Personal Finance (MindTap Course List)
Personal Finance (MindTap Course List)
13th Edition
ISBN: 9781337099752
Author: E. Thomas Garman, Raymond Forgue
Publisher: Cengage Learning
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Chapter 1.5, Problem 2CC
Summary Introduction

To determine : The benefits of participating in a high-deductible health care plan at work.

Introduction: High-deductible health care plans when compared to the traditional health care plans offers higher deductibles with lower premiums. It is an excellent insurance plan for the young people who are not much exposed to different illnesses.

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Students have asked these similar questions
With respect to employer-sponsored health insurance plans, the amount of money a covered participant must pay before health insurance benefits become active is known as which of the following? Select one: a. Premium b. Safe harbor c. Deductible d. Coinsurance
Give the formula for computing a deduction for group health insurance
What are the advantages and disadvantages of HAS along with a high-deductible health insurance plan?
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