What is the difference between hospital indemnity insurance and hospital expense insurance? Which is the preferred coverage?

Question:

What is the difference between hospital indemnity insurance and hospital expense insurance? Which is the preferred coverage? Explain why.

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

Step by Step Answer:

Related Book For book-img-for-question

Personal Finance An Integrated Planning Approach

ISBN: 978-0136063032

8th edition

Authors: Ralph R Frasca

See More Books

Question Posted: Mar 19, 2015 10:46 AM

See More Questions

Explain what a panel is. What is the difference between purchase panels and media panels?
What is the difference between efficiency and equity? Why do government policymakers often face a trade-off between efficiency and equity?
What is the difference between resident set management and page replacement policy?
You have this information r*=2.5%, inflation premium =3%, default risk premium=3.5%, liquidity premium =2% and maturity risk premium =1.5%.What is the treasury bill rate?
For the data in Exercise 1, In Exercise 1 A student takes a census of her statistics class and finds that of the 120 students in the class, 25 were born in winter, 35 in spring, 32 in summer, and 28...
Give two reasons why KH(IO3)2 is preferred over benzoic acid as a primary standard for a 0.010 M NaOH solution.
If the RANS equation (17.5) is subtracted from the unaveraged $\mathrm{N}-\mathrm{S}$ equation (17.1), we obtain the following equation for the perturbation velocity:...
A company wants to develop a level production plan for a family of products. The opening inventory is 550 units, and a decrease to 200 units is expected by the end of the plan. The demand for each of...
A firm has forecasted sales of $4,000 in January, $6,000 in February, and $5,500 in March. All sales are on credit. 40% is collected the month of sale and the remainder the following month. How much...
Calculate Z, HR, and sR by the Soave/Redlich/Kwong equation for the substance and conditions given by one of the parts of Pb. 6.14, and compare results with values found from suitable generalized...
What kinds of insurance provide protection against the financial consequences of illness and injury?
Suppose you have $5,000 of health care expenses that are not covered by your basic health insurance. You have a major medical policy with $500 deductible and 20 percent coinsurance. What are your...
The balance sheet items of The Soda Shop (arranged in alphabetical order) were as follows at the close of business on September 30, 2021. The transactions occurring during the first week of October...
The following table is for the new Canadian province of Bobaloo for 2021. Working age population 500 Number of people in full-time employment 160 Number of people in part-time employment 65 Number of...
Jet Boats Inc. just completed their transition to a corporation and wanted to make sure the employees understand the financial information they plan to release to shareholders. One key aspect of this...
How did the invention of the printing press change publishing? briefly explain.
Mabel has a RRIF that was funded from her RRSP in which Maybelle, Mabel's daughter, is named as beneficiary. Mabel is an experienced investor and has acquired a portfolio of stocks and bonds in the...
Prepare vegetable, fruit, egg and farinaceous dishes Written Test Assessment To confirm food production requirements what documents we use in hospitality?
Rachel Schurtz is a high school English teacher. In her spare time, she likes to make her own body lotion, lip gloss, and bath and shower gel. She uses the bath products herself and gives them to her...
What is the difference between adsorption and absorption?
Is it fair to try a defendant in absentia? What are some possible alternatives?
What is average propensity to consume? Is it possible for two people with very different incomes to have the same average propensity to consume? Why?
Discuss the various forms in which wealth can be accumulated.
What is the role of money in setting financial goals? What is the relationship of money to utility?
A Cost-plus a fixed fee with a guaranteed maximum price project has a maximum price of $5,000,000 that includes a contractor's fixed fee of $250,000. Savings will be split 50/50 between owner and...
The American Nurses Association's (ANA) Standards of Practice does not allow the LPN/LVN to work independently; rather they practice under the supervision of an RN. The nursing process is used in the...
The Circle R golf pro shop uses a markup rate of 3 9 % on a set of Tour Pro golf clubs that costs the shop $ 2 1 0 . What is the selling price?

What is the difference between hospital indemnity insurance and hospital expense insurance? Which is the preferred coverage?

Question:

Step by Step Answer:

Hospital indemnity insurance provides a specified dolla...View the full answer

Personal Finance An Integrated Planning Approach

Students also viewed these Business Law questions