Complains about the cost of healthcare insurance

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Reference no: EM132629763

Everyone (including those on the Exchange plans) complains about the cost of healthcare insurance...premiums, deductibles, co-insurance, co-payments...much less the exorbitant "out-of-pocket caps."

Questions:

-How does health insurance risk differ from other types of insurance risk (e.g., automobile or homeowners insurance)?

-How might this difference "insulate" the insured from the actual cost of healthcare?

Reference no: EM132629763

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