Question 5008 of 287 · Texas Life, Accident and Health Agent Exam

Major medical insurance is characterized by

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Correct answer to question 5008

  • D: high benefit limits, deductibles, and coinsurance for a wide range of covered expenses

Explanation

Major medical pays a large percentage of covered expenses after the deductible, up to a high maximum. The insured shares the cost through coinsurance.

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