What are the advantages of having health care coverage


Problem

a) What are the advantages and disadvantages of having health care coverage? Does it protect from financial risk?

b) From the billing aspect, are there laws that assist in the insurance collections process? If so, what are they?

c) Considering the different government plans and private health plans , what do you think is the best type of health insurance to have?

d) What is the difference between copay, coinsurance and deductibles?

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Financial Accounting: What are the advantages of having health care coverage
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