The correct answer is C. Partly true.
In group insurance, the risk of individuals is not assessed on a case-by-case basis. Instead, the risk of the entire group is assessed. This means that individuals with higher risks may be able to obtain insurance at a lower cost than they would if they were purchasing individual insurance.
However, it is important to note that group insurance is not always available to everyone. In order to qualify for group insurance, individuals must typically be members of a group, such as an employer-sponsored group or a professional association.
Additionally, group insurance policies may have higher deductibles and co-payments than individual insurance policies. This means that individuals who purchase group insurance may have to pay more out of pocket for medical expenses than they would if they were purchasing individual insurance.
Overall, group insurance can be a good option for individuals who are looking for affordable health insurance. However, it is important to compare the costs and benefits of group insurance and individual insurance before making a decision.
Here is a brief explanation of each option:
- A. TRUE. This option is partly true because the risk of individuals is not assessed on a case-by-case basis in group insurance. However, it is important to note that group insurance is not always available to everyone and group insurance policies may have higher deductibles and co-payments than individual insurance policies.
- B. FALSE. This option is false because the risk of individuals is not assessed on a case-by-case basis in group insurance.
- C. Partly true. This option is correct because the risk of individuals is not assessed on a case-by-case basis in group insurance, but it is important to note that group insurance is not always available to everyone and group insurance policies may have higher deductibles and co-payments than individual insurance policies.
- D. Partly false. This option is false because the risk of individuals is not assessed on a case-by-case basis in group insurance.