What type of an insurance contract will insurer pay

Assignment Help Accounting Basics
Reference no: EM132729029

Problem 1: All of the following are historical reasons for the increase in health care expenditures in the U.S. EXCEPT:

A) Cost insulation because of third-party payers.

B) Employer-sponsored health insurance.

C) Universal health insurance coverage.

D) Technological advances in health care.

E) ACA Reforms.

F) Decrease in competition in health insurance sector due to rising data-intensity in the sector.

G) Increased quality of care as measured by tangible outcomes metrics (e.g. life expectancies relating to different procedures and treatments, etc.

Problem 2:  Joan was injured in an auto accident. She was totally disabled and collected disability income benefits for 8 months. She would like to return to work on a part-time basis to see if her recovery is complete. Under what type of an insurance contract will her insurer pay disability income benefits to her during the period of her part-time employment?

A) Recurrent disability.

B) Presumptive disability.

C) Permanent disability.

D) Partial disability.

Explain your answer.

Reference no: EM132729029

Questions Cloud

What is the amount reported on the income statement : Our company is a manufacturer and has the following data available for the current year: sales, $550,000; What is the amount reported on the income statement
Will the deduction be taken for depreciation : Will the deduction be taken for depreciation when settling a covered loss? You are risk manager at Bay Engineering, Ltd. You purchased a Commercial Package
What type of liability insurance protects the executives : Filed a lawsuit against the executives of the firm. What type of liability insurance protects the executives of the organization against such suits?
What is the january balance in the control account : Crane Company has a balance in its Accounts Receivable control account of $10,600 on January 1, 2020. What is the January balance in the control account
What type of an insurance contract will insurer pay : What type of an insurance contract will her insurer pay disability income benefits to her during the period of her part-time employment?
Explain the concept of corporate social responsibility : Comment on Gates' creative capitalism. Explain the concept of corporate social responsibility using two examples of socially responsible companies.
Prepare a direct labor budget by quarters : For Gundy Company, units to be produced are 5,150 in quarter 1 and 6,600 in quarter 2. Prepare a direct labor budget by quarters
Make a general journal for Candy Ltd for the year ended : Make a general journal template as per example below based on the information above, for Candy Ltd for the year ended 30 June 2021
By how much does the marketing survey change : The discount rate is 10 percent. By how much does the marketing survey change the expected net present value of the project

Reviews

Write a Review

Accounting Basics Questions & Answers

  What pitfalls did face

What pitfalls did he face? What result if he considered Mill, Kant, or the Front Page test? What would Mill and Kant say about decision not to tell the families

  What is the cost per equivalent unit for the month

A total of $202,400 in conversion costs were incurred in the department during the month. What is the cost per equivalent unit for the month

  Databases and data warehousing in an imc plan

Examine how databases and data warehouses are used to develop effective Customer Relationship Programs (CRM). In your discussion, interpret how the use of these tools can leverage the company's IMC Plan.

  What is the contribution margin per unit

A selling commission of 15% of the selling price is paid on each unit sold. What is the contribution margin per unit? Please explain

  Fletcher inc produces hair brushes the selling price is 20

fletcher inc. produces hair brushes. the selling price is 20 per unit and the variable costs are 8 per brush. fixed

  Tudor construction co which operates outside hueys normal

huey concrete co. pours concrete slabs for single-family dwellings. tudor construction co which operates outside hueys

  How much will phillips construction pay johnson electric

How much will Phillips Construction pay Johnson Electric each year

  The recent drop in airplane passengers resulted

Has the recent drop in airplane passengers resulted in better on-time performance? Before the recent economic downturn, one airline bragged that 92% of its flights were on time. A random sample of 165 flights completed this year reveals that 153 w..

  Which value chain function would include advertising costs?

Which of the following is not a cost driver of customer services costs? Which value chain function would include advertising costs? Which value chain function would include depreciation on transportation cost?

  Multiple-deliverable arrangement

Prepare the journal entry to record this transaction on December 31, 2014. Indicate how much (if any) revenue should be recognized on January 31, 2015, and for the year 2015.

  Sold a piece of equipment for cash of 5000 the equipment

the following transactions occurred during may the first month of operations for xyz company1. sold common stock to

  How the accounting equation relates to the components

Provide examples that show how the components of the accounting equation affect each other and how transactions affect the accounting equation.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd