Reference no: EM132770433
Problem 1: The community rating approach to health insurance premium pricing:
a. advocates offering the Social Security Medicare program to all individuals irrespective of their age.
b. favors the government's contribution to the health savings account (HSA).
c. prohibits insurance companies from varying rates based on health status or claims history.
d. considers only medical insurance coverage from a private insurance company.
e. offers consumer-directed health plans that go one step beyond a flexible-benefit plan.
Problem 2: A cash surplus on an income and expense statement prepared on a cash basis indicates that:
a. the net worth is equal to zero.
b. investments are less than the cash balance.
c. the payments on debts are not met.
d. the total expense is less than the total income.
e. income and expense are equal.