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gtnhenbr [62]
3 years ago
6

What is meeting the deductible?

Business
1 answer:
wolverine [178]3 years ago
3 0

Answer:

The amount you pay for covered health care services before your insurance plan starts to pay. With a $2,000 deductible, for example, you pay the first $2,000 of covered services yourself. ... Many plans pay for certain services, like a checkup or disease management programs, before you've met your deductible.

You might be interested in
A company's expected receipts from sales and planned disbursements to pay bills is commonly called a:
igomit [66]

Answer:

Cash budget.

Explanation:

A company's expected receipts from sales and planned disbursements to pay bills is commonly called a cash budget.

A cash budget can be defined as a budget consisting of expected cash receipts or estimation of the cash flows and planned disbursements to pay bills, for a business over a specific period of time.

In Financial accounting, a cash budget is typically used to determine whether a business firm has sufficient funds for its smooth operations and evaluate if cash are being spent judiciously or productively. A cash budget comprises of financial items such as costs incurred or expenses paid, revenues generated, payments and loan receipts collected.

5 0
3 years ago
Kara voluntarily quit her job as an insurance agent to return to school full time to earn an MBA degree. With degree in hand, sh
Virty [35]

Frictionally unemployed describes their employment status.

<u> Explanation: </u>

Frictional joblessness is constantly present in the economy, coming about because of transitory changes made by laborers and bosses. Frictional joblessness is a piece of the general work picture, including common joblessness, which is the base joblessness rate in an economy because of monetary powers and willful development of work.

In any case, common joblessness mirrors the quantity of laborers that are not utilized as a result of an absence of ability or were supplanted by innovation. Frictional joblessness, then again, is from intentional moves by laborers yet is remembered for common joblessness since it speaks to the base degree of joblessness in an economy.  

The frictional joblessness rate is determined by partitioning the laborers effectively searching for employments by the complete work power. The laborers effectively searching for employments are ordinarily arranged into three classifications: laborers who found employment elsewhere, individuals coming back to the workforce, and new participants.  

Ongoing alumni from school or first-time work searchers may do not have the assets or proficiency for finding the organization that has the activity that is accessible and reasonable for them. Thus, they don't take other work, incidentally waiting for the better-paying employment.

4 0
3 years ago
What factor has the most impact on a person's credit score?​
mario62 [17]

Answer:

The biggest factor impacting your credit is your payment history, which makes up 35% of your FICO® Score☉ . A close second is the amount of credit you're using, which accounts for 30% of your payment history.

Explanation:

7 0
3 years ago
Some experts recommend devoting about ________ of the total writing time to the third phase of the writing process.
klemol [59]

Answer:

50%

Explanation:

There are 3 stages of writing namely; pre writing, composing, post writing. 50% of the total writing time is recommended by experts to be devoted to the post writing phase to ensure that the writing is error free and well revised. This allows for a interesting read of the final product. This third phase mainly involves revising/editing and proofreading.

Cheers.

6 0
3 years ago
Arizona Desert Homes (ADH) constructed a new subdivision during 2020 and 2021 under contract with Cactus Development Co. Relevan
ollegr [7]

Answer:

construction in progress 400,000

cost of construction 600,000

revenue from long-term contracts 1,000,000

Explanation:

To derive revenue for this year :we say Total revenue $3,000,000- Revenue previously recognized $2,000,000 =

Revenue to recognize this year $1,000,000.

Cost recognized for the year= $600,000(as opposed to $12000000 in costs last year)

Gross profit recognized for this year = $1,000,000 - $600,000 = $400,000

4 0
4 years ago
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