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3 years ago

Which of the following statements about health insurance is false

Business

1 answer:

Novosadov [1.4K]3 years ago

6 0

Answer:

Option C

Explanation:

The reason is that the health insurance plan helps the insurer to limit the risk of paying one off payment to contribute for his or her health so it can help to shift this risk to another party (Health Insurance Company) by contributing a small amount of money.

Furthermore, the insurance planning also helps in accepting the level of risk to shift to the insurance company and retain the risk share to itself because the person might think he will not face such risks in future.

The paying for health insurance might be more expensive than the original expense because their are chances that the person doesn't gets ill because he follows proper diet plans, is health conscious and take exercise daily. So paying for health insurance becomes a burden. So the option C is incorrect.

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If g = $800 billion, tax receipts = $850 billion, and there is an inflationary gap of $100 billion, there is?

vagabundo [1.1K]

If g = $800 billion, tax receipts = $850 billion, and there is an inflationary gap of $100 billion, there is a budget surplus.

Taxes are mandatory contributions levied on people or businesses by means of a government entity—whether or not nearby, local, or country-wide. Tax revenues finance authorities' sports, including public works and offerings consisting of roads and colleges, or programs which include Social Protection and Medicare.

The principal purpose of taxation is to elevate sales for the services and profits that help the network's desires. Public revenues ought to be good enough for that motive. 2. Tax should, as far as viable, be levied equitably, consistent with the potential to pay.

Learn more about Tax here: brainly.com/question/25783927

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6 0

1 year ago

What is one main feature of the free enterprise system

earnstyle [38]

Answer:

Businesses that produce good products are rewarded with profits

Explanation:

In the free enterprise system, governments do not interfere with economic activities in the country. The private sector does all the production and distribution of goods and services.

No restrictions are put in place on the type or number of businesses that entrepreneurs can operate. Due to this reason, business competition is very intense. Customers choose their preferred products from a wide variety offered by the many suppliers. Producers who make products that satisfy customers' needs are rewarded with profits.

7 0

3 years ago

In Ireland, a pint of beer costs 2.2 Irish pounds. In Australia, a point of beer costs 4 Australian dollars. If the nominal exch

AnnZ [28]

Answer:

.91 pints of irish beer per pint of Australian beer

Explanation:

As we know that

The exchange rate of

1 AUD = 0.5 pound

Now

In Ireland, 1 beer cost = 2.2 pound

And, in Australia, 1 beer cost = 4 AUD

As 1 AUD = 0.5 pound

so 4 AUD is

= 0.5 × 4

= 2

Now the exchange rate is

= 4 AUD beer cost ÷ 1 beer cost in Ireland

= 2 ÷ 2.2

= 0.91

hence, the real exchange rate is 0.91

7 0

3 years ago

Blythe Industries reports the following account balances: inventory of $417,600, equipment of $2,028,300, accounts payable of $2

aleksley [76]

Answer:

$783,400

Explanation:

The total assets comprise of current assets, fixed assets ,and the intangible assets

The current assets include cash, stock, account receivable, etc

Fixed assets include plant & machinery, land, equipment, furniture & fittings, etc.

And, the intangible assets include patents, copyrights, goodwill, etc.

So, the amount of the current assets is shown below:

= Inventory + cash + account receivable

= $417,600 + $51,900 + $313,900

= $783,400

The account payable is a current liabilities, Hence, we do not considered for the computation part

6 0

3 years ago

What type of analysis can a managed care organization conduct to determine the best program to implement for health improvement?

levacccp [35]

Answer: The correct answer is "c. Cost effectiveness".

Explanation: This type of analysis is the most used in the field of health where it is inappropriate to monetize the effect on health and will allow the company to compare costs related to the results of different courses of action.

3 0

2 years ago