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2 years ago

There are two types of copayment requirements that may apply to a state, they are?

Business

1 answer:

Nataly_w [17]2 years ago

5 0

They are<u> small fixed copayments</u> or <u>spend-down copayments</u>.

A state may mandate either a small fixed copayment or a copayment that decreases over time.

The cost of approved therapies is split between the insurance plan and the patient through the use of copayments, which are predetermined cash amounts set by the insurance plan. The cost-sharing arrangement of each plan is a significant selling point.

Cost sharing essentially comes in three flavors.

Copayment: There is a defined price for particular kinds of office visits, prescription drugs, or other services.

Coinsurance is the term for a percentage of the overall cost of a covered medical procedure.

To learn more about copayment

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On Mr. Casper’s debate team at Thunderbird High School, 20% of the members are Sophomores, 35% are Juniors and 45% are Seniors.

balandron [24]

Answer:

here is a 63.25% for winning the debate given the student distribution and the chance of success of each type of student.

Explanation:

As the student will be picked at random we can determiante the expected value by doing a weighted average:

$\left[\begin{array}{cccc}$Student&$Return&$Probability&$Weight\\$Sophomore&0.2&0.2&0.04\\$Junior&0.6&0.35&0.21\\$Senior&0.85&0.45&0.3825\\Total&&1&0.6325\\\end{array}\right]$

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3 years ago

From an entrepreneurial perspective, ______ is a description of the future you envision for your business.

deff fn [24]

Answer:

The answer is , planning

Explanation:

I hoped it was helpful !

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2 years ago

During April, a customer asks you to create an arrangement for an invalid friend who must stay at home for five more days. The i

slega [8]

Narcissus in yellow. Because the friend likes the color yellow and fragrant flowers. It is also important to know that narcissus is a fragrant flower..

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3 years ago

Campbell Home Maintenance Company earned operating income of $6,821,100 on operating assets of $58,300,000 during Year 2. The Tr

ASHA 777 [7]

Answer:

Return on investment = operating income divided by operating Assets

A. Return on investment on Campbell business = $6,821,100 / $58,300,000 x 100%

= 11.7%

B. Return on investment on Tree cutting business = $1,174,670 / $6,790,000 x 100%

= 17.3%

C. Return on new investment on tree cutting business :

i. Only new investment = $434,000 / $2,170,000 x 100%

= 20%

ii. Total new investment = $1,608,670 / $8,960,000

= 18%

Residual income = controllable Margin - (required return % x average operating assets)

Residual income on Campbell business = $6,821,100 - (9.70% x $58,300,000)

= $1,166,000

B. Residual income on Tree cutting business = $1,174,670 - (9.70% x $6,790,000)

= $516,040

C. Residual income on tree cutting business :

i. Only new investment = $434,000 - (9.70% x $2,170,000)

= $223,510

ii. Total new investment = $1,608,670 - (9.70% x $8,960,000)

= $739,550

6 0

3 years ago

Each business day, on average, a company writes checks totaling $13,200 to pay its suppliers. The usual clearing time for the ch

MrMuchimi

Answer:

A. Disbursement Float $53,800

Collection Float $47,600

Net Float $6,200

B. Disbursement Float $53,800

Collection Float $23,800

Net Float $30,000

Explanation:

A. Calculation for the company’s disbursement float, collection float, and net float.

Calculation for Disbursement Float using this formula

Disbursement Float = Average amount of check* Time to clear

Let plug in the formula

Disbursement Float= $13,200*4 days

Disbursement Float= $53,800

Calculation for Collection Float

Collection Float =($23,800*2days)

Collection Float = $47,600

Calculation for Net Float using this formula

Net Float = Disbursement Float + collection Float

Let plug in the formula

Net Float= $53,800-$47,600

Net Float= $6,200

Therefore the company’s disbursement float, collection float, and net float will be:

Disbursement Float $53,800

Collection Float $47,600

Net Float $6,200

B.Calculation to determine what would be the company's disbursement float, collection float, and net float If the collected funds were available in one day instead of two

Calculation for Disbursement Float using this formula

Disbursement Float = Average amount of check* Time to clear

Let plug in the formula

Disbursement Float= $13,200*4 days

Disbursement Float= $53,800

Calculation for Collection Float

Collection Float =($23,800*1 days)

Collection Float = $23,800

Calculation for Net Float using this formula

Net Float = Disbursement Float + collection Float

Let plug in the formula

Net Float= $53,800-$23,800

Net Float= $30,000

Therefore what would be the company's disbursement float, collection float, and net float If the collected funds were available in one day instead of two will be:

Disbursement Float $53,800

Collection Float $23,800

Net Float $30,000

7 0

3 years ago