Final answer:
In comparing auto and health insurance, both have deductibles, but the level of options and government involvement differ significantly. Health insurance can involve copayments and has substantial government involvement through programs like Medicare and Medicaid; hence, option B) both types of policies have deductibles is correct.
Step-by-step explanation:
When comparing auto insurance and health insurance, the assertion that you have fewer options with health insurance than with auto insurance is not necessarily true, as both types of insurance offer a variety of plans and coverage levels. It is correct,
however, that both types of policies typically include deductibles, which is the amount you pay out-of-pocket before the insurance starts covering the costs. While insurance often requires cost-sharing as well, health insurance can also involve copayments where you pay a fixed fee for certain services.
In terms of government involvement, there is a significant difference between the two. The government has a substantial role in the health insurance market, especially with programs like Medicare and Medicaid.
This statement establishes that the government has significant involvement in the area of health insurance, much more than in auto insurance. Therefore, the correct answer to this comparison question would be B) both types of policies have deductibles.