Describe the pros and cons of major medical insurance
What will be an ideal response?
Answer: Major medical covers medical costs beyond those covered by basic health insurance. It offsets the financial effects of a catastrophic illness or injury. It takes over where basic health insurance leaves off. Most plans cover a lifetime cap large enough for most needs.
This type of plan does not provide complete coverage. There is a deductible and a co-payment provision. The lifetime cap of $250,000 limits the coverage for more costly bills. Consider an add-on policy that provides protection of up to at least $1 million.
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A simple situation in which two parties come together and freely agree to an exchange is only prima facie ethically legitimate because:
A. certain conditions must be met before it can be concluded that autonomy has been respected and mutual benefit has been achieved. B. it rejects the assumption that individuals are capable of pursuing their own ends. C. it involves the consent of both parties involved and leaves no room for unethical acts. D. research studies prove that a simple exchange does not involve unethical situations.
The norming stage of team development is one in which close relationships develop and the group demonstrates cohesiveness.
Answer the following statement true (T) or false (F)
A sample chosen in such a way that every possible subset of same size has an equal chance of being selected is called a _____sample.
A. cluster B. systematic random C. simple random D. stratified random
What is supplier power?
A. The suppliers' ability to influence the prices they charge for supplies (including materials, labor, and services). B. High when it is easy for new competitors to enter a market and low when there are significant entry barriers to joining a market. C. High when there are many alternatives to a product or service and low when there are few alternatives from which to choose. D. The ability of buyers to affect the price they must pay for an item.