Reductions in coverage are one feature of _______ in health insurance policies.

Reductions in coverage are primarily a feature of cost containment in health insurance policies. Cost containment refers to strategies and measures aimed at controlling or reducing the overall costs associated with healthcare. By implementing reductions in coverage, insurers can manage their financial exposure more effectively and keep premiums more affordable for policyholders. For instance, insurers might limit the types of services covered, impose stricter eligibility criteria, or reduce the scope of benefits to control spending.

While cost sharing involves the insured party paying a portion of the costs through deductibles, copayments, or coinsurance, it does not directly relate to reducing the coverage itself. Risk adjustment is focused on balancing the risk among different health plans to ensure fairness, while policy exclusion refers to specific circumstances or conditions that are not covered by the insurance policy. Thus, the concept of cost containment ties directly to the practice of reducing coverage as a means to moderate healthcare expenditures.