Question

What is a premium?

A. A fixed fee you pay for specific medical services.
B. The amount you are personally required to pay before
your health insurance covers your medical costs.
C. The amount you pay the health insurance company
every month for coverage.
D. The most you have to pay for health care in a full year.

Answer 1

C. The amount you pay the health insurance company every month for coverage.

Step-by-step explanation:

A premium is an amount that is needed to be paid [periodically] to an insurer/insurance policy. By the word, periodically, this means that an amount (money) is paid on a regular occurrence, which in this case, is every month.

By this definition, the correct answer to be concluded is answer choice, "C."

Answer 2

Step-by-step explanation:

Premium is an amount to be paid for an insurance policy. Basically, it is the amount of money that you pay to a health insurance company every month. Therefore, the correct option for this question is C.

Answer: Option C