Premiums and policy values tend to be correlated. Products with a wide range of benefits, low cost sharing at the time of payment, and high actuarial value tend to have high insurance premiums.
<h3>What is actuarial Value? </h3>
The percentage of the average total cost for covered services that is covered by the plan. For example, if your plan has an average actuarial value of 70%, you will cover 30% of the cost of all benefits.
<h3>How do actuaries evaluate health insurance?</h3>
This is calculated using medical claims from a standard population along with the plan's copay provisions to simulate claim payments. The commission percentage paid by the scheme is the actuarial value.
<h3>What is monthly bonus (premium)?</h3>
This is the monthly payment for health insurance. In addition to premiums, you will usually have to pay medical expenses, including deductibles, copayments, and coinsurance. If you have a Marketplace health plan, you may be able to take advantage of a benefit tax credit to reduce your costs.
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Answer:
B
Explanation:
He gave donors and friends powerful positions in government.
Answer: It is a proposition too plain to be contested, that the constitution controls any legislative act repugnant to it; or, that the legislature may alter the constitution by an ordinary act.
Explanation:
This is true because they wanted better opportunities for farming and to make more money
Answer:
When it builds conformity and cohesiveness
Explanation:
Ethnocentrism is a philosophical term that describes the position or assessment of an individual about a particular culture different from his or her own culture while using the standard of his own culture to assess the foreign culture.
Hence, the correct answer is ethnocentrism can be functional for a society when it builds conformity and cohesiveness. This implies that, if ethnocentrism does not bring the usual conflicts, it can be functional for the societies involved.