Coralie owns a chain of trendy cafs with staff of over 50 employees. One of the...
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Coralie owns a chain of trendy cafés with staff of over 50 employees. One of the perks she offers her employees is a group benefits plan, At renewal time for the group plan Corale is surprised by the increase in the new premium for her plan She is informed that the increase in premium is due to a relatively high claims experience. Coralie asks her group advisor why her claims experience may have been so high. Which of the following factors would lead to a higher likely clams experience? narrow coverage relative to other plans higher maximum benetits relative to other plans imited definitions of covered events relatue to other plans higher deductibles relacive to other plant 10 8888 Coralie owns a chain of trendy cafés with staff of over 50 employees. One of the perks she offers her employees is a group benefits plan, At renewal time for the group plan Corale is surprised by the increase in the new premium for her plan She is informed that the increase in premium is due to a relatively high claims experience. Coralie asks her group advisor why her claims experience may have been so high. Which of the following factors would lead to a higher likely clams experience? narrow coverage relative to other plans higher maximum benetits relative to other plans imited definitions of covered events relatue to other plans higher deductibles relacive to other plant 10 8888
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Correct answer B Explanation Option A is wrong Narrow coverage basically means that there will a sma... View the full answer
Related Book For
Entrepreneurship Successfully Launching New Ventures
ISBN: 978-0133797190
5th edition
Authors: Bruce R. Barringer, R. Duane Ireland
Posted Date:
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