Since medical expenditures can be very high and insurance is more reasonable than paying out-of-pocket for a hospital stay, the majority of individuals would choose to pay health insurance premiums instead of out-of-pocket medical charges.
Thus, option D is correct.
They skip out on preventive care and wait till their illnesses are further advanced before seeking it out. The expenses are then passed on to society in the form of decreased output, an uptick in communicable diseases, and higher insurance premiums.
It provides protection from theft, loss due to natural disasters like fire and flood, and financial responsibility that may result from an unintended injury to a visitor or guest on your property.
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