In addition to the customer affairs department of the insurance company the insurance policy must identify which other following on the policy Name of the producer Current director of insurance Policyholder satisfaction rating for paying claims 4. Financial rating from a recognized financial rating service

In addition to the customer affairs department of the insurance company the insurance policy must identify which other following on the policy Name of the producer Current director of insurance Policyholder satisfaction rating for paying claims 4. Financial rating from a recognized financial rating service

Pfin (with Mindtap, 1 Term Printed Access Card) (mindtap Course List)

7th Edition

ISBN:9780357033609

Author:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk

Publisher:Randall Billingsley, Lawrence J. Gitman, Michael D. Joehnk

Chapter8: Insuring Your Life

Section: Chapter Questions

Problem 7FPE

See similar textbooks

Similar questions

Select 3 of the following EDI transactions that are processed in the format established by the Health Insurance Portability and Accountability Act (HIPAA) A Order management B Eligibility C Release of Information D Consent forms E Claims status F Payment and remittance advice
Please describe factors that influence the financial viability of a healthcare organization and discuss the major aspects of Medicare benefits? and how do legal and regulatory issues shape and define the good financial management of an HCO?
Summarize what any information related to financial planning and strategies in healthcare reimbursement
A type of managed care program in which the employer negotiates with health care providers, usually in a network, for discounts and services for health care coverage for employees is called a(n) O preferred provider organization health maintenance organization exclusive provider organization point of service organization
You received the latest payslip and income statement from your client. What information would you check to ensure it matches the client disclosures and follow the NCCP Act 2009 obligations?
Why is financial ratio analysis crucial for understanding the financial position of a healthcare organization? Select any three of the commonly used financial ratios, provide the formula, and briefly explain what it tells us about the status of the healthcare facility.
Describe the accounting treatment
Define the key elements of prospective payment and its impact on health care at a facility.
The duties of an agent when filling out an application include all of the following EXCEPT: A: Make sure all required signatures are collected B: Help the insured make up creative answers to stretch the truth about a past health issue to get the best possible coverage C: To have all parties on the application initial any and all changes D: To make sure that the insured answers all questions to their best knowledge and belief
With regard to ratings agencies, explain the external agency rating process.