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MakcuM [25]
3 years ago
8

Mr. Barker enjoys a comfortable retirement income. He recently had surgery and expected that he would have certain services and

items covered by the plan with minimal out-of-pocket costs because his MA-PD coverage has been very good. However, when he received the bill, he was surprised to see large charges in excess of his maximum out-of-pocket limit that included a number of services and items he thought would be fully covered. He called you to ask what he could do? What could you tell him?
Business
1 answer:
olasank [31]3 years ago
6 0

Answer:

What you could tell him is that you can offer to help him review all the plans appeal process as well as to help him ask the plan to review his coverage decision which will enable him to know why he had large charges in excess of his maximum out-of-pocket limit.

Explanation:

Based on the information given we were told that when he received the bill, their was large charges in excess of his maximum out-of-pocket limit which is a limit on the amount of money a person or an individual have to pay for covered medical care services in which we were still told that the large charges in excess of his maximum out-of-pocket limit also include a number of services and items he thought would be fully covered, therefore since he called you to ask what he could do, What you could tell him is that you will offer to help him review all the plans appeal process and to as well help him to ask the plan to review the coverage decision which is why coverage decision is of benefit because it enables a person or an individual to makes decision about their benefits including the amount they have to pay for their medical services plan.

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Suppose there is a 5 percent increase in the price of good X and a resulting 10 percent decrease in the quantity of X demanded.
lilavasa [31]

Answer:

Price elasticity of demand for X=-2

Explanation:

The price elasticity of demand is a measure of the sensitivity in quantity of good demanded in relation to a change in price. It is often used to determine whether a good is elastic or inelastic. An elastic good is a good whose demand changes spontaneously with a change in price while an inelastic good is a good whose change in price doesn't affect the quantity demanded. Most inelastic goods are needs while most elastic goods are luxuries. A need is an item that most people cannot do without even if the price changes while a luxury is a good that most people can do without especially if the price of that good increases.

The price elasticity of demand can be determined using the expression below;

Price elasticity of demand=%change in quantity demanded/%change in price

where;

%change in quantity demanded={(Final quantity-initial quantity)initial quantity}×100=-10%

%change in price={(Final price-initial price)/initial price}×100=5%

replacing;

Price elasticity of demand=(-10%/5%)=-2

Price elasticity of demand=-2

6 0
3 years ago
Service products cannot generally be produced in ________or __________. Services are typically _________________________________
steposvetlana [31]

Answer:

Service products cannot generally be produced in advance or stored.

Services are typically variable, and in almost every service offering, the service cannot start until the customer arrives and actively participates.

Explanation:

Services have distinguishing characteristics that differentiate them  from goods.

To start with, services cannot be produced in advance as production and consumption happen at the same time.

Also,the customer must be present and actively contributes to the delivery of the service, for instance, haircut cannot happen except the customer comes to the salon and obeys the instructions of the barber as they go along.

Besides,there is no physical substance in service unlike purchase of goods.

4 0
3 years ago
Wexler Corporation has established a new policy on employee e-mails. The policy reads: "All e-mail sent using the company server
Flauer [41]

Answer:

Wexler Corporation has established a new policy on employee e-mails. The policy reads: "All e-mail sent using the company server is the property of the company and is not private. Supervisors and managers shall have the right to review such e-mails. Inasmuch as the company is liable for e-mail content, it reserves the right to review it." The policy:

This is just a means of having a copy-write of company's email, it is the responsibility of the company to be liable for any discredit that comes with it

Explanation:

7 0
4 years ago
When submitting your résumé using an online fill-in-the-blank form, why is it better to copy and paste text from your résumé, ra
Anettt [7]

Answer:

You will want to copy and paste from your original résumé as much as possible to eliminate the possibility of errors, because your résumé should be perfect.

Explanation:

Welcome ;)

8 0
3 years ago
If real money balances are $2.0 trillion (2017 dollars), and the monetary expansion rate is 25%, what is the annual rate of seig
trasher [3.6K]

Answer:

$500 billion

Explanation:

Data provided in the question:

Real money balances = $2.0 trillion = $2,000,000,000,000

Monetary expansion rate = 25%

now,

The annual rate of seigniorage

= Real money balances × Monetary expansion rate

= $2,000,000,000,000 × 0.25

or in billions

= \frac{\textup{2,000,000,000,000}\times0.25}{\textup{1,000,000,000}}

= $500 billion

6 0
3 years ago
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