QUESTION IMAGE
Question
questions:
- the higher the amount of your deductible, the ________ your premium (monthly payments) will be and vice versa
a. higher
b. lower
- how long can you remain on your parents health insurance policy?
a. 18
b. 21
c. 22
d. 26
Brief Explanations
- For insurance policies, a higher deductible means the policyholder pays more out-of-pocket before coverage starts, so the insurer charges lower monthly premiums to offset reduced risk.
- Under the U.S. Affordable Care Act, young adults can stay on their parents' health insurance until they turn 26, regardless of student status, marital status, or residency.
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- b. Lower
- d. 26