The statement that is true of simon as an individual is; C: His annual deductible will be $800.
<h3>What is In-network Insurance?</h3>
For in - network insurance, we know the following facts;
- Charged a lower copayment rate after deductible.
- Incur a relatively low out-of-pocket amount.
- Have a relatively low annual deductible.
Now, in-network physicians help to reduce the cost of insurance to the individual and as a result, what is most likely going to happen is that Simon will have an annual deductible of $800 and is less likely that he will not pay anything after meeting this annual deductible.
The missing options are;
a. The cost of his annual physical will be 50% after deductible
b. The maximum amount that he can expect to pay out-of-pocket is $6,000.
c. His annual deductible will be $800.
d. Once he hits his annual deductible of $800, he will incur no additional costs for health care services for the rest of the calendar year.
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Credit score is a number assigned to you that helps a lender judge your ability to repay a loan.
<h3>What is credit score?</h3>
Credit score is used to determine the ability of a borrower to payback a loan.
Credits score is important as it help to measure the capacity of a borrower to pay back the money lend to him /her based on their past credit score record.
Based on this most loan companies tend to make use of credit score by checking and verifying a borrower credit score before giving out a loan to a borrower as this score will help them to know if the borrower will payback or not.
Therefore, when borrower has a high credit score their is likelihood or tendency that the borrower will pay back the loan .
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The important concept that best exemplifies what Mike values for his employees is: affirmative commitment.
<h3>What is Affective Commitment?</h3>
Affective commitment is a concept that describes the tendency of employee's to be emotionally attached to the organization they work for, most especially when they feel their personal values and priorities align with that of the organization's mission and ideals.
Thus, the important concept that best exemplifies what Mike values for his employees is: affirmative commitment.
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