Actual payments by an insurance company for losses that happen are called: A. benefits. B. coverage. C. premiums. D. insurable interest i got B

23,197 results
1. statistic

Jim has a 5-year-old car in reasonably good condition. He wants to take out a \$30,000 term (that is, accident benefit) car insurance policy until the car is 10 years old. Assume that the probability of a car having an accident in the year in which it is x

2. Finance

An insurance company is offering a new policy to its customers. Typically, the policy is bought by a parent or grandparent for a child at the child's birth. The details of the policy are as follows: The purchaser (say, the parent) makes the following six

3. Insurance

Of 500 employees of a firm 280 have a life insurance policy ,400 have a medical insurance cover and 200 participate in both programs. 1)what is the probability that a randomly selected employee will be a participant in at least one of the two programs ?

4. Economics

The chapter states that the elderly population in the United States is growing more rapidly than the total population. In particular, the number of workers is rising slowly, while the number of retirees is rising quickly. Concerned about the future of

5. Accounting

On March 1, 2003, a company paid a \$16,200 premium on a 36-month insurance policy for coverage beginning on that date. Refer to that policy and fill in the blanks in the following table: Check 2005 insurance expense: Accrual, \$5,400; Cash, \$0. Dec. 31,

6. Economics

1. (TCO 3) Which of the following is most likely to be an implicit cost for Company X? (Points : 1) Forgone rent from the building owned and used by Company X Rental payments on IBM equipment Payments for raw materials purchased from Company Y

7. math

There was water damage to personal property in a home. The items damaged were originally priced at \$4000. The items lose value by 11% per year. The items were four years old when they were damaged. The owner had actual cash value coverage with a deductible

8. Math

There was water damage to personal property in a home. The items damaged were originally priced at \$4000. The items lose value by 11% per year. The items were four years old when they were damaged. The owner had actual cash value coverage with a deductible

9. managerial economics

Increasingly, employees are being allowed to choose benefit packages from a menu of items. For instance, workers may be given a package of benefits that includes basic and optional items. Basics might include modest medical coverage, life insurance equal

10. Financial Accounting

Prepare adjusting journal entries for the year ended December 31, 2011 for each of the independent situation in (a) to (f). Assume that prepaid expenses are initially recorded in asset accounts. Assume that fees collected in advance of work are initially

11. insurance

of 500 employees a firm 280 have a life insurance policy, 400 have a medical insurance cover and 200 participate in both programmes. what is the probability that a randomly selected employee will be a participant in at least one of the two programs (ii)

The property of Al’s garage is worth \$300,000. Al has a fire insurance policy of \$180,000 that contains an 80% coinsurance clause. What will the insurance company pay on a fire that causes \$210,000 damage? If Al met the coinsurance requirement, how much

13. Math

There was water damage to personal property in a home. The items damaged were originally priced at \$4000. The items lose value by 11% per year. The items were four years old when they were damaged. The owner had actual cash value coverage with a deductible

14. Finance

An insurance company is offering a new policy to its customers. Typically, the policy is bought by a parent or grandparent for a child at the child's birth. The details of the policy are as follows: The purchaser (say, the parent) makes the following six

15. probability

An insurer offers a health plan to the employees of a large company. As part of this plan, the individual employees may choose two of the supplementary covaerges A, B and C or they may choose no supplementary coverage. The proportions of the company's

16. math

When starting an automobile insurance plan, there are many factors that will determine the premium paid by the policyholder. Part one: What are some of the coverage choices (options and levels of coverage) the policyholder can make that would lead to a

17. Critical Thinking

When the interests of politicians or big business moguls coincide with those of the masses which of the following is the consequence? coverage of events will be leaked coverage of events will be automatic coverage of events will be cancelled coverage of

18. medical records

Compare cost control strategies of employer-sponsored (employers buy from insurance companies) to self-funded (employers cover costs of benefits) health plans. Include the following factors: Riders Enrollment periods Provider networks Third party

19. Health care

Please check my answer thanks :) You own a company in a state where state funds are not mandated for employee health insurance. What's one option for providing your employees with health care coverage for work related injuries. 1 Medicaid plans 2.

20. Medical Billing and coding

You own a company in a state where state funds aren't mandated for employee health insurance. What's one option for providing your employees with health care coverage for work related injuries? A. Medical plans B. Referrals to other network groups C.

21. week 7

Your company has had a very profitable year and is looking to expand their employee benefits. As an employee in the benefits department, you have been asked to prepare a report to persuade your company administrators that adding tuition reimbursement for

22. insurance form preparation

What form should be attached to a CMS-1500 form submitted to a secondary insurance company? A. a copy of the CMS-1500 sent to the primary insurance company. B. An Explanation of Benefits (EOB) C. a copy of the patient's medical treatment record. D. a copy

23. Finance

An insurance company is offering a new policy to its customers. Typically, the policy is bought by a parent or grandparent for a child at the child's birth. The details of the policy are as follows: The purchaser (say, the parent) makes the following six

24. medical billing

for medicaid cases there is no assignment of benefits unless the patient has other insurance in addition to medical. true or false 2. a two or three form that incorporates a bill, insurance form,and routing document used both computer and paper based

25. probability

An insurer offers a health plan to the employees of a large company. As part of this plan, the individual employees may choose two of the supplementary covaerges A, B and C or they may choose no supplementary coverage. The proportions of the company's

26. Computer technology

To explain why “commonality” is important,the 2000 Presidential election was affected by apparently confusing punch cards in Florida. In that scenario, the interaction of humans with technology failed to prove consistent and resulted in a recount that

27. algebra

Bayside insurance offers Giselle a two part insurance coverage. She has to pay the first \$50, plus 40% of the remaining bill. How much would her medical bills be in bills in order for paln B to save her money?

28. Health

I have revised this some. Please take a look and let me know how I can make it better thanks. How do you think the United States aligns with the health systems of other countries? Identify components from other countries that you would like to be

29. math

of 500 employees, 200 participate in a company's profit- sharing plan (P), 400 have major-medical insurance coverage (M). and 150 employees participate in both programs. Construct a Venn diagram and find out the probability that a randomly-selected

30. Algebra

Leith bought a homeowner's insurance policy when he purchased his new home. He pays an annual premium of \$775 for property coverage of \$250,000 and liability coverage of \$350,000. His deductible is \$1,300. Leith pays this premium for 11 years, at which

The chapter states that the elderly population in the U.S. is growing more rapidly than the total population. In particular, the number of the total workers is rising slowly, while the number of retirees is rising quickly. Concerned about the future of

32. accounting

A company has an insurance policy for fifty thousand dollars that is due. How is this set up when the company does not pay it in full. It is paid monthly to an insurance premium company within one year. How do we set it up on the company books? There is a

33. Statistics

A consumer agency wanted to investigate if four insurance companies differed with regard to the premiums they charge for auto insurance. The agency randomly selected a few auto drivers who were insured by each of these four companies and had similar

34. Home insurance

Another term that means the same thing as "insurance company"is: A."insurance agent" B."insurance broker" C."the insurer" D."the insured" I got b.

Can someone help me prepare an adjusting entry for the following> Prepaid insurance account had 4,000 balance on December 31, 2007. An analysis of insurance policies shows that 1,200 of unexpired insurance benefits remain at December 31, 2008. Prepaid

36. Personal Finance

What are some coverage characteristics of auto, health, like, disability, and and life insurance?

37. Insurance.

Actual payments by an insurance company for losses that happen are called: A. benefits. B. coverage. C. premiums. D. insurable interest.

38. insurance

Actual payments by an insurance company for losses that happen are called: A. benefits. B. coverage. C. premiums. D. insurable interest. I think it might be C.

Actual payments by an insurance company for losses that happen are called: A. benefits. B. coverage. C. premiums. D. insurable interest i got B.

40. financial securities

Cat Bonds An insurance company has sold insurance to cover damage that arises from hurricanes in the South Texas area. If a hurricane occurs, the insurance company is faced with losses as it pays out claims. The magnitude of the losses will depend on many

41. economics

Increasingly, employees are being allowed to choose benefit packages from a menu of items. For instance, workers may be given a package of benefits that includes basic and optional items. Basics might include modest medical coverage, life insurance equal

42. personal finance

Nathaniel has three different insurance policies.He has been injured in an accident and has incurred \$30,000 in medical bills.There is a clause in all of his insurance contracts that makes sure he receives no more than \$30,000 in payments from his

43. medical reimbursement methodologies

PLease check my answer thanks One option for providing your employee with health care coverage for work-related injuries is (this is in a state where you own a company where funds are not mandated for employee healh insurance) 1 self insurance coverage 2

44. math

helping lil bro with homework and he forgot to bring his books home and I cant remember anything 1. The word “risk” is used often in insurance discussions. Assume you have an apartment and how likely you are to buy Renter’s Insurance? 2. When you buy

Can someone help me on this? Bob Brown was recently involved in a minor auto accident. His car was hit from behind, and he, in turn, slammed into the car in front of him. He would like someone to explain his coverage and show him where, in his auto policy,

46. History of health care

Please check my answer thanks :) You own a company in a state where state funds are not mandated for employee health insurance. What is an option for providing your employees health care coverage for work related injuries I am not to sure about this one I

47. financial resources

Bob Brown was recently involved in a minor auto accident. His car was hit from behind, and he, in turn, slammed into the car in front of him. He would like someone to explain his coverage and show him where, in his auto policy, each of his losses might be

48. Health Information

You own a company in a state where state funds aren't mandated for employee health insurance. What's one option for providing your employees with health care coverage for work-related injuries? a. medicaid plans b. referrals to other network groups c.

49. Economics

a. If total expenditures (Social security) were frozen, what would happen to benefits per retiree? To tax payments per worker? (Assume that social security taxes and receipts are balanced in each year) b. If benefits per retiree were frozen, what would

50. financial resources

Assignment Type: Discussion Board Deliverable Length: 2-3 paragraphs Points Possible: 55 Due Date: 5/18/2008 11:59:59 PM CT Bob Brown was recently involved in a minor auto accident. His car was hit from behind, and he, in turn, slammed into the car in

51. finance

insurance matrix, Insurance Matrix Type of Insurance Functions Example of Company Coverage Characteristics Auto Home Health Disability Life what do they mean by the functions

52. math

When you buy auto insurance, you have a choice of buying a full coverage policy or a basic “state minimum” policy. The difference is what gets paid for if you cause an accident. A full coverage policy will pay to fix or replace your car after you pay a

53. Insurance Forms

I need help with a few questions. Could you let me know if I'm going in the right direction. 1- CHAMPVA would be considered a primary payer for a patient who has ______ coverage. A- Medicaid B- fee-for-service C- Medicare D- SSI Answer: A 2- You should

can someone who is knowledgeable in business law please check my answers thank you. 1.)insurance that pays for damage from some type of impact to the insured 's own car is? a.property damage liability insurance b.comprehensive insurance c.collision

can someone who is knowledgeable in business law please check my answers thank you. 1.)insurance that pays for damage from some type of impact to the insured 's own car is? a.property damage liability insurance b.comprehensive insurance c.collision

56. math

Renter’s Insurance protects a person who is renting an apartment from losses or damages that can occur in the apartment setting. Give two examples of things that could happen in an apartment that would be protected by having renter’s insurance.

57. Health insurance

please check my answer thanks If both nondivorced of a dependent child have insurancce that will cover that child , which policy is considered to be the primary carrier for the child ? A the mother's insurance B the father's insurance C The coverage that

58. accounting

what would happen if a company had both interest payments and lease payments

59. Personal Finance

PLEASE HELP ME ASAP!!!!!!!!!!!! 32. Which is not a horrible mortgage option? a. ARM b. Conventional c. Reverse mortgage d. Balloon I answered c and I am not sure if that is right or not. 33. Why do you plan for retirement instead of relying on Social

60. Reimbursement Methodologies

Could someone please check my answers for me..Thanks 1. Mary needs Medicaid coverage. Where should she start looking for information to determine her eligibility? A. The local hospital social services department B. Her employer C. The federal government

61. reimbursement methodologies

Could someone please check my answers for me..Thanks 1. Mary needs Medicaid coverage. Where should she start looking for information to determine her eligibility? A. The local hospital social services department B. Her employer C. The federal government

62. Finance

The Mutual Assurance and Life Company is offering an insurance policy under either of the following two terms: a. Make a series of 12 payments of 1,200 at the beginning of each of the next 12 years (the first payment being made today) b. Make a single

63. Reimbursement methodologies

Which insurance coverage was created to allow coverage for options that are not covered under Medicare A & B

64. XCOM/285

Your company has had a very profitable year and is looking to expand their employee benefits. As an employee in the benefits department, you have been asked to prepare a report to persuade your company administrators that adding tuition reimbursement for

65. Statistics

An insurance company estimates 40 percent of its claims have errors. The insurance company wants to estimate with 90 percent confidence the proportion of claims with errors. What sample size is needed if they wish to be within 5 percent of the actual?

66. Health Writeacher

The United States healthcare system does not align with other systems internationally. The U.S. spends a lot on healthcare but there is still a significant amount of people who continue not to have health coverage. The US has Private health insurance

67. Question Finance

November 21, 2009, was the day of a tragic fire in the MGM Grand Hotel in Las Vegas. At the time of the fire, the hotel had only \$30 million of liability insurance. One month after the fire, the hotel bought an extra \$170 million of liability coverage for

68. Take a look Ms Sue

November 21, 2009, was the day of a tragic fire in the MGM Grand Hotel in Las Vegas. At the time of the fire, the hotel had only \$30 million of liability insurance. One month after the fire, the hotel bought an extra \$170 million of liability coverage for

69. finance

November 21, 2009, was the day of a tragic fire in the MGM Grand Hotel in Las Vegas. At the time of the fire, the hotel had only \$30 million of liability insurance. One month after the fire, the hotel bought an extra \$170 million of liability coverage for

70. med coding

whats one option for providing your employees with health care coverage for work related injuries? medicaid plans, medical savings plans, self insurance coverage or referrals to other networks

71. Intermediate Accounting

I am having a hard time calculating this my question is On April 1, 2011, the company paid an insurance company \$4,000 for a two-year fire insurance policy. The entire \$4,000 was debited to insurance expense. How do I calculate?

72. Accounting

On April 1, 2009, the company paid an insurance company \$5,000 for a two-year fire insurance policy. The entire \$5,000 was debited to insurance expense. What is the Dec. 31, 2009 adusting journal entry? Prepaid Insurance xx Insurance expense xx I can't

73. Statistics

A consumer agency wanted to investigate if four insurance companies differed with regard to the premiums they charge for auto insurance. The agency randomly selected a few auto drivers who were insured by each of these four companies and had similar

74. economics

(Insurance) Let X = R+. Consider a house owner whose house has a risk of burning down with probability 0.001. If the house burns down it is worth \$0 otherwise it is worth \$1 million. The owner of the house is an expected utility maximizer with a vNM

75. home insurance

The amount you pay out of pocket before your health insurace policy begins to take over payments is called your: A.premium B.deductible C.liaility D.insurance i got C

76. economy

a) Minimizing Losses: Whether a firm suffering losses decides to produce or not to produce in the short run depends on the benefits and costs of continuing production. Explain.

77. XCOMM 285

Assignment: Tuition Reimbursement Implementation Report · Review the following scenario: Your company has had a very profitable year and is looking to expand their employee benefits. As an employee in the benefits department, you have been asked to

After receiving a positive response from StopNShopToday, Inc. management about the recommendations for the incentives and performance appraisal projects, the HR generalist has been assigned a project that will prove to be very challenging: assessing the

How do I tell if this is a mean or a proportion 1. Insurance companies track life expectancy information to assist in determining the cost of life insurance policies. The insurance company knows that, last year, the life expectancy of its policyholders was

80. Economics

The chapter states that the elderly population in the United States is growing more rapidly than the total population. In particular, the number of workers is rising slowly, while the number of retirees is rising quickly. Concerned about the future of

81. medical insurance forms

please check my answer thanks When should you submit a cliam to a secondary insurance company ? A when a primary insurance company returns a cliam for correction B when the patient says it is ok C At the smae time you sumbit the claim to the primary

82. personal finance

John T. works on the assembly line at an automobile factory. One day he falls off the roof of his house while cleaning the gutters and injures his back. He learns he will be off his job for almost a year while his back heals. Which of the following

83. Labor Relations

1. The Local Roofers' Union makes an agreement with management for guaranteed raises each year of no less than 3% of their pay for the next two years in exchange for a reduction in their medical benefits coverage. This is called A. an interest dispute. B.

84. acounting

a) the cash payments journal used in this problem has only 3 special amount columns. Under what circumstances would you recommend that additional special amount columts to be added to a cash payments journal? b) When insurance premiums are paid, should the

85. sorry here is my answer

I think it's Self insurance coverage

86. accounting

At the end of April, ABC company had a balance of \$37,910 in vacations benefits payable account. During May, employers earned an additional \$2,790 in vacation benefits, but some employee used vacation days amounting to \$2,050 of vacation benefits.. The

88. Economics(pls Help)

Zoe Goggles is a deep sea underwater photographer. Her camera and lenses are valued at \$4,000. There is a chance of 1/20 that she will lose her equipment on a dive over the course of the year. Her wealth, including the value of her equipment, is \$30,000.

89. math

A 28-year-old man pays \$192 for a one-year life insurance policy with coverage of \$150,000. If the probability that he will live through the year is 0.9989, what is the expected value for the insurance policy?

90. math

David Salter has a personal automobile policy ( PAP) with coverage of \$ 25,000/\$ 50,000 for bodily injury liability, \$ 25,000 for property damage liability, \$ 5,000 for medical payments, and a \$ 500 deductible for collision insurance. How much will his

The property of Al's garage is worth \$300,000. Al has a fire insurance policy of \$180,000 that contains an 80% coinsurance clause. What will the insurance company pay on a fire that causes \$210,000 damage? If Al met the coinsurance requirement, how much

The property on Al's garage is worth \$300,000. Al has a fire insurance policy of \$180,000 that contains an 80% coinsurance clause. What will the insurance company pay on a fire that causes \$210,000 damage? If Al met the coinsurance requirement, how much

The property of Al’s garage is worth \$300,000. Al has a fire insurance policy of \$180,000 that contains an 80% coinsurance clause. What will the insurance company pay on a fire that causes \$210,000 damage? If Al met the coinsurance requirement, how much

94. Accounting

Exercise 3-7 Determining assets and expenses for accrual and cash accounting C2 On March 1, 2003, a company paid a \$16,200 premium on a 36-month insurance policy for coverage beginning on that date. Refer to that policy and fill in the blanks in the

95. English

I am writing an essay and I would like to know if I did this right. The source I got it from wasn’t a complete sentence but said free health insurance coverage for employee and family. In my essay I wrote “Pediatric Residency Program” continued that

96. math

Assume that Mary Boyle had a homeowner’s insurance policy with \$ 150,000 of coverage on the dwelling. Would a 90 percent co- insurance clause be better than an 80 percent clause in such a policy?

97. ACCOUNTING help

how to post On March 1, 2003, a company paid a \$16,200 premium on a 36- month insurance policy for a coverage beginning on that date. Refer to that policy and fill in the blanks in the following table: Balance Sheet Insurance Asset Using Accrual Cash Basis

98. statistics

Drivers pay an average of (mean \$690) per year for automobile insurance the distribution of insurance payments is approximately normal with a standard deviation of 110 dollars. What proportion of drivers pay more than 100 dollars per year for insurance?

99. statistics

Drivers pay an average of (mean \$690) per year for automobile insurance the distribution of insurance payments is approximately normal with a standard deviation of 110 dollars. What proportion of drivers pay more than 100 dollars per year for insurance?

100. critical thinking

When the interests of politicians or big business moguls coincide with those of the masses which of the following is the consequence? Answer coverage of events will be slanted coverage of events will be automatic coverage of events will be cancelled