Answer:
The correct answer to the following question will be "would be disallowed for a reason other than to reduce the cost of the insurance".
Step-by-step explanation:
A group of people formed to get a lower joint premium insurance rate, it would be disallowed. For a reason other than reducing insurance costs, group formation must be.
Group health insurance has many advantages such as:
- One of the biggest is cost reduction.
- This helps the individual who considers they can afford insurance for themselves and their family but also helps the employer who wants to provide good insurance to their employees that they might afford to help with.