Question

The purpose of medical expense insurance is to

A) pay for the recuperative or nursing care needed after a long illness
B) reimburse the insured for expenses incurred for medical care, hospital care, and related services
C) provide periodic payments to an insured who is disabled and unable to work
D) pay for the medical costs of injuries or disabilities contracted in the course of a worker's employment

Answer 1

Medical expense insurance reimburses the insured for expenses incurred for medical care, hospital care, and related services.

Step-by-step explanation:

The purpose of medical expense insurance is to reimburse the insured for expenses incurred for medical care, hospital care, and related services. This type of insurance is designed to cover the costs associated with medical treatments and procedures, including doctor visits, surgeries, medications, and hospital stays.

For example, if someone who has medical expense insurance needs to undergo surgery, the insurance company will typically pay for a significant portion or all of the expenses related to the surgery, such as the surgeon's fee, anesthesia, and hospital charges.