n NISM Certifications
NSM General NISM
Medium

What is the purpose of co-payment in health insurance?

Practice question from IC 38 Mock Test 19 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. To discourage insured individuals from making unnecessary hospitalizations

    Correct answer

  2. B

    To increase the overall coverage amount for insured losses

  3. C

    To provide additional financial support for expensive treatments

  4. D

    To eliminate the need for deductibles in health insurance policies

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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