In a traditional indemnity (fee-for-service) plan, the:
A. health care provider and the insurer are separate.
B. insurer always pays directly to the health care provider.
C. lower the deductible, the lower the premium.
D. insured receives comprehensive health care services from a designated group of doctors only.
E. health care provider contracts with the insured’s employee union to provide health insurance benefits.
Answer: A
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What should be the outcome of B6?
a) #DIV/0!
b) #N/A
c) 2.43
d) 2.10
e) 1.75
The difference between budgeted variable overhead for actual hours and standard overhead is the __________________________________________________
Fill in the blank(s) with correct word
A marketing audit should help determine if
A. the company's marketing objectives are reasonable. B. implementation of a marketing program was effective. C. current marketing strategies are good ones. D. All these answers are correct.
One of the reasons why there is not sufficient supply for high-risk insurance applicants is:
A) consumers will not buy insurance if prices are increased B) the existence of joint underwriters associations C) regulators have limited the premiums that insurers can charge for such customers D) the number of insurance contracts written by an insurer is totally regulated