1. What demographic factor commonly influences health insurance premiums?

A) Age
B) Blood type
C) Gender
D) Marital status
Correct Answer: A) Age
2. Which of the following is a socioeconomic factor affecting health insurance
premiums?
A) Eye color
B) Education level
C) Height
D) Favorite food
Correct Answer: B) Education level

3. What regulatory factor can impact health insurance premiums?

A) Blood type
B) Government policies
C) Education
D) Gender
Correct Answer: B) Government policies

4. What health-related factor may influence health insurance premiums?

A) Favorite hobby
B) History of chronic illnesses
C) Television preference
D) Car model preference
Correct Answer: B) History of chronic illnesses

5. Market competition among insurance providers can affect:

A) The price of electronics
B) Health insurance premiums
C) The popularity of social media platforms
D) The taste of popular beverages
Correct Answer: B) Health insurance premiums

6. Which factor is considered a benefit design aspect affecting health insurance

premiums?
A) Favorite vacation spot
B) Deductibles and copayments
C) Preferred clothing brand
D) Mobile phone preference
Correct Answer: B) Deductibles and copayments

7. Technological advancements in healthcare can:

A) Decrease healthcare costs
B) Increase the availability of healthcare services
C) Increase the cost of health insurance premiums
D) Have no impact on health insurance premiums
Correct Answer: C) Increase the cost of health insurance premiums
8. What regulatory body oversees the insurance sector in India, significantly
impacting health insurance premiums?
A) International Monetary Fund (IMF)
B) Securities and Exchange Board of India (SEBI)
C) Insurance Regulatory and Development Authority of India (IRDAI)
D) Reserve Bank of India (RBI)
Correct Answer: Insurance Regulatory and Development Authority of India (IRDAI)

9. Consumer behaviors such as seeking preventive care can:

A) Decrease healthcare costs
B) Increase healthcare costs
C) Decrease insurance company profits
D) Have no impact on health insurance premiums
Correct Answer: B) Increase healthcare costs

10. What macroeconomic factor may exert an influence on health insurance

premiums?
A) The inflation rate of luxury goods
B) National unemployment rates
C) Viewership trends of streaming platforms
D) Average customer satisfaction scores of local eateries
Correct Answer: B) National unemployment rates

11. How do demographic factors such as age and gender influence health insurance
premiums?
A) They have no impact on premiums
B) They are the only factors considered in premium calculation
C) They are significant factors in premium determination
D) They only influence premiums for certain insurance companies
Correct Answer: C) They are significant factors in premium determination

12. Market competition among insurance providers typically:

A) Decreases health insurance premiums
B) Increases health insurance premiums
C) Has no effect on health insurance premiums
D) Only affects premiums in certain regions
Correct Answer: B) Increases health insurance premiums

13. What is the primary purpose of government regulations on health insurance

premiums?
A) To ensure insurance companies earn maximum profits
B) To restrict access to healthcare services
C) To protect consumers and promote affordability
D) To increase administrative burdens for insurance providers
Correct Answer: C) To protect consumers and promote affordability

14. Which of the following is NOT a typical health-related factor affecting insurance
premiums?
A) Pre-existing medical conditions
B) Frequency of doctor visits
C) Exercise habits
D) Favorite movie genre
Correct Answer: D) Favorite movie genre

15. Benefit design elements such as deductibles and copayments:

A) Increase insurance company profits
B) Decrease healthcare utilization
C) Impact out-of-pocket costs for insured individuals
D) Are irrelevant to premium calculation
Correct Answer: C) Impact out-of-pocket costs for insured individuals

16. How can technological advancements in healthcare impact insurance premiums?

A) By reducing administrative costs
B) By increasing healthcare efficiency
C) By driving up the cost of medical treatments
D) By decreasing the frequency of medical claims
Correct Answer: C) By driving up the cost of medical treatments

17. Which regulatory policy has exerted a notable influence on health insurance
premiums in India?
A) The implementation of GST (Goods and Services Tax)
B) The enactment of the Insurance Regulatory and Development Authority Act
(IRDAI)
C) The establishment of the National Pharmaceutical Pricing Authority (NPPA)
D) The introduction of the Ayushman Bharat scheme
Correct Answer: B) The enactment of the Insurance Regulatory and Development
Authority Act (IRDAI)
18. Consumer behaviors such as smoking and unhealthy eating habits:
A) Have no impact on health insurance premiums
B) Decrease healthcare costs
C) Increase the likelihood of medical claims
D) Decrease the need for medical treatments
Correct Answer: C) Increase the likelihood of medical claims

19. How do macroeconomic factors such as inflation and economic growth influence
health insurance premiums?
A) They have no impact on premiums
B) They decrease premiums
C) They increase premiums
D) They only influence premiums for certain age groups
Correct Answer: C) They increase premiums

20. Regulatory policies on health insurance premiums primarily aim to:

A) Protect insurance company profits
B) Restrict access to healthcare services
C) Promote affordability and consumer protection
D) Increase administrative burdens for insurance providers
Correct Answer: C) Promote affordability and consumer protection

21. Market competition among insurance providers typically:

A) Decreases health insurance premiums
B) Has no effect on health insurance premiums
C) Increases health insurance premiums
D) Only affects premiums in certain regions
Correct Answer: C) Increases health insurance premiums

22. What is the primary purpose of government regulations on health insurance

premiums?
A) To ensure insurance companies earn maximum profits
B) To restrict access to healthcare services
C) To protect consumers and promote affordability
D) To increase administrative burdens for insurance providers
Correct Answer: C) To protect consumers and promote affordability

23. Which of the following is NOT a typical health-related factor affecting insurance
premiums?
A) Pre-existing medical conditions
B) Frequency of doctor visits
C) Exercise habits
D) Favorite movie genre
Correct Answer: D) Favorite movie genre

24. Benefit design elements such as deductibles and copayments:

A) Increase insurance company profits
B) Decrease healthcare utilization
C) Impact out-of-pocket costs for insured individuals
D) Are irrelevant to premium calculation
Correct Answer: C) Impact out-of-pocket costs for insured individuals
25. How can technological advancements in healthcare impact insurance premiums?
A) By reducing administrative costs
B) By increasing healthcare efficiency
C) By driving up the cost of medical treatments
D) By decreasing the frequency of medical claims
Correct Answer: C) By driving up the cost of medical treatments
1. Technological advancements in healthcare can?

Responden
No. Response Percentage (%)
t no.
1 Decrease healthcare costs 5 5%
Increase the availability of
2 10 10%
healthcare services
Increase the cost of health
3 70 70%
insurance premiums
Have no impact on health
4 15 15%
insurance premiums
Tota
100 100%
l

2. What regulatory body oversees the insurance sector in India, significantly

impacting health insurance premiums?

Respondent Percentage
No. Response
no. (%)
International Monetary Fund
1 4 80%
(IMF)
Securities and Exchange Board of
2 6 15%
India (SEBI)
Insurance Regulatory and
3 Development Authority of India 82 10%
(IRDAI)
4 Reserve Bank of India (RBI) 8 5%
Tota
100 100%
l
3. Consumer behaviors such as seeking preventive care can:

Respondent Percentage
No. Response
no. (%)
1 Decrease healthcare costs 20 20%
2 Increase healthcare costs 70 70%
Decrease insurance company
3 7 7%
profits
Have no impact on health
4 3 3%
insurance premiums
Total 100 100%

4.What macroeconomic factor may influence health insurance premiums?

Respondent Percentage
No. Response
no. (%)
The inflation rate of luxury
1 1 1%
goods
2 National unemployment rates 92 92%
Viewership trends of streaming
3 2 2%
platforms
Average customer satisfaction
4 5 5%
scores of local eateries
Tota
100 100%
l
5. Market competition among insurance providers typically:

Respondent Percentage
No. Response
no. (%)
Decreases health insurance
1 30 30%
premiums
Increases health insurance
2 60 60%
premiums
Has no effect on health
3 6 6%
insurance premiums
Only affects premiums in
4 4 4%
certain regions
Total 100 100%

6. What is the primary purpose of government regulations on health insurance

premiums?

Respondent Percentage
No. Response
no. (%)
To ensure insurance companies earn
1 10 10%
maximum profits
2 To restrict access to healthcare services 15 15%
To protect consumers and promote
3 65 65%
affordability
To increase administrative burdens for
4 10 10%
insurance providers
Total 100 100%
7. How can technological advancements in healthcare impact insurance premiums?

Respondent Percentage
No. Response
no. (%)
By reducing administrative
1 8 8%
costs
By increasing healthcare
2 24 24%
efficiency
By driving up the cost of
3 62 62%
medical treatments
By decreasing the
4 frequency of medical 6 6%
claims
Total 100 100%

8. Which regulatory policy has exerted a notable influence on health insurance

premiums in India?
Respondent Percentage
No. Response
no. (%)
The implementation of GST (Goods and
1 0 0%
Services Tax)
The enactment of the Insurance
2 Regulatory and Development Authority 75 75%
Act (IRDAI)
The establishment of the National
3 10 10%
Pharmaceutical Pricing Authority (NPPA)
The introduction of the Ayushman Bharat
4 15 15%
scheme
Total 100 100%
 9. Consumer behaviors such as smoking and unhealthy eating habits:

Respondent Percentage
No. Response
no. (%)
Have no impact on health
1 9 9%
insurance premiums
2 Decrease healthcare costs 1 1%
Increase the likelihood of
3 80 80%
medical claims
Decrease the need for medical
4 10 10%
treatments
Total 100 100%

10.Regulatory policies on health insurance premiums primarily aim to:

Respondent Percentage
No. Response
no. (%)
1 Protect insurance company profits 70 70%
2 Restrict access to healthcare services 20 20%
Promote affordability and consumer
3 8 8%
protection
Increase administrative burdens for
4 2 2%
insurance providers
Total 100 100%