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Carmel was paying premiums for health insurance, but when he had surgery, he was surprised to learn he still owed thousands of dollars to the hospital and medical providers. Carmel is ______.
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6 votes
6 votes
Carmel was paying premiums for health insurance, but when he had surgery, he was surprised to learn he still owed thousands of dollars to the hospital and medical providers. Carmel is ______.

User Ronak Agrawal
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1 Answer

19 votes
19 votes

Answer:

Underinsured

Step-by-step explanation:

Carmel was underinsured and that was the reason for his huge debt despite paying premiums for health insurance.

Underinsurance means insufficient insurance coverage.

Underinsurance is situation in which the policyholder is

responsible for a larger percentage of expenses and may lead to financial difficulty.

User Yaxin
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3.5k points
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