8
QuizMultiple Choice

Insurance and Financial Protection — Quiz

Question 8 • Personal Finance

Which factors increase out-of-pocket healthcare costs? Select two.

Answer
A
Higher deductible
B
Employer contribution
C
Higher coinsurance
D
Preventive care coverage

Explanation

A higher deductible means you pay more for covered care before your insurance begins sharing costs. Higher coinsurance means you pay a larger percentage of the bill after meeting the deductible. Employer contributions and preventive care coverage generally reduce what you pay yourself, so the correct choices are higher deductible and higher coinsurance.

AI-written and checked against the verified answer.

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