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vampirchik [111]
3 years ago
5

What is the difference between a co-payment and co-insurance?

Business
2 answers:
Whitepunk [10]3 years ago
7 0

Answer:

(a.)

Co-payment refers to two spouses paying for the same coverage, and co-insurance refers to two spouses receiving the same benefits.

nikdorinn [45]3 years ago
4 0

Answer: b. A co-payment is a flat fee for each service, and co-insurance is based on a percentage of the

costs incurred.

Explanation: i got it right on edge 2020

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This is 1 question do not delete, mods. how am I supposed to separate a connect the lines thing without knowing the answers
raketka [301]

Answer:

<em>Executive Summary - 2. </em>

<em>Products and Service - 3. </em>

<em>Market Analysis - 8. </em>

<em>Competitive Analysis - 5. </em>

<em>Goals and Strategy - 1. </em>

<em>Funding Request - 4. </em>

<em>Marketing and Sales - 6. </em>

<em>Organization - 9. </em>

<em>Financial Analysis - 7. </em>

To successfully identify which information belongs to a specific business plan part, knowing the aim and order of each part is essential. You should realize how each part fits in the bigger picture.

Executive Summary - This is usually the beginning part of each business plan. Its deliverable is similar to the deliverable of the elevator <u>pitch</u>, or pitch in general. It should give key information on your company: <u>mission statement</u>, briefly highlight the financials and shortly describe the business operating. It should <u>briefly tackle the problem at hand</u> and just introduce the eventual solution.

Products and Service - It is always needed to explain your existing or planned product or service line, highlighting the benefits and key characteristics of your goods/services. A key component of this part is the <u>suppliers' part</u>, as it should be noted how many financial resources should be allocated to suppliers for materials and other prerequisites.

Essential information regarding products can vary. Some may require a special note on copyright laws, trademarks, or relevant policies in general.

Market Analysis - This is the part describing your comparison of several markets, the choice describing why you opted for that one, and the consumer characteristics in that particular market.

Here you need to utilize the needed statistics, carefully describing the <u>size and potential of a market</u>. Special attention needs to be given to <u>consumer habit</u>s, <u>purchasing power</u> and relevant info telling us why that particular customer segment would opt for our goods/services.

Competitive Analysis - Since every industry or area of business operating has <u>direct and indirect competitors</u> (unless we're making a business plan for a monopoly, which is unlikely), it is essential to tackle their strengths and weaknesses.

Here you need to put info regarding your competitor's business operating, how it gains its competitive advantage (if applicable) and which particular characteristic makes the competitor's customers opt for that business in the first place (unique selling proposition).

Goals and Strategy - This part refers to the concrete <u>recommendations</u> you, as a business consultant, have for the company, given the identified problems and issues.

This should be a real, defined <u>action plan</u> that makes <em>you differ from your competitors</em>, giving you the opportunity to get a competitive advantage. The strategies and tactics included can differ industry-wise and are often related to a specific area of business operating where the company faces critical problems.

Funding Request - Mainly placed on the end or separated from the core of the business plan, the funding request is key when <u>creating startups</u>. This part should put out how many financial resources to put your business on track and how you plan to use them. A funding request should be <u>created to approach investors and banks.</u>

Sometimes, a funding request is used in a broader sense than the business plan, as in that case, the request needs to have a part of the business plan attached, next to the key info (funds needed to start the company).

Marketing and Sales - Once you have conducted the analyses and made the recommendations, an adequate sales and marketing plan should follow. This is extremely important if a key constituent of your strategy is the placement of a new product.

This part should include <u>all things related to the marketing mix</u>: advertising plan, distribution channels, promotion and PR activities... Also, a marketing budget should be carefully allocated and elaborated.

When it comes to sales, you should include the <u>sales strategy</u> and sales target/projection.

Organization - Usually placed at the beginning of the business plan, the organization part should describe the <u>structure</u> and the <u>level of departmentalization</u> in the company. It often includes a diagram visually representing the divisions in your company. Also, it should be described which obligations and duties fall under each department.

Financial Analysis - Often placed at the end of a business plan, this part is critical to the overall effect and integration of the business plan. It includes the<u> financial history</u> and<u> financial success</u> of your company (reports on revenue, EBIT, profit, loss, ROI...), as well as the <em>projections</em> that relate to what will happen after you implement the strategies elaborated in the Goals and Strategy part.

5 0
3 years ago
Your grandmother has been putting $1,000 into a savings account on every birthday since your first (that is, when you turned one
lukranit [14]

Answer:

The amount in the account on the  18th birthday = $ 25,645.41

Explanation:

<em>The investment can be described as an ordinary annuity. An ordinary annuity is a series of equal periodic cash flows that  occur for a certain number of years</em>

<em>The amount the invest will accrue principal plus interest is known as the f</em><u><em>uture value</em></u><em> of the annuity</em>

It is determined as follows:

<em>FV = A ×  ( (1+r)^n -1  ) / r</em>

FV - ?,  A = 1000.  r - 4%- 0.04, n - 18

FV = 1,000× ( ( (1.04)^(18) - 1 )/ 0.04

    = 1,000 ×  25.64541288

    = $ 25,645.41

The amount in the account on the  18th birthday = $ 25,645.41

5 0
4 years ago
Japan limits the amount of foreign-grown rice that can be sold in that country by imposing a very high import tax. This protects
dlinn [17]

Answer:

Tariff

Explanation:

A Tariff is otherwise known as an import duties, it is the taxes imposed on goods that come from other countries into a particular country.  Tariff is imposed for so many reasons one of which is to protect local industries of the country i.e enabling local industries in the country to have profitability in their business and eliminating competitions from foreign organisation.

By imposing tariff, the rate of goods imported into a country will be reduced and this will encourage local production of goods and discourage importation.  

5 0
3 years ago
Read 2 more answers
Henrie’s Drapery Service is investigating the purchase of a new machine for cleaning and blocking drapes. The machine would cost
Nikitich [7]

Answer:

1. IRR = 14%

2. NPV = 3.239

3. 12%

Explanation:

The IRR is the discount rate that equates the after tax cash flows from an investment to the amount invested in a project.

NPV is the present value of after tax cash flows from an investment less the amount invested

NPV and IRR can be calculated using a financial calculator

Cash flow in year zero = -137,320

Cash flow each year from year 1 to zero = 40,000

I = 14%

IRR = 14%

NPV = 3.239

If cash in flow each year from year 1 ro 5 was $38,090, the IRR = 12%

To find the NPV using a financial calacutor:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

To find the IRR using a financial calacutor:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the IRR button and then press the compute button.

I hope my answer helps you

4 0
4 years ago
If Carol's disposable income increases from $1,200 to $1,700 and her savings increases from $200 to $300, then: marginal propens
Zepler [3.9K]

Answer:

The Marginal Propsensity to Consume is four-fifths

Explanation:

To answer the question, an indirect approach must be used.

  1. First, we are given data on disposable income and Savings, it is, therefore, easy to assume that we are to calculate the Propensity to Save.
  • The Formula for calculating the Propensity to Save is:  Change in Savings /Change in Income.
  • MPS=ΔS/ΔY
  • Using the data we have:
  • Change in Savings: $300-$200= $100
  • Change in Income: $1,700-$1,200=$500
  • MPS= $100/$500= One-fifth
  • But hold on: One-fifths Marginal propensity to save is not part of the options, so we continue:
  • If Marginal Propensity to Save is One-Fifths, then based on a formula the Marginal Propensity to Consume is the balance of the Subtraction of One-Fifths from One:
  • 1-1/5= 4/5.
  • The Marginal Propensity to Consume is therefore four-fifths.

Note:

  • If the data given was increase in consumption instead of savings then we would have directly calculated Marginal Propensity to Consume= Change in Consumption/Change in Income or
  • MPC= ΔC/ΔY
4 0
4 years ago
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