NSC407
Question: The tendency for only those who will benefit from insurance to buy it or participate in it is known as
Answer: Adverse selection
Question: The concept of health insurance was proposed in 1694 by family
Answer: Peter Chamberlen
Question: The origin of health insurance can be traced to
Answer: Medieval Europe
Question: Insurance program guarantee citizens financial benefits for events which are beyond individual control, such as
Answer: Disability
Question: is a condition where people overuse medical care because of the knowledge that health insurance will take care of medical bills
Answer: Moral hazard
Question: Community resources are to be mobilized in the spirit of
Answer: Self-help
Question: Which of these is not a main problem with private health insurance?
Answer: Health hazards
Question: Which of these is a feature of social insurance?
Answer: All of the above
Question: In social insurance, higher income earners will subsidize those with and those
Answer: Lower income
Question: By the early compulsory health had been developed in Europe under the name of sickness and maternity insurance
Answer: 1930s
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