[amp_mcq option1=”Employees of a company” option2=”Credit card holders of an organisation” option3=”Professional association members” option4=”Group of unrelated individuals formed for the purpose of availing group health insurance” correct=”option4″]<\/p>\n
The correct answer is D. Group of unrelated individuals formed for the purpose of availing group health insurance.<\/p>\n
A group health insurance policy is a type of health insurance that is offered to a group of people, such as employees of a company, members of a professional association, or members of a credit union. The group health insurance policy is typically less expensive than individual health insurance policies, because the risk is spread out over a larger number of people.<\/p>\n
In order to be eligible for a group health insurance policy, the individuals must be part of a group that is eligible for the policy. For example, employees of a company must be employed by the company in order to be eligible for the company’s group health insurance policy. Members of a professional association must be members of the association in order to be eligible for the association’s group health insurance policy.<\/p>\n
A group of unrelated individuals who are not part of any organization would not be eligible for a group health insurance policy. This is because there is no group to spread the risk over, and the insurance company would be taking on a greater risk by insuring these individuals.<\/p>\n
Here is a brief explanation of each option:<\/p>\n
[amp_mcq option1=”Employees of a company” option2=”Credit card holders of an organisation” option3=”Professional association members” option4=”Group of unrelated individuals formed for the purpose of availing group health insurance” correct=”option4″]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[261],"tags":[],"class_list":["post-32251","post","type-post","status-publish","format-standard","hentry","category-insurance","no-featured-image-padding"],"yoast_head":"\n