Economy, asked by shahsanjay3394, 1 year ago

Group market is the leading model of health insurance true or false

Answers

Answered by aqibkincsem
1

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Group market is the leading model of health insurance. The answer is – true.


This model provides health insurance members of a group who can be the employees of any company or members of any organisation.


This is far cheaper than individual plans yet it covers almost all the benefits of individual plans.

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Answered by mindfulmaisel
0

‘Group market is the leading model of health insurance’ is a TRUE statement.

Explanation:

  • The group market consists of group insurance schemes, which is a form of insurance that covers a group of people.  
  • It could be people working in an enterprise, members of some association, and people from a specific society or more.  
  • It is a form of insurance scheme that an employer would take for all his employees.  
  • The insurance schemes would cover the people working in the company through the different schemes of group insurance.  
  • Insurance schemes include health insurance, life insurance, and other forms of personal insurance schemes.

Learn more about Group market

In marketing a distinctive group of consumers is known as

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