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zzz [600]
4 years ago
12

Describe the influence of advanced technology, malpractice coverage, and expanded roles of the health care industry on increased

health care costs.
Business
1 answer:
fomenos4 years ago
6 0
Advanced technology, malpractice coverage and expanded roles of healthcare have all contributed to the increased cost of healthcare. Technological advancement has always opened the door for new treatments and is not always cheap. From ground breaking medicines to machines that perform delicate procedures, the cost of these innovations are very high and increase the average cost of health care. Malpractice coverage is a form of insurance and the cost can fluctuate proportionally to the amount of claims. As insurance companies also want to cover themselves, premiums will be mandatory or relatively high.  
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New Jersey Mutual has offered you a single premium annuity that will pay you $12,000 per year (end of year) for the next 15 year
Leona [35]

Answer:

7%

Explanation:

The Present value of this single annuity= $109295.  

$amount of each annuity= 12000.  

By estimation, if we take interest rate(r) =0.07 or 7% in annuity factor formula it will be ((1-(1/(1+0.07)^15))/0.07)=9.1079.  

Now, 109295/12000 =9.1079. So, here answer will be 7%

3 0
4 years ago
b. What kinds of information from previous budgets would be helpful for Talar to have on hand when she presents her budget to th
Andrew [12]

Answer:

- The time they took to complete, the places where they got their raw materials from, the duration for which they worked daily.

Explanation:

The above information from the previous budgets must be helpful to Talar while presenting her budget before the Activities Committee as this will assist her in showing how her present budget is dealing with each aspect of the organization and also consider the missing elements of the previous budget. The information associated with 'time consumed to complete the target, the places for raw materials, and the work hours' would help in showing how she has anticipated the cost of production and labor cost while preparing the budget. Thus, this information will establish the credibility of her claims.

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3 years ago
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g100num [7]

a. Greyhound bus system

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If a client chooses to pay premiums other than annually, what can he or she expect?
Semenov [28]

Answer:

More payment

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In line with the time-value of money you pay more when you pay your premiums monthly because you pay an interest on the annual amount. There is always an interest charged for the administrative costs of processing your 12 monthly payments as opposed to 1 annual payment of the insurance premium

6 0
4 years ago
What message is this price tag telling shoppers? (other than it is on sale)
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It is saying that it was $9 and it was then marked down on sale for 7:00. The tag is also telling you the size.
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3 years ago
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