the signing of the Magna Carta and the Glorious Revolution influence the development of the American Revolution? A. They established the idea that leaders should have limits on their power. B. It rejected the notion of a social contract.
Answers (1)
What became a significant threat to church power as a result of the great western schism? A. reformers began to challenge the tradition role of church B.
Answers (2)
Which factor led to the success of the Mughal Empire? a) They allowed no outside influences to impact Islamic culture. b) They invaded a land, took the wealth, and left the people to govern themselves.
Answers (1)
Home » History » Choose all the factors that contribute to how health insurance premiums are determined
Sign Up Forgot Password?