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vesna_86 [32]
3 years ago
5

1. Health maintenance organizations, or HMOs, differ from the indemnity insurance system by: A. Reimbursing either the provider

or member for the costs of care but taking no responsibility for providing care B. Not requiring providers to share financial risk C. Developing cost-based premiums for their beneficiaries D. Taking responsibility for both financing and delivering health care services to a defined group of beneficiaries
Business
1 answer:
Stels [109]3 years ago
6 0

Answer:

Health Maintenance Organizations or HMOs

How different from the indemnity insurance system?

D. Taking responsibility for both financing and delivering health care services to a defined group of beneficiaries.

Explanation:

HMOs are healthcare maintenance organizations which coordinate the provision of health services and care to registered patients.  They provide health insurance services to their patients for a monthly fee.  They ensure cost-effectiveness in healthcare delivery through their coordination efforts.

On the other hand, indemnity insurance system involves some contractual agreements in which one party (the insurer or insurance company) guarantees compensation for actual or potential losses or damages sustained by another party (the insured).

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Considering the situation described, the insurer will likely issue the coverage with an <u>Aviation Exclusion</u>.

The addition of <u>Aviation Exclusion</u> risk would curb the insurer's liability to that risk associated with the insurance contract.

This implies that considering the tendency of a pilot to die (not as a fare-paying passenger) in a plane crash or Aviation accident. Still, as a pilot, the addition of <u>Aviation Exclusion</u> would limit or void the insurance policy related to life.

Hence, in this case, it is concluded that the correct answer is "<u>Aviation Exclusion</u>."

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2 years ago
In one year, you meet 52 people who are each unemployed for one week and eight people who are each unemployed for the whole year
VARVARA [1.3K]

Long term unemployment is defined as being unemployed for 27 weeks or more. In this example there are a total of 60 people, 52 people who would be categorized as short term unemployment and 8 people who would be categorized as long term unemployment.

In order to calculate the percentage of unemployment in each category you will need to divide the number in each category by the total number.

Short term = 52/60 = 86.7%

Long term - 6/60 = 13.3%

4 0
3 years ago
Read 2 more answers
When seeking financial backing from a venture capitalist, a small business owner should realize that the venture capitalist will
kipiarov [429]

When seeking financial backing from a venture capitalist, a small business owner should realize that the venture capitalist will expect an ownership stake in the company in exchange for financial backing.

Venture capitalists are investors that provide capital to small businesses, young companies, and start-ups in exchange for an equal value share in the asset and expect ownership.

Small businesses do not have adequate capital and turn to venture capitalists for financial backing to expand and upscale their projects. Venture capitalists do not invest in budding businesses but choose businesses that have strong management and clear concepts and are ready to market their products. Due to uncertainty in the investment outcome, venture capitalists tend to have a high failure rate, but the investments that do pan out tend to be high yield.

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1 year ago
_____________ is calculated by taking the quantity of everything that is sold and multiplying it by the sale price. Total revenu
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The quantity of each item sold is multiplied by the sale price to determine the total revenue.

What is Quantity?

Quantity can be used to describe an amount, weight, number, or measure. A quantity is a property of a single item or group of items that may be measured in terms of "less," "equal," and "more."

The total of all inbound funds that the business has received from the sale of goods or services. Gross revenue is another name for total revenue.

Total revenue is computed by multiplying the average sales price per item or unit by the quantity of items or units sold.

As a result, option (a) is correct total revenue.

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2 years ago
Which type of account will typically have the highest interest rates
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