Purposes of the coinsurance provision in major medical insurance policies include which of the following? I....

Purposes of the coinsurance provision in major medical insurance policies include which of the following? I. To reduce premiums. II. To prevent overutilization of policy benefits. I only Neither I nor II Both I and II II only

Expert Solution

Ans Both I and II

Purposes of the coinsurance provision in major medical insurance policies include to reduce premiums , to prevent overutilization of policy benefits.

jeff jeffy answered 2 years ago

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