In: Economics
Which statement is FALSE about individual private insurance?
Private health insurance is the main method of paying health care. | ||
Private health care insurance never became a dominant method of paying for health care because of the huge administrative cost. | ||
None of the above options. | ||
The health plan gives the payment to the provider in exchange for health care services. | ||
With private health insurance, a third party is added in between the patient and the health care provider. |
The answer to the question is option d) The health plan gives the payment to the provider in exchange for health care services...