Most health insurance policies set away a portion of your premium in an escrow account so you will have money on hand in case of an unexpected medical need.
- Health insurance covers the expenditures of both small and significant medical problems, including operations and care for serious illnesses and incapacitating disorders. In exchange for a monthly premium payment, an insurance company offers to cover all or a portion of your medical expenditures under a health insurance policy.
- The risk associated with requiring medical treatment is entirely or partially covered by a type of insurance known as health insurance or medical insurance. Similar to other types of insurance, the risk is shared among a number of parties.
- By evaluating the entire risk of health risk and healthcare system expenditures throughout the risk pool, an insurer can establish a regular financial framework, such as a monthly premium or payroll tax, to give the money to pay for the medical benefits offered in the insurance agreement.
Thus this is the meaning of Health insurance.
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Answer:
B. fixed cost per unit increases
Explanation:
As we know that
If the production volume increases, the fixed cost per unit is decreases as it reflect an inverse relationship between the fixed cost per unit and the production volume
Let us take an example
Fixed cost = $20,000
Production volume = 100,000
Decrease in production volume = 80,000
So, the fixed cost per unit in the first case is
= 20,000 ÷ $100,000
= $0.2
And, the fixed cost per unit in the second case is
= 20,000 ÷ $80,000
= $0.25
Therefore, the fixed cost per unit increases
Answer:
the value of the firm to shareholders
Explanation:
The firm value to the shareholders means the value in terms of the capital invested in the firm by the shareholders and the firm income
In equation form
Firm value to the shareholders = Capital invested + firm income
Therefore the second option is correct
Hence, the same is to be considered
And all the other options are incorrect
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