The managed care plan that is allowed to contract directly with employers to provide health care services is the health insurance.
<h3>What is managed care plan?</h3>
- Health insurance comes in the form of managed care programs. They have agreements with hospitals and medical centers to provide members with care at lower costs.
- These suppliers make up the network of the plan. The policies of the network will determine how much of your care the plan will cover.
- Among the several categories of managed health care programs are: maintenance of health organization (HMO) preferred supplier company (PPO) Service location (POS)
- The availability of numerous in-network providers, low costs, the provision of credentialed treatment, lower prescription costs, and low cost are some of the most frequently cited advantages of managed care systems.
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Answer:
Explanation:
These departments are as follow:-
1) Admin
2) Administrative
3) HOD (Head Of Departments)
Answer: If the price increases from $1,500 to $1,600 then the yield to maturity will decrease.
Explanation:
If Yields in the market fell, Bonds would still be making the same coupon payments they always have been regardless of this fall. This will lead investors to buy more bonds which will have the effect of raising bond prices.
This therefore shows that Bond prices and Yields are inversely related. If one rises, the other falls. If the price of the security (bond) increases from $1,500 to $1,600 then it follows that the yield to maturity will decrease.
Answer: D) economies of scale.
Explanation:
Economies of scale refers to when an entity is able to reduce its total costs as quantities of the good causing the costs increase.
Financial Intermediaries such as Commercial banks, Mutual funds, Investment banks etcetera have a lot of funds available for trade which they use to execute large trades. As a result, the costs on average are lower or them per transaction as opposed to traders executing with lower volumes. For example, when purchasing shares they will be able to negotiate better fees with stockbrokers because they are buying a lot of shares as opposed a single buyer trading.
Answer:
The probability more than 72% of the cardholders are carrying a balance is 0.2946
Explanation:
Test statistic (z) = (p' - p) ÷ sqrt[p(1-p) ÷ n]
p' is the sample proportion = 0.72
p is the population proportion = 0.74
n is the number of cardholders sampled = 140
z = (0.72 - 0.74) ÷ sqrt[0.74(1-0.74) ÷ 140] = -0.02 ÷ 0.037 = -0.54
The cumulative area of the test statistic is the probability that less than 72% of the cardholders are carrying a balance. The probability is 0.7054.
Probability (more than 72% of the cardholders are carrying a balance) = 1 - 0.7054 = 0.2946
