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Angelina_Jolie [31]
9 months ago
8

Insurance is managed by employers, so if an employee is sick and loses her job, her insurance will be expensive due to preexisti

ng conditions; by contrast,
a healthy person who loses his job may not be incentivized to purchase health insurance. This is an example of
O Moral hazard
Selection bias
Pooled risk
HMO
Business
1 answer:
Aleksandr-060686 [28]9 months ago
5 0

This is an example of Selection bias.

<h3>What is Insurance?</h3>

Insurance exists as a way to manage your risk. When you buy insurance, you purchase security against unexpected financial losses. The insurance company reimburses you or someone you determine if something bad happens to you. If you have no insurance and an accident occurs, you may be accountable for all corresponding costs.

Insurance plans exist beneficial to anyone examining to protect their family, assets/property, and themselves from financial risk/losses: Insurance plans will permit you to expend for medical emergencies, hospitalization, contraction of any illnesses and treatment, and medical care needed in the future.

Selection bias happens if those who enroll in HMOs are either more or less likely to utilize health services after changing for factors utilized to set rates (e.g., Medicare sets HMO rates based on age, sex, Medicaid eligibility, and institutional status).

To learn more about Insurance refer to:

brainly.com/question/10787476

#SPJ9

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Purchasing professionals need to ________ and ________ in order to find the right supplier.
vovangra [49]

Answer is  tough question and homework.

The purchasing professional is concerned with ensuring that his or her purchasing actions complement the strategic goals of the firm. The ordinary shopper concentrates on tactical purchases, or just purchasing what is directed to him or her. Self-development is a second factor that separates the purchasing professional. The purchasing professional is always looking for ways to further his or her career by attending training seminars, continuing post-secondary education, reading, and benchmarking the methods of world-class purchasing companies.

The usual buyer would do little more than attend mandated training provided by his or her company. Supplier ties are a third consideration. The buying professional tries to form alliances with world-class suppliers who offer competitive pricing, exceptional quality systems, on-time delivery, and customer centricity.

Therefore, the blank is to be filled by tough question and homework

To know more about purchasing professional click here:

http//brainly.com/question/27818182

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8 0
2 years ago
Electronic audio and video devices are never used by terrorists for surveillance purposes. true or false
hammer [34]

The answer would be false. Since they are terrorists, they would likely scheme and plot in ways where they won’t get caught so it is likely that they will use devices in monitoring their surroundings in a way of helping them carry out their plans, devices they use may be electronic audio and video devices which could be seen in the statement above.

5 0
3 years ago
Phoenix, a popular coffee shop chain in north america, recently opened 400 stores to cater to its rapidly increasing number of p
Lapatulllka [165]
The rapidly increasing number of patrons of Phoenix, a coffee shop chain and their recent opened 400 stores to cater it, exemplifies market penetration, where the measurement of their product acceptance or sales is high compared to the total market for that product.
3 0
3 years ago
If the government imposes a price ceiling of $90, does a shortage or surplus (or neither) develop?what are the price, quantity s
Norma-Jean [14]
Price ceilings are the highest price that the establishment could sell their products for. In this item, it is given that the maximum price that the establishment could impose is only $90. Price ceilings are developed and are being implemented in order to limit the power of the sellers over products that are very much in demand to the users. 

Hence, for this item, the price will have a maximum value of $90, the quantity supplied are relatively lower while the demand grows more and more. Moreover, shortage of the product will happen due to the increased demands. 
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3 years ago
The internet is playing an important role in helping organizations reduce expenses, because _____.
Ket [755]
The internet is playing an important role in helping organizations reduce expenses, because web applications can be used with minimum costs. For example:e-commerce - buying and selling goods and services over the Internet and fulfills the product information activity <span>using web-sites</span><span>.</span>
5 0
2 years ago
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