FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The purpose of deductibles in property insurance policies is to reduce the number of small claims that are costly to adjust and provide claims service.

The purpose of deductibles in property insurance policies is to reduce the number of small claims that are costly to adjust and provide claims service. The purpose of deductibles and coinsurance in health insurance is quite different. Discuss the purpose of deductibles and coinsurance in health insurance and the need for insureds to share in those types of costs.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

blur-text-image

Step: 3

blur-text-image

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

Handbook Of Consumer Finance Research

Handbook Of Consumer Finance Research

Authors: Jing J. Xiao

1st Edition

1441926046, 978-1441926043

More Books

Students also viewed these Finance questions

Question

★★★★★
In a qualifying reorganization, Cato exchanges $1.2 million worth of stock and property valued at $500,000 ($245,000 basis) for all of Firestar's assets, which have a value of $1.7 million and a...

Answered: 1 week ago

Question

★★★★★
Required information Regulation of Credit Transactions Credit transactions are an integral part of the business environment and are regulated through an array of federal and state laws primarily...

Answered: 1 week ago

Question

★★★★★
Describe the philosophy of education in Germany that facilitated the development of the sciences, including psychology?

Answered: 1 week ago

Question

★★★★★
Use the information presented in BE5-14 for Martinez Corporation to compute the net cash used (provided) by financing activities.

Answered: 1 week ago

Question

★★★★★
The purpose of deductibles in property insurance policies is to reduce the number of small claims that are costly to adjust and provide claims service. The purpose of deductibles and coinsurance in...

Answered: 1 week ago

Question

★★★★★
3 Question 8 (2 points) Bracken Clinic uses client-visits as its measure of activity. During September, the clinic budgeted for 2,100 client-visits, but its actual level of activity was 2,140 client-...

Answered: 1 week ago

Question

★★★★★
Client Feedback Report The couple has decided to proceed with the Buffet menu for their Wedding Reception. They do require some additional information and advice on several areas. As the Catering...

Answered: 1 week ago

Question

★★★★★
Watch the Netflix documentary "Fugitive: The Curious Case of Carlos Ghosn" and analyze it through the lenses of Hoefstede's dimensions. Also, use your knowledge about Bennett, Deardorf, and...

Answered: 1 week ago

Question

★★★★★
What techniques are available or would you suggest for mitigating the loss of customer interaction that results from outsourcing customer-facing functions, such as companies selling products on...

Answered: 1 week ago

Question

★★★★★
1. Compare Costco's current year net income and earnings per share with prior year(s). Were there significant changes that took place? If so, what were they and what was their cause? 2. Analyze...

Answered: 1 week ago

Question

★★★★★
Given the current structure of chosen org., decide whether a redesign would help your organization compete more effectively, or reach its mission and values more successfully OR no change is...

Answered: 1 week ago

Question

★★★★★
Discuss the effects that an impending labor shortage might have on the following three subfunctions of human resource management: selection and placement, training and career development, and...

Answered: 1 week ago

Question

★★★★★
Does it avoid using personal pronouns (such as I and me)?

Answered: 1 week ago

Question

★★★★★
Does it clearly identify what you have done and accomplished?

Answered: 1 week ago

Previous Question Next Question