Question:
Most people prefer to pay health insurance premiums rather than pay out-of-pocket for medical expenses because
A. People are cautious and believe they are less likely to get sick if they have health-insurance coverage.
B. Doctors and hospitals always provide better care to people who have health insurance.
C. People still feel more secure with a health insurance policy, even though out-of-pocket costs are often lower.
D. Medical costs can be extremely high, and insurance is more affordable than paying out-of-pocket for a hospital stay.
Answer:
D. Medical costs can be extremely high, and insurance is more affordable than paying out-of-pocket for a hospital stay.
