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3 years ago

The premium of a health insurance plan refers to the

Business

2 answers:

daser333 [38]3 years ago

5 0

Total Cost of <span>Insurance Coverage

</span>

pishuonlain [190]3 years ago

3 0

Answer:

Total Cost of Insurance Coverage

Explanation:

Health insurance (also called medical insurance or medical expense insurance) is a contract between you and an insurance company.

In exchange for you making the premium payments, the health insurance company agrees to pay the medical expenses that you may incur under the terms of the contract.

Health insurance is essential in these times, since a simple accident or serious illness could end your savings and sink you into debt.

There are many reasons to purchase medical insurance for you and your family, but this is the most important, because medical expenses can reach tens of thousands of dollars or more for a simple injury or illness.

In addition, hospitalization and injury treatment costs continue to grow at a rate that exceeds inflation.

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A 20-year loan of 2,500 is repaid with payments at the end of each year. Each of the first ten payments equals 175% of the amoun

Firdavs [7]

Answer:

The answer is 156.25

Explanation:

In the 1st year:

- Interest: 2,500 x 5% = 125

- Payment amount: 125 x 175% = 218.75

- Principal: 218.75 - 125 = 93.75

Hence, the principal payment in 20 year loan as follow:

10 x 93.75 + 10 x X = 2,500

=> X = 156.25

4 0

3 years ago

Policy analysts can estimate the value of a human life through ____.

nikklg [1K]

Policy analysts can estimate the value of a human life through contingent valuation methods. It is a method use to estimate the value of a good that is placed by a person. It involves asking people to report their willingness to pay or accept in order to have or give up a certain good. It is used to evaluate the economic values of all goods.

3 0

3 years ago

Which of the following is most likely to be considered a profit center?

likoan [24]

Answer:

A. The grocery department of a Walmart Supercenter or Target Superstore

Explanation:

A profit center is a type of business where the business is expected to make into valuable contributions, a profit center can be treated as a separate business of the company.

The profits and losses for that center are calculated separately. Examples of profit centers include the store, sales organization, or consulting organization.

3 0

3 years ago

Dream, Inc., has debt outstanding with a face value of $6 million. The value of the firm if it were entirely financed by equity

Deffense [45]

Answer:

$650,000

Explanation:

For computing the decrease in the expected bankruptcy costs, first we have to determine the total firm value in each case which is shown below:

Total firm value = Equity + Debt × corporate tax rate

= $17,850,000 + $6,000,000 × 0.35

= $17,850,000 + $2,100,000

= $19,950,000

Now the total firm value based on market share

= Equity + Debt

= 350,000 shares × $38 + $6,000,000

= $13,300,000 + $6,000,000

= $19,300,000

The difference would be

= $19,950,000 million - $19,300,000

= $650,000

5 0

3 years ago

Every year, General Mills issues a report discussing how the firm has performed against its own standards of conscious marketing

goblinko [34]

Answer:

The correct answer is letter "D": control.

Explanation:

The control phase of the marketing planning process involves comparing the activities that the advertising team has developed with the expected set of actions established. This phase is important to identify if the firm as a whole is meeting the desired performance or if there are adjustments necessary to be made.

7 0

3 years ago