Premiums and policy values tend to be correlated. Products with a wide range of benefits, low cost sharing at the time of payment, and high actuarial value tend to have high insurance premiums.
<h3>What is actuarial Value? </h3>
The percentage of the average total cost for covered services that is covered by the plan. For example, if your plan has an average actuarial value of 70%, you will cover 30% of the cost of all benefits.
<h3>How do actuaries evaluate health insurance?</h3>
This is calculated using medical claims from a standard population along with the plan's copay provisions to simulate claim payments. The commission percentage paid by the scheme is the actuarial value.
<h3>What is monthly bonus (premium)?</h3>
This is the monthly payment for health insurance. In addition to premiums, you will usually have to pay medical expenses, including deductibles, copayments, and coinsurance. If you have a Marketplace health plan, you may be able to take advantage of a benefit tax credit to reduce your costs.
To learn more about actuarial value visit:
brainly.com/question/13147575
#SPJ4
Answer:
option A
Explanation:
mono means 1 in Latin hence one god
The three main consequences of holding a third party of politics in the United States is firstly they could rarely succeed in any elections.
Secondly, When campaigns carried in the United States, third-party substitute the public interest from certain issues which can be very serious. Thirdly , they usually take away votes from the nominees of the influential parties which affects the entire results of the elections.
Answer:Motives for Exploration For early explorers, one of the main motives for exploration was the desire to find new trade routes to Asia. By the 1400s, merchants and crusaders had brought many goods to Europe from Africa, the Middle East, and Asia. Demand for these goods increased the desire for trade.
Explanation:hope i helped:)
Vladimir Lenin was a Russian communist leader who led the Bolshevick Revolution, Stalin took over after continuing to rule by fear.
