1. Explain the policy provisions as they relate to deductibles, co-insurance, and internal limits. 2. How much...

Question:

1. Explain the policy provisions as they relate to deductibles, co-insurance, and internal limits.

2. How much should Zach recover from the insurance company? How much must he pay out of his own pocket?

3. Would any other policies have offered Zach additional protection? What about his inability to work while recovering from his injury?

4. Based on the information presented, how would you assess Zach’s health care insurance coverage? Explain.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Personal Financial Planning

ISBN: 978-1111971632

13th edition

Authors: Lawrence J. Gitman, Michael D. Joehnk, Randy Billingsley

See More Books

Question Posted: Feb 13, 2015 09:34 AM

See More Questions

Explain the following terms as they relate to bonds: a. Effective rate of interest b. Coupon rate c. Maturity date d. Proceeds e. Face value
Explain the following terms as they relate to online advertising: a) Impressions b) Clicks c) Click rate d) Visits.
Explain each of the following concepts as they relate to call options. a. Delta b. Gamma c. Rho d. Vega e. Theta
Assume that a company is going to invest 900,000 USD in a new project. We expect that the invested capital in the fixed assets will be fully depreciated within 3 years in a linear way. The project is...
The cylinder volume below the constant loaded piston has two compartments A and B filled with water. A has 0.5 kg at 200 kPa, 150oC and B has 400 kPa with a quality of 50% and a volume of 0.1 m3. The...
The trial balance before adjustment of Chloe Inc. shows the following balances: Instructions (a) Give the entry for bad debt expense for the current year assuming: 1. The allowance should be 4% of...
Confirm that the definition of the streamfunction given in the text satisfies the continuity equation. Use this in the N-S equation and derive the form for the $E^{4}$ operator in spherical...
Assume that both portfolios a and b are well diversified? that E(rA)=12% and E(rB)=9%. If the economy has only one factor and beta=1.2 whereas beta=.8, what must be the risk-free rate?
To properly distribute its fleet of patrol cars, the police collect data on the incidence of crime on residents for each sector of the region it serves. Each sector has 1,000 residents. Crimes by...
A standard deck of cards is being used to play a game. There are four suits (hearts, diamonds, clubs, and spades), each having 13 faces (ace, 2, 3, 4, 5, 6, 7, 8, 9, 10, jack, queen, and king),...
Assess your current health insurance situation. Do you have any health insurance now? What does your policy cover? What is excluded? Are there any gaps that you think need to be filled? Are there any...
1. How much, if any, additional disability income insurance does Roberto require to ensure adequate protection against his becoming completely disabled? Use Worksheet 9.2 to assess his needs. 2. Does...
Solve. x 1/2 - 4x 1/4 = -3
HD $10180 \mathrm{~g}$ orbits with a period of 600 days at a distance of 1.4 au from its star. What is the ratio of the star's mass to our sun's mass? In recent years, scientists have discovered...
a. Can the normal force on an object be directed horizontally? If not, why not? If so, provide an example. b. Can the normal force on an object be directed downward? If not, why not? If so, provide...
How much time does it take for the spacecraft to complete one orbit? A. $38 \mathrm{~min}$ B. $76 \mathrm{~min}$ C. $110 \mathrm{~min}$ D. $220 \mathrm{~min}$
A satellite orbiting the moon very near the surface has a period of $110 \mathrm{~min}$. Use this information, together with the radius of the moon from the table on the inside of the back cover,...
Two horizontal rods are each held up by vertical strings tied to their ends. Rod 1 has length $L$ and mass $M$; rod 2 has length $2 L$ and mass $2 M$. Each rod then has one of its supporting...
Go to www.finance.yahoo.com and download daily data on the Dow Jones Industrial Average (DJIA) since 1928. a. Sort the series from oldest to newest, present a time series plot of the Dow Jones...
Find the image of x = k = const under w = 1/z. Use formulas similar to those in Example 1. y| y = 0 -21 -2 -1 -1, /1 12 T -1 -1 y= -2 x =0
How can the changes be incorporated into an organization in the best possible manner?
Calculating credit card finance charge. Blake Miller recently received his monthly MasterCard bill for the period June 130, 2021, and wants to verify the monthly finance charge calculation, which is...
Justin Nichols recently graduated from college and is evaluating two credit cards. Card A has an annual fee of $75 and an interest rate of 9 percent. Card B has no annual fee and an interest rate of...
Joseph Simpson, a student at State College, has an average balance of $380 on his retail charge card; if the store levies a finance charge of 21 percent per year, how much monthly interest will be...
Describe the value chain analysis methods that a firm might utilize to identify strategies to enhance organizational capabilities.
Nurses are advocates for patients and must find a balance while delivering patient care. Discuss
The geriatric nurse cares for patients who are aging or suffering from conditions normally, Discuss?

1. Explain the policy provisions as they relate to deductibles, co-insurance, and internal limits. 2. How much...

Question:

Step by Step Answer:

1 The 3000 deductible feature means that the insurance will not cover the first 3000 of eligible expenses for the year or possibly for each illness or accident in which Zach is involved depending on t...View the full answer

Personal Financial Planning

Students also viewed these Corporate Finance questions