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AssignmentMultiple Select

Insurance

Question 4 • GA-GSE Personal Finance and Economics

Lauren is a healthy 27-year-old who does not plan to visit the doctor. What are the best reasons for her to find a health insurance plan anyway? Choose two correct answers.It can help her pay for an unexpected medical bill.It will guarantee that she has no medical expenses.It will reduce the cost of health insurance in the future.It is guaranteed to reduce her monthly expenses.It can help her pay for checkups and preventative care.

Answer
A
It can help her pay for an unexpected medical bill.
B
It will guarantee that she has no medical expenses.
C
It will reduce the cost of health insurance in the future.
D
It is guaranteed to reduce her monthly expenses.
E
It can help her pay for checkups and preventative care.

Explanation

Health insurance can help cover the cost of an unexpected illness or injury, protecting Lauren from having to pay the entire bill herself. Many plans also cover checkups and preventive care, sometimes at no extra cost when she uses an in-network provider. Insurance does not guarantee that she will have no medical expenses or lower monthly expenses, and it does not guarantee cheaper insurance later.

AI-written and checked against the verified answer.

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