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Alexxx [7]
3 years ago
13

Many insurers pay benefits based on the average fee charged in a geographical area. This is referred to as which of the followin

g
A. Reimbursement
B. Usual, Customary, and Reasonable
C. Scheduled
D. Cash
Business
1 answer:
Anvisha [2.4K]3 years ago
7 0

Answer:

C, Usual, Customary, and Reasonable.

Explanation:

Usual, customary and reasonable (UCR) fees are fees payed by insuraance policy (health) has to pay for services rendered. The UCR fees are mostly a function of services provided to policy holders and area where the service is rendered.

For a fee to be considered usual, customary and reasonable, it must be a usually charged fee, it must fall within

BREAKING DOWN Usual, Customary and Reasonable Fees

price range charged in the area and it mustbe a for a service considered necessary.

I hope this helps.

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Which do you think creates more of a challenge for marketers, multiculturalism or multigenerationalism? EXPLAIN
Harlamova29_29 [7]

Multiculturalism is when there are several different cultural or ethnic groups within society. These people differ on culture, race and ethnicities so their values and way of life are unique to their culture.  Multigenerationalism is when there are several different age groups (generations) present within society. I think it is more of a challenge for marketers to market with many different cultures living within society because cultures usually have larger differences over generations. With generations, customs do change and there are differences but they are still of the same nationality and race so the social norms are much more similar.  When there are larger differences it is hard to market and reach all of the potential consumers.

3 0
3 years ago
Windsor Company took a physical inventory on December 31 and determined that goods costing $191,500 were on hand. Not included i
WINSTONCH [101]

Answer:

$237,630

Explanation:

Windsor report as its December 31 inventory:

= Inventory in hand as per physical count + Goods purchased from P corporation under FOB shipping basis + Cost of goods sold to A company under FOB destination basis

= $191,500 + $24,510 + $21,620

= $237,630

Therefore, the amount to be reported by Windsor company is $237,630.

7 0
3 years ago
What is the longest period of time that a forbearance may be placed on your account at one time?
astraxan [27]

Answer:

The longest period of time that a forbearance may be placed on your account at one time is 12 months.

Explanation:

Forbearance is an option people have to postpone the payments of a student loan for a set period of time for reasons like: going back to school, a low salary, unemployment, or a disease. It is a temporary relief for someone that can't pay the loan for a specific situation they have.

5 0
3 years ago
If a family spends its entire budget in a given time frame, the family can afford either 80 cans of beans or 35 frozen pizzas. A
Fofino [41]

Answer:

7/16

Explanation:

Opportunity cost is the cost of the alternative forgone. It is also called the real cost. It is a concept in economics developed due to the fact that wants are unlimited but the resources available to meet the wants are limited. Hence a scale of preference would be drawn up for the wants in order of importance.

If the family can afford either 80 cans of beans or 35 frozen pizzas, the cost of a can of beans in terms of frozen pizza is 35/80 frozen pizza while the cost of a unit of frozen pizza in terms of beans is 80/35.

As such, the opportunity cost of one can of beans in terms of frozen pizza is 35/80 which is 7/16 in the lowest term

6 0
3 years ago
Brandon wants to purchase new furniture for his home but does not want his purchases to put him into debt. brandon loves being s
m_a_m_a [10]
Creating an investment account
6 0
3 years ago
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