ECONOMICS

COST ACCOUNTING

FINANCIAL TERMINOLOGY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The health care items or services covered under a health insurance plan
A
out-of-pocket
B
premium
C
insurance benefit
Explanation: 

Detailed explanation-1: -Health insurance policies cover hospitalisation, pre-and post-hospitalisation, daycare and home treatment expenses. You can also avail of financial coverage for expenses against diagnosis and tests suggested by the doctors.

Detailed explanation-2: -The following are covered under a group insurance policy: Coverage for a group of people. Covers the medical expenses related to diseases, accidents, and illnesses. Pre-and post-hospitalisation charges that take care of expenses before being hospitalised and after discharge in the recovery phase.

Detailed explanation-3: -Care Health Insurance plans cover numerous diseases and provide coverage for hospitalization expenses, ambulance charges, critical illnesses, advanced technology treatment, OPD treatment, domiciliary hospitalization, etc.

There is 1 question to complete.