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QUESTION IMAGE

coverage for catastrophic or prolonged illnesses and injuries is known …

Question

coverage for catastrophic or prolonged illnesses and injuries is known as
a. universal health insurance.
b. major medical insurance.
c. single - payer plan.
d. coinsurance.

Explanation:

Brief Explanations

Major medical insurance is designed to cover catastrophic or prolonged illnesses and injuries. Universal health insurance aims to provide coverage for all citizens. A single - payer plan is a system where one entity (usually the government) pays for healthcare. Coinsurance is a cost - sharing mechanism where the insured pays a percentage of the cost.

Answer:

b. major medical insurance.