Briefly describe the following three methods for developing premium rates: Fee-for-service approach Cost approach

Question:

Briefly describe the following three methods for developing premium rates:

• Fee-for-service approach

• Cost approach

• Demographic approach

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Healthcare Finance An Introduction To Accounting And Financial Management

ISBN: 9781567932324

3rd Edition

Authors: Louis Gapenski PhD

See More Books

Question Posted: Jun 05, 2024 02:04 AM

See More Questions

1 What are the main components of personal financial planning? Solve What is the purpose of a financial plan? Solve Identify some common actions taken to achieve financial goals. How does a job...
Question: What as the average weekly safety inventory level of refined sugar from the beginning January 2022 to the end of July 2022? A. 512,465.9691 metric tons per week B. 316,002.1474 metric tons...
Literature Review Examples Find a peer-reviewed literature review article that you will use as a source in your literature review. In three hundred words provide a critical analysis of the article...
Discuss the methodology of logical positivism and falsification in questions of a pre history of science and technology studies
Consider the open-loop sampled-data system shown in Figure E13.16. Determine the transfer function G (z) and when the sampling time T - 0.5 s. Zero-order hold Gp(s) r*(r) ril) Go(s) T = 0.5
Find the $z$-transform of (a) (b) x[n] =10 n9 = 0 otherwise y[n] =x[n] - x[n 1]
Identify the types of selection errors and biases managers must overcome when interviewing job applicants. (pp. 137-140)
Vidya Patel operates a newspaper stand in Grand Central Station, New York. As you might imagine, space is at a tremendous premium, and Vidya uses every inch of her 300 cubic feet (think in three...
Class Activity 2: 3 marks 1. Revenue Per Available seat hour Hour Available Seats Guests Served Revenue RFVPASH
Of the three approaches, which one would be the most accurate? Which approach is the easiest to apply in practice?
Briefly explain why the base case analysis required the calculation to move up the profit and loss statement rather than down (the normal direction).
What are the roles of supply and demand in this scenario?
5. Group the majors and construct a relative frequency distribution with a circle graph with this information. Program of Study bus AA Bus Eng AS Nur mech AA Nur AA AS Nur AS Nur AA DE AS AA AS AA AA...
1 2 Let f (x) = and g(x) = +4. x-3 a. Find and simplify (go f) (x). (gf) (x) = b. Find the restriction for the domain of (go f) (x) Domain restriction: x + each value using comma.) (If there's more...
The Casings Plant of Wyoming Machines makes plastics shells for the company's calculators. (Each calculator requires one shell.) For each of the next two years, Wyoming expects to sell 660,000...
(f) A windowless office is to be illuminated for 15 hours per day, for 6 days per week, for 50 weeks per year. The floor is 20 m long and 12 m wide. An overall illumination of 450 Lux is to be...
Give the series of basic transformation matrices that transform the wedge below so that it can sit "on top of" the following parallelepiped to form a simple "house" with the ridge line of the roof...
At the start of 2012, the New Orleans Fine Food Company budgeted before-tax income as follows: Actual before tax income for 2012 was: Required Florence Roden, the owner of the company, is pleased...
A consultant is beginning work on three projects. The expected profits from these projects are $50,000, $72,000, and $40,000. The associated standard deviations are $10,000, $12,000, and $9,000....
.Is bankruptcy on the part of the borrower a common risk that frequently interferes with a lenders efforts to work out a defaulted loan through either nonforeclosure means or foreclosure? Discuss.
For each of the following, compute the future value: Present Value Years Interest Rate $ 1 , 2 5 0 1 9 1 2 % $ 9 8 , 7 2 7 1 5 1 3 % $ 6 2 5 6 1 2 % $ 1 1 7 , 6 2 2 7 1 6 % 2 . For each of the...
Only need help on 4B and 5. Exercise 9-21 Breakeven Planning; Profit Planning (LO 9-2, 9-3] Connelly Inc., a manufacturer of quality electric ice cream makers, has experienced a steady growth in...

Briefly describe the following three methods for developing premium rates: Fee-for-service approach Cost approach

Question:

Step by Step Answer:

Healthcare Finance An Introduction To Accounting And Financial Management

Students also viewed these Business questions