Question: A deductible is A . A nominal fee for the use of an insurer's services. B . A specified dollar amount that the insured must

A deductible is
A. A nominal fee for the use of an insurer's services.
B. A specified dollar amount that the insured must pay first before the insurance company will pay the policy benefits.
C. A percentage of the medical bill the insured must pay before services will be rendered.
D. An insurer's obligation to the service provider.
A deductible is A . A nominal fee for the use of

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

Q:

In the circuit of Fig. 5.59 , calculate v o of v s = 2 V. 8 k2 2 k2 4 k2 4 k2 Vo Vs (+I) + I

Q:

Q1. review case study #1 Understanding Your Employee Benefits: Investing in your Retirement found on page 123 of your textbook. Please post your answers to the two questions found at the end of the...

Q:

1)Criminal law differs from tort law in that a. Criminal law involves a public wrong b. Tort law protects the public c. Tort law protects the public d. Criminal law compensate the injured party's...

Q:

I was instructed to complete figure 3-1 (sample managed care plan contract) locate Attachment 10 - Scope of services and review the provisions. Using the Sample managed care plan quick referencing...

Q:

Where are the GAAP issues within the attached Notes and Financial Statements? Client Acceptance and Planning Using the client's notes to the financial statements, determine what issues relating to...

Q:

Client Acceptance and Planning Using the clients notes to the financial statements, determine what issues relating to GAAP to which the predecessor auditor may be referring. ABC, Inc. NOTES TO...

Q:

Step 1:Read UberPricing Strategies and Marketing Communications Step 2:Answer the following questions in a discussion How did Uber achieve its present position? (e.g., How are users recruited? What...

Q:

G i v ecorrec t an s w ers , t hank s . NATIONAL FEDERATION OF INDEPENDENT BUSINESS et al. v. SEBELIUS, SECRETARY OF HEALTH AND HUMAN SERVICES, et al. certiorari to the united states court of appeals...

Q:

ACCOUNTING SOCIETY Part One Requirements Record the July transactions in the general journal (last section of this practice set) using the following events. Skip a line between each entry and number...

Q:

Choose the best answer. 13. A specified dollar amount that the patient must pay annually before an insurance plan begins covering health care costs is called: a. coinsurance. b. copayment. c....

Q:

insurance 240 king saud uni ( ksu ) just the T or F questions CH 15 Health Care and Individual Health Insurance QUESTION one ( Multiple choice) 1- Hospital expense coverage is written a) Only on an...

Q:

NB: REFERENCES MUST BE ADDED AND DOCUMENTED AT THE END NB: TYPE IT NB: NO PLAGIARISM TOPIC: CONSTRUCTION OF A SMART LOCK FOR HOME AND WORK PLACES USING ARDUINO WITH WIFI AND A BIOMETRIC SYSTEM...

Q:

Huron LTD has the following capital structure: Bonds $12,000,000 Preferred shares 3,000,000 Common shares 32,000,000 Retained earnings 8,000,000 $55,000,000 The existing bonds have a coupon rate of 8...

Q:

1. What are accounts?

Q:

A particle is moving in three dimensions and its position vector is given by; r(t) = (4, 4t + 2, 3t)i + (4, 5t - 2, 3)2 + (3, 3t + 3, 1t)k where r is in meters and t is in seconds. Determine the...