polasteven86 polasteven86

20-06-2024
Business

Answered

The cost of the coverage that the insurance policy contains is known as the:

A. discount
B. preauthorization
C. deductible
D. premium

Answer :

GinnyAnswer GinnyAnswer

20-06-2024

Final answer:

The cost of the coverage in an insurance policy is referred to as the premium, while a deductible is the amount the insured needs to pay before the insurer covers costs.

Explanation:

The cost of the coverage that the insurance policy contains is known as the premium. A deductible, on the other hand, is the amount that an insured individual must pay out-of-pocket before the health insurer pays its share.

Learn more about Health insurance here:

https://brainly.com/question/43217584

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