In Germany, which of the following properly describes aspects of Statutory Health Insurance? Covers approximately 87% of the population The premium is set by your income level and is paid through payroll deduction Is a Marketplace where private sickness funds Market plans to citizens and/or business, Much like the insurance Marketplace in the United States established by the Affordable Care Act The premium is set by your performance on an individual health assessment Every German citizen qualifies Only those who make over ~$70,000/year qualify
In Germany, which of the following properly describes aspects of Statutory Health Insurance? Covers approximately 87% of the population The premium is set by your income level and is paid through payroll deduction Is a Marketplace where private sickness funds Market plans to citizens and/or business, Much like the insurance Marketplace in the United States established by the Affordable Care Act The premium is set by your performance on an individual health assessment Every German citizen qualifies Only those who make over ~$70,000/year qualify
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:In Germany, which of the
following properly describes
aspects of Statutory Health
Insurance?
Covers approximately 87% of the
population
The premium is set by your
income level and is paid through
payroll deduction
Is a Marketplace where private
sickness funds Market plans to
citizens and/or business, Much
like the insurance Marketplace in
the United States established by
the Affordable Care Act
The premium is set by your
performance on an individual
health assessment
Every German citizen qualifies
Only those who make over
~$70,000/year qualify
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