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OlgaM077 [116]
4 years ago
5

When does CMS have to release star ratings?

Business
1 answer:
svet-max [94.6K]4 years ago
8 0

On October 7, 2019 Centres for Medicare Services (CMS) have to release star ratings.

<u> Explanation: </u>

To support consumers, and their families and caretakers compare health homes easier and identify areas where you might like to ask any questions, CMS created a 5 Star rating system.

Medicare applicants have concerns with their health plan and health care systems using 5 star ratings.

The score for health plans is 1 to 5 stars and 5 stars would be the highest.   The Star Rating Program is designed to:

  • Increase the quality of care for Healthcare recipients
  • Reinforce the protection of beneficiaries
  • Easy comparison of health plans by consumers
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The Rodriquez family is determined to purchase a $250,000 home without incurring any debt. The family plans to save $2,500 a qua
dexar [7]

Answer:

70years

Explanation:

The future value formula for compound interest, after n interest period is

F=P(1+i)^n

where i is the interest rate per period in decimal form and P is the principal or present value.

The Rodriquez family is determined to purchase a $250,000 home so

F=$ 250,000

The family plans to save $2,500 a quarter for this purpose and expects to earn 6.65 percent.

This implies that:

i =  \frac{0.0665}{4}  = 0.0016625

For t years, the number of compounding periods will be;

n = 4t

We fixed the values into the formula and solve for t.

250000=2500(1+0.0066125)^ {4t}

\frac{250000}{2500} =(1.0066125)^ {4t}

100=(1.0066125)^ {4t}

100=(1.0682)^ {t}

t =  log_{1.0682}(100)

t = 69.8

It will take approximately 70years

3 0
3 years ago
A business' last line of defense against risks that cannot be controlled or avoided by other risk management practices is this t
natima [27]

Answer: A business continuity plan

                           

Explanation: Business continuity planning refers to the procedure involved in creating a risk reduction and recovery scheme for a corporation from possible hazards.

The strategy helps to ensure the protection of management and resources and the ability to operate rapidly in the event of an emergency. The BCP is usually designed in ahead of time and includes insight from relevant parties and staff.

BCPs are an essential part of any undertaking. Threats and disturbances result in revenue shortfall and increased costs, resulting in a decline in productivity. And companies can not rely solely on insurance since it does not cover all the costs and the clients that move to the contest.

5 0
4 years ago
Explain concisely whether the following statement is true or false:
Mrac [35]

False. Gpd was not designed to assess welfare

3 0
3 years ago
Key numbers that financial managers use to calculate ratios usually come from the firm’s
3241004551 [841]
The answer that fits the blank above would be BALANCE SHEET AND INCOME STATEMENT. The balance sheet serves the copy of the liabilities and assets that a company or firm has recorded for a specific period of time. On the other hand, the income statement shows both the profit and loss that the company has. Therefore, it is based on these two that financial managers are able to calculate ratios.
8 0
4 years ago
Accompanying the bank statement was a debit memorandum for an NSF check received from a customer. This item would require an adj
tamaranim1 [39]

Answer:

The correct answer is debit accounts receivable, credit cash.

Explanation:

Note debit is a receipt that a company sends to its client, in which it is notified that it has charged or debited a certain sum or value in its account, for the concept indicated in the same note. This document increases the value of the debt or account balance, whether due to an error in billing, interest for late payment, or any other circumstance that means an increase in the balance of an account.

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3 years ago
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