The fundamental principle of insurance underwriting is that the cost of health care can be predicted by healthcare policy.
- A healthcare policy applicant's eligibility is assessed by medical insurance underwriters.
- In addition to reviewing each individual's medical history, they may also take into account their age, career, credit score, and housing circumstances. Each application is approved or rejected by an underwriter.
- The two most significant factors in health insurance are work and medical history. Group life plans and group health insurance underwriting are similar. Typically, the group is assessed collectively rather than individually. The entire group is either accepted or declined for coverage based on the risk profile of the group.
Learn more about healthcare policy here brainly.com/question/10860065
#SPJ4
Answer and Explanation:
if the long term interest rate in the US suddenly declines and all other factor are unchanged then,Fed's estimated NPV of the divestiture will be larger than that of last week because the decline in the long term interest rate in the US and all other factors unchanged the euro's value in the future years will decrease.
Answer:
Increase by $500 m
Increase by $250 m instead of $500 m
Explanation:
Since all the deposits over and above the reserve requirements are loaned out by the banks,
We can calculate the Credit multiplier and see how a new 50 m deposit will affect the money supply.
Credit multiplier @ 10% reserve = 1 / 0.10 = 10 times
So a new deposit of 50 m will create new money of 10 * 50 = 500 m thus increasing the money supply by this amount.
For a 20% reserve ratio, Credit multiplier changes a,
Credit Multiplier = 1 / 0.2 = 5 times
This will change the money supply by = 5 * 50 = 250 m. This is the amount of new money that will be created with reserve ratio of 20%.
Hope that helps.