A primary beneficiary would be named for which of the followingtypes of Accident and Heallh policies?A.Travel AccidentB.Major MedicalC.Nursing HomeD.Business Overhead Expense
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A primary beneficiary would be named for which of the followingtypes of Accident and Heallh policies?A.Travel AccidentB.Major MedicalC.Nursing HomeD.Business Overhead Expense
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- ULIP has a component of Opions are health insurance, accident insurance life insurance liability insuranceActivities of daily living (ADLs) are important in determining _____ for long-term-care insurance. Group of answer choices a. type of care b. services covered c. the waiting period d. eligibility e. benefit durationDescribe the unique aspects of accounting for health care entities.
- Identify and describe the personal risk that is mitigated by the purchase of disability income insurance;The insurance Commissioner must approve which of the following types of insurance rates prior to their use: A. Fire B. Title C. Inland marine D. Workers Compensation Loss CostAn advance health directive that allows a person to control what medical treatment he or she may receive after a serious accident or illness is a. a health-care power of attorney. b. a constructive trust. c. a durable power of attorney. d. a living will.
- Distinguish between normal and abnormal losses and explain.Which type of insurance is not deductible as self-employed health insurance? a. Long-term care insurance O b. Medical insurance Oc. Disability insurance Od. Dental insurance Oe. Spousal medical insuranceuge to or loss of a dwelling and personal property of of g protects the beneficiary against the financial aspects of a traffic accident. TUSS, damage, or injury. May result in either financial gain or financial loss. 24. Financial service used to protect against loss. 25. Completion Amount of money or other services to which you are entitled under the terms of your insurance policy. Complete each statement. 26. A(n) endorsement 27. The Premium is an attachment to existing insurance coverage. is the amount the insured pays for insurance coverage. 28. The amount the insured is responsible for paying when a claim is made is the deductible 29. The process of documenting a loss against an insurance policy is called filing a(n) Claim 30. depreciation is a decrease in the value of property as a result of age or wear and tear. 31. The replacement cost minus depreciation is known as actual cash value 32. All 50 states have financial responsibility laws that require drivers to show proof of…
- Placing the insured in the same position financially as he or she or it was in immediately before the loss or damage took place. For this purpose, the insurance companies are: a. Paying compensation to the insured b. Paying commission to the insured c. Paying salaries to employees d. Paying commission to the agentsDefine the key elements of prospective payment and its impact on health care at a facility.Describe Due Professional Care
