Respuesta :
True. Health insurance is based on the idea that policyholders pay affordable premiums so they never have to face catastrophic medical bills.
What is Health insurance?
Health insurance is a type of insurance that covers the cost of medical care. It helps to pay for medical expenses incurred by an individual or family. It may be provided by employers, an individual or family, or a government program. It may cover medical costs for hospital stays, doctor visits, prescription drugs, and other medical services.
What do you mean by Policyholders?
Policyholders are individuals or entities that have purchased an insurance policy from an insurance provider. They are the people or organizations who have legal rights and responsibilities under the terms and conditions of the policy. They are the ones who are insured and benefit from the coverage provided by the policy.
Therefore, the statement is true.
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