All categories

4 years ago

How is long-term disability insurance different from health insurance?

Business

1 answer:

NARA [144]4 years ago

7 0

Answer:

The correct answer is letter "A": Health insurance covers the cost of healing the injury or illness, while long-term disability covers the money you would have made, such as a percentage of your salary.

Explanation:

It is important for employees to be enrolled in both health insurance and long-term disability plan. Health insurance would cover the medical expenses of assistance whether the individual can still work or if that person needs days off. However, the days of work lost will not be taken in charge. There is where long-term disability comes into play. Long-term disability pays the insured a percentage of the wage that person would have received while working.

You might be interested in

1. You’ve been hired by Nielsen Company to study the market for potatoes. Demand in the potato market is characterized by the de

icang [17]

Answer:

P = MR = 1

Explanation:

The demand function is q = 25 - 12p.

The total income is the price of potatoes multiplied by the quantities of potato --> P * Q

p*q = p*(25-12p)

p*q = 25p - 12p^2

the first derivative of the previous equation is the marginal revenue. In perfect competition the Price = Marginal revenue.

First derivative of total income ---> 25-24p

And MR = P

25-24p=p

25=25p

8 0

3 years ago

Which of the skills are the most essential to be a successful leader? reading skills teamwork skills writing skills note-taking

Zolol [24]

I would say teamwork skills.

8 0

3 years ago

A direct cost is a cost that is____________.

Nookie1986 [14]

Answer:

The correct answer is letter "D": Traceable to a single cost object.

Explanation:

Direct Cost for finished goods is referred to the costs of the items and services directly used in production that can be allocated to a single cost object. Other costs including rent and production site insurance are indirect costs. The cost of the finished goods may be assigned to indirect costs, but they are not direct costs because they do not change with production levels.

5 0

3 years ago

Please help me to solve this question.

kari74 [83]

Answer:

the reproduction in which fertilization takes place is called sexual reproduction.

ii . multiple fission

hope it is helpful to you

6 0

3 years ago

On January 1, Year 1, the Starshina Company paid $25,000 for a photocopier with an estimated useful life of 4 years, and an esti

maksim [4K]

Answer: The amount of depreciation expense for Year 3 is $3,125.

Explanation: The double-declining method is otherwise known as the reducing balance method and is given by the formula below:

Double declining method = 2 X SLDP X BV

SLDP = straight-line depreciation percentage

BV = Book value

Under straight-line method, depreciation expense is (cost - residual value) / No of years = ($25,000 - $5,000) / 4 years = $5,000 yearly depreciation expense.

Under the double-declining method, 100%/4years = 25%, then 25% multiplied by 2 to give 50%

At Year 1, 50% X $25,000 = $12,500

At Year 2, 50% X $12,500 ($25,000 - $12,500) = $6,250

At Year 3, 50% X $6,250 ($12,500 - $6,250) = $3,125 (the depreciation expense would stop at this stage since the amount falls below the residual value).

7 0

4 years ago