8
QuizMultiple Choice

Health Insurance

Question 8 • 26-27 Ignite Financial Literacy Personal Finance - EL3403

Health insurance helps to protect you from financial loss by _____.

Answer
A
paying for some or all of your medical costs while you are insured.
B
working with medical care providers to minimize or discount the total cost of medical care.
C
connecting you with health care representative to help keep you in good medical condition to avoid excessive medical care costs.
D
informing you about lectures, classes, and presentations that help inform you about maintaining good medical condition to avoid excessive medical care costs.

Explanation

Health insurance protects you from financial loss by covering some or all of the costs of medical care while your policy is active. The other choices describe ways to reduce or prevent medical costs, but they are not the basic financial protection insurance provides. The correct choice is “paying for some or all of your medical costs while you are insured.”

AI-written and checked against the verified answer.

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