Please state how does health insurance relate to financial math. 2 paragraphs minimum.

Q: Identify how life insurance fund appears in the financial statements? a. The debit side of the…

A: Life Insurance Fund- It is a fund which helps the entity in making payment for its obligation which…

Q: Group of answer choices a. type of care

A: Grooming/personal hygiene, clothing, toileting/continence, transferring/ambulating, and eating are…

Q: What are some factors that go into calculating life insurance for a client? ☐ Current life insurance…

A: Life insurance is a financial contract designed to provide a measure of financial security to the…

Q: How does Medicare reimburse physician services?

A: Reimbursement is the process of paying back someone the expenses that they have incurred initially.…

Q: Compare whole-life and term insurance.

A: Insurance is a legal agreement between an insurer (insurance company) and an insured person.

Q: In accruing patient charges for the current month, which one of the following accounts should a…

A: The correct option  with proper explanation are as follows

Q: beneficiary of a life insurance policy is

A: Beneficiary of a life insurance policy is the person who receives money from the insurance company…

Q: eneral insurance policies are usually taken for :

A: General insurance is an insurance cover that compensates for any financial loss other than death,…

Q: IS' and IH' are income when sick and healthy, respectively, when covered with health insurance, Full…

A: Full insurance usually suitable for those companies and individuals with a highly risk-averse…

Q: Discuss SEVEN (7) factors affecting Life insurance premium. Please provide justification for each of…

A: Life insurance is a formal contract between the life insurance company as insurer and an individual…

Q: After the expiry of the policy period On the death of the insured or on the expiry of policy period…

A: Insurance means where insurance company agree to pay the specified amount to insured person in case…

Q: How does Medicare reimburse hospitals for inpatient stays?

A: Reimbursement of expenses is the process through which the out-of-pocket expenses are compensated by…

Q: 20. The written insurance document that may include all clauses, exception and conditions is called…

A: The written insurance document that may include all clauses, exception and conditions is called…

Q: Give the formula for computing a deduction for group health insuranc

A: Group health insurance policy can be defined as the policy which covers all employees of the…

Q: Please describe in a few sentences the purpose of having an insurance card.

A: An insurance card is a card that is issued to the health insurer for a period of one year or more…

Q: Give typing answer with explanation and conclusion to all parts Though limited, which of the…

A: Medicare is a federal health insurance program in the United States that provides coverage for…

Q: ULIP has a component of    Opions are health insurance,  accident insurance life insurance…

A: The insurance is the contract under which it promises to pay or indemnify the losses caused to the…

Q: What type of information is entered for insurance and why is insurance important?

A: Insurance is a way to protect oneself from financial loss. It is a type of risk management that is…

Q: hich type of insurance is not deductible as self-employed health insurance? a. Long-term care…

A: Deduction -Taxpayers have the option to itemize their deductions, which entails claiming deductions…

Q: The following is a "perquisites" Select one: O a. Medical allowance O b. Club membership

A: Perquisites are the additional benefits paid by the employer to the employee on his position or…

Q: Give three examples of : Liabilities in a Healthcare organization (name the organization you are…

A: We know that Liabilities are of two types Current Liabilities: These are the liabilities which are…

Q: You need what type of license to sell Health insurance? OP & C Security Life Health and Life

A: Health insurance is a type of insurance that helps one to cover medical expenses incurred due to…

Q: 19. is the document that acknowledge the insured legally entitled to receive the payment from the…

A: Insurance is a financial mechanism that protects an insured asset from various risks. There are many…

Q: Which of the following items is required by the Life Insurance and Annuity Replacement Rule? A. A…

A: The answer is stated below:

Q: Which of the following is an example of mandatory deduction?

A: Deductions are the amount of money which is made on the income or on the earnings of the employee…

Q: With respect to employer-sponsored health insurance plans, the amount of money a covered participant…

A: Insurance plans are made for taking medical benefits from the insurer company. Individual can take…

Q: Discuss in a report of , the following points:       1- Concept and types of insurance with a…

A: Insurance is basically a contract between two parties in which one party called insurance company…