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Ymorist [56]
2 years ago
8

An insured has a primary group health plan and an excess plan, each covering losses up to $10,000. The insured suffered a loss o

f $15,000. Disregarding any copayments or deductibles, how much will the excess plan pay?
Business
1 answer:
KATRIN_1 [288]2 years ago
5 0

Answer:

excess plan pay $5000

Explanation:

given data

each covering losses  = $10,000

insured suffered a loss = $15,000

solution

we get here excess plan pay that is express as

excess plan pay = insured suffered a loss - each covering losses ....................1

put here value and we get  excess plan pay that is

excess plan pay = $15,000 - $10,000

excess plan pay = $5,000

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6 0
1 year ago
In a newsvendor model where the demand has normal distribution, if Co < Cu, i.e., the overage cost is lower than the underage
mars1129 [50]

Answer:

maximum

Explanation:

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The optimal ordering quantity is maximum when the underage cost is higher than the overage cost.

8 0
2 years ago
When assuming nonconstant growth in dividends, to avoid the problem of having to forecast and discount an infinite number of div
Sergio039 [100]

To avoid the problem of having to forecast and discount an infinite number of dividends, we must require that the dividends start to grow at a fixed rate in the future.

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4 0
2 years ago
On January 1, 2016, Miller Corporation had retained earnings of $8,000,000. During 2016, Miller reported net income of $1,500,00
Papessa [141]

Answer:

Miller's retained earnings on December 31, 2016 is $9,000,000.

Explanation:

Miller's retained earnings on 31 December 2016 = retained earnings on January 1, 2016 + net income - declared dividends

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= $ 9,000,000

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4 0
2 years ago
Loni delivers her Mazda to be repaired at Nile’s Body Shop. Loni agrees to pay cash. Nile performs, but Loni does not pay. Nile
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Answer:  Option C

                 

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In other words, It refers to  form of lien which offers staff a private estate protection benefit before they are compensated on that estate for their work. In the given case, Loni did not pay for the services that were provided by Nile.

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8 0
3 years ago
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