Health

Health, 07.11.2019 18:31, bncook

What is a patient paying if $500 must be paid in order to receive insurance?
insurance coverage
insurance premium
liability costs
resk management costs

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Social Studies, 01.09.2019 09:10, kp2078

Jill paid an annual premium of $2,000 in total coverage for her homeowner's insurance, including $250,000 in damage coverage and $250,000 in liability coverage. ten years into her policy, a friend fell off a ladder while working on the roof of her house and claimed $75,000 in medical expenses. eleanor's insurance company paid the claim. did the cost of the annual premiums outweigh the benefit of transferring the risk to the insurance company?

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Business, 06.10.2019 05:30, kquestion

Eleanor paid an annual premium of $2,000 in total coverage for her homeowner's insurance, including $250,000 in damage coverage and $250,000 in liability coverage. six years into her policy, a tree fell on eleanor's home and caused $40,000 worth of damage. eleanor's insurance company paid the claim. did the cost of the benefit of transferring the risk to the insurance company outweigh the cost of the premium?

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Business, 11.11.2019 23:31, Scoopaloop

Eleanor paid an annual premium of $2,000 in total coverage for her homeowner's insurance, including $250,000 in damage coverage and $250,000 in liability coverage. six years into her policy, a tree fell on eleanor's home and caused $40,000 worth of damage. eleanor's insurance company paid the claim. did the cost of the benefit of transferring the risk to the insurance company outweigh the cost of the premium? (5 points)

Answers: 3

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Business, 27.11.2019 19:31, nails4life324

Joe is currently unemployed and without health insurance coverage. he derives utility (u) from his interest income on his savings (y) according to the following function: u = 5(y^1/2) joe presently makes about $40,000 of interest income per year. he realizes that there is about a 5 percent probability that he may suffer a heart attack. the cost of treatment will be about $20,000 if a heart attack occurs. a. calculate joes expected utility level without any health insurance coverage. b. calculate joes expected income without any insurance coverage. c. suppose joe must pay a premium of $1,500 for health insurance coverage with acme insurance. would he buy the health insurance? why or why not? d. suppose joe purchases the health insurance coverage and represents the average subscriber, and his expectations are correct. what would be the actuarially fair premium? e. calculate the loading fee the insurance company will receive when joe pay a premium of $1,500.

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What is a patient paying if $500 must be paid in order to receive insurance?
insurance covera...

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