Who typically pays the premium for a standard health policy?

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Multiple Choice

Who typically pays the premium for a standard health policy?

Explanation:
Premiums for a standard health policy are paid by the policyowner—the person who owns the policy and has the contractual obligation to keep it in force. In most cases the policyowner is also the insured, but even when someone else is insured, the payer is the policyowner. The insured is the person whose health is covered, not necessarily the one who pays. The insurer is the company issuing the policy and collecting the premium, while the insurance agent helps with purchase and service but does not pay the premium.

Premiums for a standard health policy are paid by the policyowner—the person who owns the policy and has the contractual obligation to keep it in force. In most cases the policyowner is also the insured, but even when someone else is insured, the payer is the policyowner. The insured is the person whose health is covered, not necessarily the one who pays. The insurer is the company issuing the policy and collecting the premium, while the insurance agent helps with purchase and service but does not pay the premium.

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