Joann, most likely, has Point of Services type of insurance plan. There are six types of the insurance health plans that differs by their premium and benefit. The HMO plan, the PPO plan, the EPO plan, and the Point-of-Service Plan (POS) are the types of insurance plan that shares a similar benefit. However, the POS plan gives the most freedom in term of health providers. Thus, POS plan is the most suitable answer.
Answer:
Ownership is the right to possess something.
Public property is owned by the government, whereas
Private property is owned by individual citizens.
The APR that the monthly payments is being calculated on today will be 10.5%.
<h3>How to calculate the APR?</h3>
It should be noted that the annual percentage rate(APR) will be calculated as:
= Index + Margin
Based on the information given, the APR will be:
Index = 4.5 - 4.0 = 0.5
APR will be:
= (0.5 + 6) + 4
= 6.5 + 4.
= 10.5%
Learn more about APR on:
brainly.com/question/2772156
#SPJ12