Describe how a typical risk pool works.
Question:
Describe how a typical risk pool works.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 0% (1 review)
A typical risk pool is a mechanism used in insurance to spread the risk of potential losses among a group of policyholders Heres how it generally work...View the full answer
Answered By
Muhammad Rehan
Enjoy testing and can find bugs easily and help improve the product quality.
4.70+
10+ Reviews
10+ Question Solved
Related Book For
Understanding Healthcare Financial Management
ISBN: 9781567932645
5th Edition
Authors: Louis C. Gapenski
Question Posted:
Students also viewed these Business questions
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
(a) Explain how a limit worth may be tended to at run-time, both in a syntaxtree middle person and in collected code. What is the importance word "settled" already? [3 marks] (b) Give a model program...
-
(a) Use the following text to derive distributions for rat and chased. Use a five-word window, including open- and closed- class words, ignore case, punctuation and sentence boundaries and weight...
-
Lucy has just been promoted to a managerial position and given a new office. She is very fond of small Persian carpets and Native American paintings and wants to get some carpets and paintings for...
-
Dorben Co. provides a 10% allowance for its operators. A work sampling study of one operator over an 8-hr shift yields the following data. Average rated performance is 110%. a. What is the observed...
-
Amita wants to make monthly deposits of $200 into a savings account that offers 1.5% interest compounded monthly. Use the future balance of a periodic investment formula from Example 3 to determine...
-
A car rental agency has 19 compact cars and 12 intermediate-size cars. If four of the cars are randomly selected for a safety check, what is the probability of getting two of each kind?
-
Marriott International, Inc., and Wyndham Worldwide Corporation are two major owners and managers of lodging and resort properties in the United States. Abstracted income statement information for...
-
1. Construct a truth table for the following: a. out x'yz +(xyz)' b. out (x+z')(x+y')(y+z) 2. Simplify the following functional expressions using Boolean algebra and its identities. List the identity...
-
Can a delivery system with multiple providers have more than one risk pool? Explain your answer.
-
What is the purpose of a risk pool?
-
This standard is set at a level that could be achieved if everything ran perfectly. A. Ideal standard B. Attainable standard C. Unattainable standard D. Variance from standard
-
The University of Ottawa has just launched a new program specifically targeting those with an interest in coding. Demand for this program is huge, with significant interest amongst both potential...
-
Read and research about networking skills related to business. Discuss what you believe to be your 2 top networking skills. What skills would you like to acquire or enhance to help your business...
-
Key Skills are needed to have meaningful discussions with potential customers to better define and understand their needs. Identify one of these skills. Explain what it means and why it is important.
-
Using Facebook to do customer behavior analysis, Based on information gathered and their industry research, develop specific recommendations to add value to through integration of the customer value...
-
Analyze and evaluate a bloated government agency based on written case study. 1. Alternative Courses of Action - Decision Matrix 2. Conclusion/ Recommendation 3. Plan of Action answer 1 2 3 and below...
-
The Mixing Department manager of Malone Company is able to control all overhead costs except rent, property taxes, and salaries. Budgeted monthly overhead costs for the Mixing Department, in...
-
A number of years ago the United Food and Commercial Workers Union organized 800 workers of the 1035 employees at one of the Wilson Brothers food operations in Toronto, Ontario. The employees include...
-
How can this cost be estimated?
-
Is there a cost of equity for not-for-profit businesses?
-
How would you choose among widely different estimates of R(Re)?
-
What does the absence of commercial bank interest in providing project finance for Yangibana suggest?
-
A pair of boots with a rate of markup on cost of 30$ gave the retailer a markup of $14.5. what was the cost?
-
A $16,000 loan is taken out and will be repaid over an amortization period of 17 years. The loan repayments are made on a SEMI-ANNUAL basis (not monthly). The rate of interest charged on the loan is...
Study smarter with the SolutionInn App