Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 04, 2024

14. You have a 70/30 medical insurance policy with a $1,500 premium and an $850 deductible. You have medical expenses totaling $4,200. What is the

14. You have a 70/30 medical insurance policy with a $1,500 premium and an $850 deductible. You have medical expenses totaling $4,200. What is the cost to the insurance company for the loss? $2.850 $1,605 $2.345 $2,543

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Intermediate Financial Theory

Authors: Jean-Pierre Danthine, John B. Donaldson

3rd Edition

0123865492, 9780123865496

More Books

Students also viewed these Finance questions

Question

★★★★★

What is the difference between sporadic encephalitis and epidemic encephalitis? Name one cause of each.

Answered: 1 week ago

Question

★★★★★

A one-way ANOVA uses ni observations from group i, i = 1,, c. a. Verify the noncentrality parameter for the scaled between-groups sum of squares. b. Suppose c = 3, with ????1 ????2 = ????2 ????3 =...

Answered: 1 week ago

Question

★★★★★

Which behavioral biases likely drove the overreaction in real estate prices that took place from 2007 to 2012?

Answered: 1 week ago

Question

★★★★★

On January 1, 2013, Castillo Company had a retained earnings balance of $206,000. During 2013, the following events occurred: 1. Treasury stock (common) was acquired at a cost of $14,000. State law...

Answered: 1 week ago

Question

★★★★★

5.$_____ 6.$____ 7.$_____ 8.$_____ Suppose that 10 years ago you bought a home for $120,000, paying 10% as a down payment, and financing the rest at 8% interest for 30 years. Your existing mortgage...

Answered: 1 week ago

Question

★★★★★

Instructions Garfield Inc. manufactures entry and dining room lighting fixtures. Five activities are used in manufacturing the fixtures. These activities and their associated budgeted activity costs...

Answered: 1 week ago

Question

★★★★★

While the operational experience of basic branch service members is critical to moving the work of CDIDs forward, the process expertise provided by __________ is critical. A. Joint Staff and General...

Answered: 1 week ago

Question

★★★★★

In independent random samples of 15 men and 15 women, the numbers of minutes spent in front of an electronic device are given by the back-to-back stemplot below: Men Women H 12 35 8 13 4 14 15 2367...

Answered: 1 week ago

Question

★★★★★

Professional Skepticism Case I was a senior working on a public company audit engagement. As part of our risk assessment, we evaluated the compensation and performance management process of a...

Answered: 1 week ago

Question

★★★★★

Employee Demographics Company A has 4 0 employees: 3 0 work in Sales, the rest in Customer Service. Company B has 3 6 employees: 1 8 work in Customer Service, the rest in Sales. Question Arrange the...

Answered: 1 week ago

Question

★★★★★

Renovation Nation Pty Ltd (Company) sold bathroom and kitchen products. Due to financial difficulties Tristan, an administrator, has been appointed to take control of the company. At the time of his...

Answered: 1 week ago

Question

★★★★★

6. What are some possible advantages or disadvantages of expanding the scope of bargaining in the federal sector to include issues such as wages and benefits?

Answered: 1 week ago

Question

★★★★★

2. To what remedy is an employee entitled if his or her rights have been violated? TerryWilliams is an employee at a unionized plant in Memphis, Tennessee. Williams is a member of and represented by...

Answered: 1 week ago

Question

★★★★★

4. Describe the different types of impasse-resolution procedures used in the public sector and discuss the relative effectiveness of each.

Answered: 1 week ago

Previous Question Next Question