What does COBRA status allow you to do? O apply for health insurance as an individual O add more people to your insurance plan O qualify for Medicare O stay on your employer's insurance plan after you lose your job
Q: What does the Affordable Care Act do? O requires all businesses to provide health insurance to their…
A: Affordable Care Act (ACA) is the comprehensive health care reform signed by Barrack Obama in March…
Q: What are the types of social insurance that provided by Saudi insurance companies?
A: Social insurance : There are some social issues or properties related to the welfare of the…
Q: Kindly assist. The advantages of group health insurance offered through the workplace include all…
A: Group Health Insurance: It is a medical insurance that covers a group of people, who are usually the…
Q: s it still beneficial for a person to have an insurance policy? Explain your answer in detail.
A: Insurance Policy - It is a written document between the insurer and policy holder. In which insurer…
Q: How can you encourage people to join health insurance scheme
A: Health insurance scheme is the scheme which is taken by an insured person for the coverage of health…
Q: Pros and cons of long-term care insurance. Discuss the pros and cons of long-term-care insurance.…
A: Long term care insurance: Long term care insurance means an insurance that pays those costs that…
Q: 4.. A. What are the main differences in the management of a defined benefit pension plan, compared…
A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…
Q: In what ways do healthcare benefits for retirees vary from pensions?
A: This question tells about healthcare benefits for retirees vary from pensions
Q: Which of the following statements regarding the Patient Protection and Affordable Care Act (ACA) is…
A: Patient Protection and Affordable Care Act:- On March 23, 2010, the first part of the comprehensive…
Q: Which of the following statements regarding workers’ compensation insurance is true? Group of…
A: Workers' compensation insurance provides compensation for injuries and disabilities sustained by an…
Q: what type of insurance would i need if i went to the hospital
A: Medical expenses mean those expenses which are incurred by the people for the medical treatment.
Q: How much life insurance does an individual need?
A: Meaning of life insurance:life insurance is nothing but a contract between insurance company and…
Q: e insurance company's compensation
A: Insurance compensation is the amount received by the insured from the insurance company for the…
Q: will suggest to someone, which is better to have a life insurance or non life ins
A: Insurance is very necessary to prevent the uncertainty and risk.
Q: If you will suggest to someone, which is better to have a life insurance or non life insurance
A: Non-life insurance is also known as general, property, and casualty insurance. It's any insurance…
Q: In the accounting for health care providers, what are third-party payors? Doctors who reduce fees…
A:
Q: Which one of the following child or dependent care expenses qualifies as an employment-related…
A: Qualified deductions are the eligible deductions which are listed by the taxation authorities. These…
Q: 2. What are the major factors involved in determining how much life insurance coverage a person or…
A: Life insurance is a contract in which an insurance company commits to pay a set sum following the…
Q: ways to increased health insurance coverage among the workforce
A: Health Insurance Coverage are the legal contracts in which the holder of the health insurance cover…
Q: Choose the response that accurately completes the following sentence. Člaiming the Child and…
A: One of the qualifications to the child dependent care credit is: In the case of married taxpayers,…
Q: Give two reasons why an individual in their 20s would need life insurance. Explain
A: Protesting the life from the risk of uncertainty, people generally take life insurance policy. Where…
Q: What does the affordable care act do for those not insured?
A: Affordable Care Act is a comprehensive healthcare reform which has been introduced from March, 2010,…
Q: In the accounting for health care providers, what are third-party payors?a. Doctors who reduce fees…
A: Third party payor's: Insurance companies and other groups.
Q: Which of the type of insurance pays benefits to workers who suffer an injury on the job? Select the…
A: Insurance is an agreement in which an individual or organization obtains financial security or…
Q: Would you be willing to forgo health insurance or a retirementplan for higher salary or wages? Why…
A: Insurance: Insurance can be defined as the contract between the insurer and the insured where the…
Q: Which of the following is not a self-employment voucher? A) ACCOUNTANT B) HAIRDRESSER C) DOCTOR…
A: Self employment vouchers are the taxation applied on self employed professionals, barring a few…
Q: along dismemberment (AD&D) coverage with a principal sum equal to the basic term insurance benefit.…
A: Explanation:- Accidental death and dismemberment (AD&D) insurance is a type of security that…
Q: An application for an individual Disability Income policy may require all of he following…
A: Disability income policy is an insurance policy which protects the insured against loss of monthly…
Q: Sohar Aluminium is providing free housing and child education facilities to its employees.Identify…
A: The employers generally provides benefits to the employee in addition to basis salary with a view to…
Q: In pension planning, some people rely on the Social Security system fortheir entire retirement…
A: There are many types of benefit available for the employees after retirement. Two of them are…
Q: The risk of patients not paying their account balances resulting in bad debt expense is a reality…
A: Today, health care is very important concern in everyone's life .There are different types of…
Q: In the context of the health insurance and the life insurance, choose the sentence that IS NOT…
A: Health Insurance: Health insurance is a type of insurance that is taken to cover the medical costs…
Q: If a homeowner cannot get private home insurance, what are his/her choices for coverage? I. Surplus…
A: Surplus Carriers protects against a financial risk that is too high for a regular insurance company…
Q: What were your feelings about your need for life insurance before you read this chapter? What are…
A: Insurance is a means of mitigating risk. When you buy insurance, you are purchasing protection…
Q: 8. Which of the following is a characteristic of a defined benefit plan? Post-employment benefits…
A: 8. Defined benefit plan is a plan designed to assure the employee certain benefit after his…
Q: 1. In your own words, explain why it's so important to have health insurance even if you're young…
A: It is properly said that wellbeing is riches. Changing way of life propensities, expansion in…
Q: Why do you believe auto insurance companies provide premium relief?
A: Premium relief can be defined as the concession in premium rate offered by insurance companies to…
Q: medicaid is only for those under 65 who do not get Medicare? Can people have both Medicare and…
A: Medicaid is a way to get health care at a lower cost or sometimes at no cost to you. Medicaid is…
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- What does the Affordable Care Act do? O requires all businesses to provide health insurance to their employees O regulates the amount of co-pays O allows young adults to stay on their parents' insurance until the age of 26 O provides insurance for people over 65 2.Assume that you have calculated: (a) premiums for life insurance policies and (b) payments to annuitants based upon an assumption that everybody dies before attaining age 101. Now you discover that a significant number of your policy owners are likely to live beyond age 101 and some will live to age 121. How will that affect your business?Which of the followings is NOT correct about life insurance? O a. To meet an insured person's debts and other financial commitments in the event of death. O b. To provide a financial benefit to dependents upon premature death of an insured person. O C. To provide a sum of money if an insured person got a fire in his factory. O d. To pay for urgent medical expenses to save the life of an insured person if that is needed.
- What are some factors that go into calculating life insurance for a client? 0 ☐ Current life insurance death benefit amount (s) if any survivor income and resources Expenses to cover Life expectancy of survivor Life expectancy of contingent beneficiaryWhat is Social Security and what are some of the benefits/advantages? There are different types of beneficiaries. Name as many as you can. What age can you begin drawing for old age Benefits? What are some of the reasons that you may want to WAIT to begin drawing Social Security?Please add a source to the question. If you do want to elect COBRA coverage, what are some important considerations to make sure your health insurance coverage is not interrupted?
- Which of the following statements regarding the Patient Protection and Affordable Care Act (ACA) is true? Group of answer choices a. The ACA eliminates lifetime limits on total health care insurance payments by insurers. b. The ACA limits the total number of surgeries for the insurers. c. The ACA requires employers to reimburse the cost of hospital stays of the insured. d. The ACA decides the insurance payments for dependents. e. The ACA provides major medical insurance with low deductibles to protect against catastrophic illnesses.Isis quit her job at A Corp. While at A Corp., Isis was enrolled in their group health insurance plan. Now, Isis works for C Corp., which also has a group insurance plan. According to the Health Insurance Portability and Accountability Act, C Corp. must ______. a. pay A Corp. so that Isis can maintain her health insurance through A Corp b. wait to enroll Isis in C Corp.'s plan until she has been employed with the company for 1 year c. reimburse Isis for any out-of-pocket expenses she incurred while unemployed d. allow her to participate in the company group health insurance planWhy does group life insurance use a formula to determine the amount of insurance per employee?
- 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 insuranceWhat were your feelings about your need for life insurance before you read this chapter? What are they now? What is the difference between Term and whole life insurance? Which one do you prefer? and why?Sue is just learning about disability insurance. Which statements are true about disability insurance? I. Disability income insurance pays a monthly benefit in the event that Sue is unable to work as a result of an injury or an illness. II. Disability insurance under regular occupation is a policy that provides benefits if Sue is unable to perform the duties required by her regular occupation. III. Disability insurance under “any occupation” is a policy that provides benefits only if Sue cannot perform the duties of any job that fits her education and experience. IV. Indemnification is the insurance concept of putting Sue back into the same position that she was in prior to the injury or illness. I and II II , III, and IV All responses I, III, and IV I, II and III
