Explain how the amount of your deductible is likely to affect the amount of your premium.

Answers

Answer 1

Answer:

See below

Explanation:

A deductible is an amount you upfront to a health insurance provider before insurance coverage can begin. The insurance company will not pay for health care services before the deductible is paid.

There is an indirect relationship between the amount of deductible paid and the premiums to be paid. When the deductible amount is high, the insurance premiums are low.

If the insurance policy has a low deductible requirement, the insurance premiums will be high.


Related Questions

A specific parcel of real estate has a market value of $160,000 and is assessed for tax purposes at 75% of market value. The tax rate for the county in which the property is located is 4%. The tax bill will be

Answers

Answer:

$4,800

Explanation:

property taxes are calculated using the assessed value, in this case the county will use $160,000 x 75% = $120,000

if the tax rate is 4% of assessed value, then the total property tax bill = $120,000 x 4% = $4,800

Generally, property taxes are collected by counties or municipal governments and they are used to fund school districts, libraries, fire departments, parks, etc.

A monopolist sells to tourists who have demand p1 = 14 – q1 at a price of $8.00. Residents have demand p2 = 10 – q2. The firm implements an OPD pricing plan. What price should the monopolist charge to the residents?

Answers

Answer:

Price charge to the residents = $4

Explanation:

Given:

p1 = 14 – q1 at a price of $8.00

p2 = 10 – q2

Find:

Price charge to the residents

Computation:

p1 = 14 – q1 at a price of $8

8 = 14 – q1

q1 = 6

In OPD q1 = q2

So,

p2 = 10 – q2

p2 = 10 – 6

p2 = $4

Price charge to the residents = $4

Your beginning inventory was $46,000, your ending inventory is $37,000, your cost of goods sold was $19,000. How much were your purchases?

Answers

Answer:

$9000

Explanation: Because 46,000 minus 37,000 equals 9000.

Which group of words bet describes wants?

Answers

Answer:

unlimited, changing, and competing

Explanation:

A consumer magazine has contacted a simple random sample of 58 owners of a certain model of automobile and asked each owner how many defects had to be corrected within the first 2 months of ownership. The average number of defects was 4.9 with a sample standard deviation of 2.1 defects. Construct the 90% confidence interval for the population mean.

Answers

Answer:

(4.439 ; 5.361)

Explanation:

Given :

Confidence level = 90%

α = (1 - 0.9) / 2 = 0.05

Sample size (n) = 58

Degree of freedom (df) = n - 1 = 58 - 1 = 57

Mean number of defect (m) = 4.9

Standard deviation (s) = 2.1

m ± t0.05, 57 * (s /√n)

t0.05, 57 = 1.672029 (t value calculator)

4.9 ± 1.672 * (2.1 /√58)

4.9 ± 0.4610431

4.9 - 0.4610431 ; 4.9 + 0.4610431

(4.4389569 ; 5.3610431)

(4.439 ; 5.361)

if your salary is $42,000 and your federal income taxes are 10% of your salary, how much money will you owe this year in federal taxes? assume you have no deductions.

Answers

Answer:

Your taxes are estimated at -$5,925.

Step-By-Step Explanation:

This is 0% of your total income of $42,000. 0% would also be your average tax rate. Your income puts you in the 12% tax bracket. At higher incomes many deductions and many credits are phased out. This increases your tax bill and your marginal tax rate. With these phase outs, adding $1,000 to your income would result in a -15% marginal tax rate.

*ECONOMICS* please help
thank you to whoever answers

Answers

Answer:

I think B

Explanation:

I don't know much about economics, but don't you need to have decent credit to take a loan (borrow) from the bank?

explain neck/ back pain and ways to help.

Answers

Answer:

Apply ice for the first few days.

Take OTC pain relievers, like ibuprofen

Take a few days off from sports, activities that aggravate your symptoms, and heavy lifting.

Use good posture.

Explanation:

Use a back brace or pain patches that can help and I feel like neck and back pain happens when u put too much stress in those areas which can cause the pain you are feeling

Health benefits are an example of ____ income.

Labor
rental
interest
non of the above

Answers

Health benefits are an example of interest income.
Interest income . Brainliest plss

In the ________, the perfectly competitive firm will react to losses by __________________________ .

Answers

Answer:

Lon run, Increasing it's Production

Explanation:

I majored in Business

What function of management uses the ability to look at how a plan has been implemented and
reflects upon how things could be improved?

Implementing
Controlling
Strategic
Mixed

Answers

Answer:

Controlling

Explanation:

Controlling is among the major functions of management.  As a management function, controlling means taking measures to ensure subordinates are working according to plan. It is verifying that all activities are in line with the given instructions and guidelines. Controlling ensures the business is on the right path to achieving its objectives.

Management has to control how the organization’s resources are used. They have to ensure effective & efficient use of resources to achieve predetermined goals.

If bids on keywords in a bid strategy are manually overwritten, how long will it take for the bid strategy to resume bidding on those keywords

Answers

Answer: 24 hours

Explanation:

When the max CPC is manually overriden, the new max CPC will remain for 24hours, this would make the search Ads 360 optimization system not to update the max CPC during this time. After 24hours margin, the search Ads 360 will resume optimizing your bids inorder to meet the goals of bid strategy in turn starts the max CPC manually.

What can Lena do to avoid the risk of having short supplies in times of need?

Lena works in an artificial jewelry-manufacturing unit. It is a family run business and they have been depending on a single supplier for years. As Lena is a proactive person, she can avoid the risk of being in short supplies of raw material by keeping a (blank) supplier for every one main supplier.

Answers

Answer:

backup

Explanation:

The correct answer is "Backup"

Publicity is part of a company's
ООО
product mix.
promotion mix.
sales promotion.
advertising mix.

Answers

Answer:

Promotion mix.

Explanation:

A promotional mix is a blend of different marketing approaches that a business uses to reach out to many and diverse customers. Using the right variety of marketing activities ensures the achieve its targets of creating awareness and maximizing sales.

Marketers select a promotional mix that assists a business stand out from its competitors and drive sales. The components of a promotions mix consist of advertising, direct selling, sales, promotion, Public relations, and many others.

List three security measures businesses can use to help safeguard information stored in the computer systems

Answers

Answer:

First of all, a company should establish policies that require strong passwords. it is also necessary to establish policies requiring periodic updates. Another strong security measure is to set up a firewall that helps to control data traffic, both incoming and outgoing. Antiviruses are necessary. Private users need them as well as businesses.

"capital" investment is the major basic component of a business operation. "justify"this statement with examples ​

Answers

Answer:

See below

Explanation:

Capital investment is the sourcing of funds for business expansion and growth. It involves acquiring money to finance long term projects or assets that will add value to a business for many years.

Through capital investments, a business acquires assets used in producing goods or the provision of services. It enables a company to upgrade, expand, or diversify to meet customer demands or react to market changes.  

Capital investment has been useful to businesses in many ways. For example

1. When labor or the costs of doing business becomes costly in one country, a company may need to relocate to a country with more favorable conditions. It requires heavy financing to relocate. Capital investments make such moves possible.

2. With the advent of technological advancement, companies need to invest in new technology to remain competitive. Capital investments help a business acquire modern technology and remain in operations.

A lender offers an investor a maximum 85% LTV loan on the appraised value of a property. If the investor pays $160,000 for the property how much will the investor have to pay as a down payment

Answers

Answer:

the amount that have to pay as a down payment is $24,000

Explanation:

The computation of the down payment is as follows;

Loan = LTV ratio × price

And, the down payment is

= Price - loan

So, the loan is

= 85% × $160,000

= $136,000

Now the down payment is

= $160,000 - $136,000

= $24,000

Hence, the amount that have to pay as a down payment is $24,000

What does the phrase high risk = High reward mean when it comes to investing?

Answers

Answer: The phrase “higher risk, higher reward” is used in the general sense to set ratios between riskier stocks and more stable bonds and cash holdings. Investors adjust their risk according to their station in life.

Explanation:

What are some of the benefits using a financial institution like a bank or a credit union

Answers

Answer:

They keep money safe and stable. However, Investing in the stock market is also another option, with the opportunity to make large gains with you money, with more risk of course.

Explanation:

Any recommendations of how to convince my parents to get me a dog?

Answers

Answer:

ok so u have to get a pet rock first u name it u take it out to go to the bathroom and everything u would do with a dog and it shows your parents you're ready for one u have to show them that u know how to take care of one first

Explanation:plz mark me branlyiest this worked for me so yea hope it helped

You have a client whose business uses accrual-basis invoicing and accounts receivable workflow. They use the Banking screen to enter a deposit for a payment check, which they post manually to an income account. What problems will this cause?

Answers

Answer:

The amount of trade receivables is completely inaccurate. Another such explanation is provided below.

Explanation:

Transactions were mostly automatically transferred to purchase orders unless the alternative of automatically determine disbursements would be allowed to select throughout the classification of transaction. Whenever a financial institution screen was being used to transcribe the client's compensation, the deferred revenue balancing act would then demonstrate an inaccurate equilibrium but mostly generate a duplicate earnings entry throughout the accrual basis.

what describes initial public offering?

Answers

Answer:

refers to the process of offering shares of a private corporation to the public in a new stock issuance. Public share issuance allows a company to raise capital from public investors.

Explanation:

You plan to make a series of deposits in an interest-bearing account. You will deposit $1,000 today, $2,000 in 2 years, and $8,000 in 5 years. If you withdraw $3,000 in 3 years and $5,000 in 7 years, how much will you have after eight years if the interest rate is 9%?

Answers

Answer:

$5,641

Explanation:

DEPOSIT NOW  

$1000 * FVIF 9%,8 PERIODS

= $1000 * 1.9926

= $1992.6

IN 2 YEARS

= $2000 * FVIF 9%,6 PERIODS

= $2000 * 1.6771

= $3354.20

IN 5 YEARS

= $8000 * FVIF 9%, 3 PERIODS

= $8000*1.2950

= $10360

WITHDRAWAL: IN 3 YEARS

= ($3000) * FVIF 9%, 5 PERIODS

= ($3000) * 1.5386

= ($4615.80)

IN 7 YEARS

= ($5000) * FVIF 9%, 1 PERIOD

= ($5000) * 1.0900

= ($5450)

Total value = $1992.6  + $3354.20 + $10360  - $4615.80 - $5450

Total value = $5,641

So, the total future value after eight years is $5,641

All funds entrusted to a licensee on behalf of another party in the practice of real estate are by definition ______.

Answers

Answer:

Trust funds.

Explanation:

An agency can be defined as a mutual relationship existing between two parties, wherein a principal authorizes the agent to act as the principal's representative or on his behalf (fiduciary role) in dealing with third parties.

All funds entrusted to a licensee on behalf of another party in the practice of real estate are by definition known as trust funds.

This ultimately implies that, the legal entity or real estate agent (trustee or licensee) would, d be held responsible for the losses, legal claims and damages incurred by the owner of the property (beneficiary), whether or not the agent's actions were authorized or unauthorized by the principal.

Hence, a trustee is liable for acts or contracts entered into by an agent when he or she gives an agent either actual authority (power of attorney) or apparent authority.

When Leanne gave her presentation to the BigDeal buying center team, she focused on answering Beverly's questions, since she is the decision maker. What type of buying center does BigDeal employ

Answers

Answer:

D.autocratic

Explanation:

These are the options for the question

A. democraticB. consultativeC. consensusD.autocraticE. authoritative

from the question,We were informed about instance of when Leanne gave her presentation to the BigDeal buying center team, she focused on answering Beverly's questions, since she is the decision maker. Type of buying center BigDeal employ is autocratic.

In autocratic the decision is made by one person alone, though multiple participants which are Democratic buying center could be available.

Saffron Industries most recent balance sheet reports total assets of $42,000,000, total liabilities of $16,000,000 and stockholders' equity of $26,000,000. Management is considering using $3,000,000 of excess cash to prepay $3,000,000 of outstanding bonds. What effect, if any, would prepaying the bonds have on the company's debt-to-equity ratio

Answers

Answer:

A) Prepaying the debt would cause the firm's debt-to-equity ratio to improve from .62 to .50.

Explanation:

The computation of the impact is as follows:

The Debt equity ratio is

= Total liabilities ÷ total equity

Now

Debt equity prior to payment is

= $16,000,000 ÷ $26,000,000

= 0.62

And,

Debt equity after payment is

= $13,000,000 ÷ $26,000,000

= 0.50

So here as we can see that the debt equity would be improved from 0.62 to 0.50

Therefore the correct option is a.

Chyou has heard that gas appliances are cheaper to use and can lower utility costs. She is interested in purchasing a new gas dryer to replace her electric dryer. Assuming that the dryer drys one load per day, use the following chart to determine how much Chyou will save each year in utility costs by purchasing the gas appliance.

Answers

Answer:

Its b 105.85

Explanation:

It just is break it down

Answer:

B.

Explanation:

Question 10 of 15 A tax-sheltered annuity is a special tax-favored retirement plan available to ACertain age groups only. BCertain groups depending on factors such as race, gender, and age. CCertain groups of employees only. DAnyone.

Answers

Answer:

C Certain groups of employees only

Explanation:

The tax sheltered annuity is a special tax regarding the retirement plan that available to a specific employees group only that engaged in non-profit, education, other 501c3 organization etc

So according to the given situation, the option C is correct as it fits to the situation

Therefore the other options are wrong

What kind of network might you have at home?
A.
LAN
B.
WAN
C.
Wireless
D.
Intranet

Answers

Answer:

d

Explanation:

intranet

D intranet

I know this because I am very smart

__________ utility is the benefit marketing provides by allowing the consumer to own, use, and enjoy the product.

Answers

Answer:

Possession

Explanation:

POSESSION UTILITY can be defined as the type of Utility in which a person derived a value for owning a product reason been that POSSESSION UTILITY give such person who purchased a product the right to own the product by enabling such person to possess the ownership of the product and to use the product . Example a person who purchased a car bought it for the purpose of driving it around which means that such person has the POSSESSION UTILITY to own the car , drive the car and enjoy the car thereby deriving a value for owning the car .

Other Questions
a DJ has a total of 1075 Explain how asexual reproduction works. what organisms undergo asexual reproduction? A fair, six-sided dice is thrown twice.What is the probability that a 1 is thrown on both occasions? What is a Constant? In a scientific form Help Please The product of a number and -7 is greater than 42 HELP PLEASE (if you want)In an informational article, what supports the thesis statement A. General information from sources like Wikipedia B. Facts, details, and explanations relatedC. Personal experience of the authorD. The opinion of a non-expert Pleaseeeeeeee!!!!!!! Which side of the political spectrum do liberals fall on? Conservatives? Republicans? Democrats? Which of these groups share similar characteristics? Question 1Refer to the U.S. Department of Energy's "Guide to Renewable Energy."Part AWhich inference can be made from the text?Most renewable energy systems are all the same.Renewable energy is the best way to fight climate change.Renewable energy systems are for private homes only.Making your home energy efficient is good for your finances.Question 2Part BWhich evidence from the text best supports the answer in Part A?"Geothermal heat pumps are one of the most efficient ways to heat and cool your home.""Wind turbines use the motion of the wind to turn a shaft attached to a generator, which makes electricity.""Homeowners can save money by making their homes as energy-efficient as possible.""Solar energy can generate all or some of a homes electricity needs." What is cos 63? Round your answer to the nearest hundredth.A. 0.89B. 0.45C. 0.17D. 1.96 Middle School has 700 students. 70% of its students are remotelearners. How many students are remote learners? In your opinion, were the compromises that the state mode in the constitution fair? If you had to make those compromises today, would you change them. Plsss help!!!!! g It has been proposed that integrin proteins undergo conformational changes when they bind to small molecules diffusing into the extracellular matrix. Because integrins are transmembrane proteins, a change in their conformation can be transmitted across the membrane to the portion of the protein that interacts with intracellular structures. What biological role does this allow integrins to play in a cell's function within a multicellular organism What is clock in Spanish? When unwanted behavior is repeated, or there is an intent to harm or an imbalance of power, it is_____ Reba used 12 centimeters of tape to wrap 3 presents.How much tape will Reba need in all if she has wrap 6 presents? Which statement accurately describes the vector shown?magnitude of StartRoot 11 EndRoot and direction angle equal to approximately 40magnitude of StartRoot 11 EndRoot and direction angle equal to approximately 50magnitude of StartRoot 61 EndRoot and direction angle equal to approximately 40magnitude of StartRoot 61 EndRoot and direction angle equal to approximately 50 What is m identify the main them of i have a dream martin luther king , ill mark brainlist !