What is the difference between a co-payment and co-insurance?

a. Co-payment refers to two spouses paying for the same coverage, and co-insurance refers to
two spouses receiving the same benefits.

b. A co-payment is a flat fee for each service, and co-insurance is based on a percentage of the
costs incurred.

c. Co-payment is when a group of individuals work to cover each other's medical expenses, and
co-insurance is when an individual has multiple insurance policies from different companies.

d. A co-payment is when an employer helps an employee pay for insurance premiums, and co- insurance is when an employer helps an employee find better insurance than they could alone.

Answers

Answer 1

Answer:

(a.)

Co-payment refers to two spouses paying for the same coverage, and co-insurance refers to two spouses receiving the same benefits.

Answer 2

Your healthcare coverage plan includes two different types of cost-sharing provisions: copayments (copays) and coinsurance. Thus, statement 'A' (Co-payment refers to two spouses paying for the same coverage, and co-insurance refers to two spouses receiving the same benefits) is the correct statement.

What is the difference between a co-payment and co-insurance?

Before obtaining any additional services, a patient (who is insured) is expected to make a co-payment to a service provider, such as a health insurer (health maintenance organization, or HMO), for medical costs.

The amount that a patient (the insured) must pay for a claim or covered charge after a deductible has been met is known as co-insurance, and it is often stated as a percentage of the costs spent.

Your copays are set amounts that help offset the cost of medical care. Your estimated share of the cost of treatment is known as your coinsurance.

Therefore, option 'A' is the correct option.

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Related Questions

What are cover letters also called?
Letter of appreciation
Letter of preparation
Letter of anticipation
Letter of application

Answers

Answer:

A

Explanation:

because they are good

The lead of a screw is the distance that the screw advances in a straight line when the screw is turned 1 complete turn. If a screw is 2 inches long and has a lead of inch, how many complete turns would get it all the way into a piece of wood?

Answers

Answer:

20 turn

Explanation:

CHECK THE COMPLETE QUESTION BELOW

The lead of a screw is the distance that the screw advances in a straight line when the screw is turned 1 complete turn. If the screw is 2 1/2 inches long and has a lead of 1/8 inch, how many complete turns would get it all the way into a piece of wood?

From the question, the screw is 2 1/2 inches long which is the LENGTH , we can convert this to Fraction, which is called an improper fraction, by multiply the denominator (2) by the whole number(2) then add to the numerator (1) all over denominator= [(2×2)+1]/2 = 5/2

The number of turn= Lenght of the screw / lead of the screw

=( 5/2inch)/(1/8inch)

= 5/2 ÷1/8

5/2×8/1

=40/2

=20

Therefore, the complete turns it would get it all the way into a piece of wood is 20 turn

Max has a net spendable income of $1,700 per month. He has a new job and is looking for a new car. Max is trying to develop a budget for himself. Look at the following budget he has created. Which category should he adjust?

Percent Amount Budgeted Amount Spent Amount Over/Under Budget
Net Spendable Income 100% 1700
1. Housing (30% - 36%) 600
a. Mortgage (rent)
b. Taxes
c. Insurance
d. Electricity
e. Gas
f. Water
g. Telephone

h. Sanitation
i. Other
2. Food (12% - 17%) 320
3. Transportation (15% - 20%) 300
a. Car Payments
b. Gas/Oil

c. Insurance
d. License/Registration
e. Taxes
f. Maintenance/Repair
4. Insurance (3% - 7%)
a. Life
b. Medical
5. Debts (5% - 6%) 150
6. Entertainment (5% - 8%)
7. Clothing (5% - 6%)
8. Savings 5%
9. Medical Expenses (4% - 8%)
a. Doctor
b. Dental
c. Prescriptions
10. Miscellaneous (5% - 10%)
a. Toiletries
b. Beauty/Barber
c. Laundry/Clothing
d. Subscriptions
TOTALS:
A. transportation
B. debts
C. housing
D. food

Answers

Answer:

the answer is 3

Explanation:

4

Answer: food

Max’s food budget is higher than it should be. He should look at finding ways to save money there. While the amount of money spent dealing with debts is higher than it ought to be, Max cannot lower these payments.

Explanation:

From Plato


What is true in a market structure characterized by monopolistic competition?

A )single firm dominates the market and produces similar, but differentiated products.

B)single firm dominates the market and produces a single type of product.

C)Many firms operate in the market and produce similar, but differentiated products.

D)Many firms operate in the market and produce virtually identical products.

Answers

Answer:

C)Many firms operate in the market and produce similar, but differentiated products.

Explanation:

A monopolistic market structure has many firms competing for the same customers. Although the firms sell similar products, each tries to make their products different from the rest. Each firm can set its price because the products are differentiated. Other characteristics of monopolistic competition include

Freedom of entry and exit.There many sellers and buyersEach firm sets its product price

Ralph purchased 4 tires for his van for $539.16. What is the price per tire?

Answers

each tire is worth $134.79 :)

Answer:

134.79 per tire

Explanation:

divide the total by how many

What asset might a bank use as collateral for a mortgage?
A house
A boat
A vehicle
Jewelry

Answers

A house is the most common

Answer:

A. A house

Explanation:

A low credit score can lead too?

Answers

Answer:

Dept

you can loose errythang

no loans

Explanation:

[tex]\text{Hello There!}[/tex]

[tex]\text{A low credit score can lead to a number of things, such as:}[/tex]

Low eligibility rates for apartmentsHigh-interest ratesDifficulty applying for credit cards

[tex]\text{And many other issues can arise; which is why it's a good idea to have multiple credit cards.}[/tex]

[tex]\rule{300}{0.5}[/tex]


1. To begin to understand stocks, we have to know what companies sell stock. Define: What is a corporation?

Answers

Answer:

Here is a guide...

Explanation:

One place to find lists of index components or company stocks that make up an index is the website of the index maker. For example, you can find the list of company stocks included in the Nasdaq 100 by going to Nasdaq.com. Going straight to the primary source—the website of the index maker—is usually ideal.

Which career pathways involve high risk due to exposure to dangers?

Firefighters in the Emergency and Fire Management pathway, Correctional Officers in the Corrections pathway, and Detention Officers in the Law Enforcement pathway
Firefighters in the Emergency and Fire Management pathway, Detention Officers in the Corrections pathway, and Intelligence Analysts in the Security and Protective Services pathway
Intelligence Analysts in the Security and Protective Services pathway, Detention Officers in the Corrections pathway, and Police Officers in the Law Enforcement pathway
Firefighters in the Emergency and Fire Management pathway, Detention Officers in the Corrections pathway, and Police Officers in the Law Enforcement pathway

Answers

Answer:

Firefighters in the Emergency and Fire Management pathway, Correctional Officers in the Corrections pathway, and Detention Officers in the Law Enforcement pathway.

Explanation:

The career pathways that  involve high risk due to exposure to dangers is :

A) Firefighters in the Emergency and Fire Management pathway, Correctional Officers in the Corrections pathway, and Detention Officers in the Law Enforcement pathway.

"Career Pathways"

The career pathways that involve high risk due to exposure to dangers is:

Firefighters in the Emergency

Firefighters too give an critical part in teaching the open with respect to fire and security.

Instructing fire anticipation and teaching the open on how to reply in crisis circumstances can offer assistance spare lives.

Fire Management pathway

Candidates require a long time of work encounter in law requirement, fire security, or an crisis administration field.

Crisis administration executives ordinarily require a bachelor's degree

Correctional Officers in the Corrections pathway

Corrections officers may do a few or all of the taking after:

supervise prisoners' day by day schedule, which incorporates feast, work and amusement times. screen, evaluate and oversee the conduct and security of detainees watch jail buildings and grounds.

Detention Officers in the Law Enforcement pathway.

A detainment officer forms prisoners, keeps up imprison security, serves dinners, transports detainees, gets and forms detainees into care of educate, looks detainees, and takes charge of individual property and gives detainees with opportunity to call their lawyer or relative.

A Career Pathway traces the positions, compensation, and preparing required to development in an industry.

Thus, the correct answer is A.

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5. Which of the following statements is true about credits?
a) Credits show an increase in what a company owns or a decrease in what it owes.
b) A credit to an asset account shows a decrease.
c) A credit to a liability account shows an increase.
d) Credits show a decrease in what a company owns or an increase in what it owes.

Answers

Answer:

c) A credit to a liability account shows an increase.

A good credit rating will cause your mortgage interest rate to be:
A. Higher
B.
Lower
C.
Fixed
D.
Variable
Reset
Next

Answers

The answer is B hope this helps

Answer:

B

Explanation:

If your credit rating is good it should be lowered, it makes sense.

Dera diamonds inc. is a premium jeweler. its clientele includes movie stars, politicians, businessmen, and popular socialites. it has a team of jewelry experts that designs jewelry for each of its clients from scratch. everything is made to meet the specific requirements of the clients, and no two jewelry pieces produced by this company has ever been identical. this is an example of

Answers

Answer:

customization

Explanation:

From the question we are informed about Dera diamonds inc. which is a premium jeweler. its clientele includes movie stars, politicians, businessmen, and popular socialites. it has a team of jewelry experts that designs jewelry for each of its clients from scratch. everything is made to meet the specific requirements of the clients, and no two jewelry pieces produced by this company has ever been identical. The case above is an example of customization. Customization in business is also regarded as "built-to-order" it involves the modification of products/goods to suit the personal specification or preference of the clients/customer, it is a way to deliver the product of the customer according to the specified requirements. It a business strategy and when done very well, it makes the clients to always patronize again.

Help What is regional economic integration?

Answers

Answer:

It can be best defined as an agreement between groups of countries in a geographical region, to reduce and ultimately remove tariff and non-tariff barriers to free the flow of goods, services and factors of production between each other.

A communication style is ____________________

Answers

Answer:

Communication styles are the broad ways in which people tend to communicate with others.

Explanation:

Answer:

Texting

Explanation:

Hector spent the last three months on a winter fishing boat in Alaska. He was doing research on population levels of fish for conservation efforts. Hector most likely works in

a.Plant Systems.
b.Agribusiness Systems.
c.Natural Resource Systems.
d.Environmental Service Systems

Answers

Answer:

a

Explanation:

Answer:

b

Explanation:

When an employer takes the time to explain a mistake you have made and provides suggestions for avoiding that same mistake in the future, the employer is offering _____.

constructive criticism
verbal warning
destructive criticism
discipline

Answers

Answer:

conatructive critcism

Explanation:

they are critisming you so you can do better

When you apply for a scholarship, you may have to write an application essay. Why?

Answers

It is a requisite to write an application essay when applying for a scholarship because it helped to explain how the applicant meets the requirement of the scholarship.

What is a school scholarship?

Either a college, high-school or other institution scholarship, it referred to the form of financial aid awarded to students to further education.

Most time, they are usually awarded based upon various criteria such as academic merit, diversity and inclusion, athletic skill, financial need etc.

Also, the scholarship criteria usually reflect the values and goals of the donor or founder of the award.

Hence, It is a requisite to write an application essay when applying for a scholarship because it helped to explain how the applicant meets the requirement of the scholarship.

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here is a riddle again

If you drop me I’m sure to crack, but give me a smile and I’ll always smile back. What am I?

Answers

Answer:

a mirror

Explanation:

What are three factors that affect price equilibrium and how does each factor affect it?

Answers


As you can see, an increase in demand causes the equilibrium price to rise. On the other hand, a decrease in demand causes the equilibrium price to fall. An increase in supply causes the equilibrium price to fall, while a decrease in supply causes the equilibrium price to rise.

What should you do before you approach a atm

Answers

Answer:

Try to use ATMs with which you are familiar. Choose well-lit, well-placed ATMs where you feel comfortable. If you need to use an ATM late at night, ask a friend to accompany you.

Before approaching the ATM, scan the surrounding area. Avoid the ATM altogether if it is too dark to see, isolated or looks unsafe. If there are bystanders loitering in the area, go to another machine or come back later.

Use your body to shield the screen and keypad before entering your PIN. Make sure other individuals in line stay a reasonable distance from you while you're performing your transaction.

why banks pay lower interest rates on savings accounts than on certificates of deposits.

Answers

Answer:

See below

Explanation:

Savings accounts are more common than certificates of deposits. Banks do not restrict customers on the number of withdrawal and deposits per period in a savings account. Banks consider savings account very liquid because a customer can withdraw their money anytime. Due to this reason, savings accounts attract low-interest rates.

Certificate of deposits, CDs have withdrawal restrictions. In this type of account, the customers agree to keep their money in the bank for a specified period. Banks offer a higher interest rate to encourage customers to keep their money in the account for the agreed duration.

pls help
Jory wants to create a diagram to compare and contrast the qualifications of the three Energy pathways. Which qualifications could she put in the section common to all three pathways?

a. physical stamina, willingness to work long hours, teamwork, stress-management skills
b. physical stamina, color vision, stress-management skills, knowledge of geography
c. color vision, willingness to work long hours, teamwork, customer-service skills
d. knowledge of geography, customer-service skills, teamwork, stress-management skills

Answers

Answer:

A: physical stamina, willingness to work long hours, teamwork, stress-management skills

Explanation:

the others don't make sense according to the notes I took, correct me if I'm wrong

Answer: A - physical stamina, willingness to work long hours, teamwork, stress-management skills

Explanation - It was correct on edge 2022

In 30 words or fewer, explain why it is important to write your personal information on an application.

Answers

It is important to write your personal information on an application to that they will have the correct information to contact you. It would be a good idea to leave your email or phone number on any application to make things more efficient and easy to reach you.

Amber showed up to the conference room five minutes before her presentation, which was to begin at 2 P.M. This was the first time she had been to conference room #9, and she assumed that it had a projector. Unfortunately, it didn't. After noticing this fact, she rushed to an adjacent room to borrow one. She was able to do so, and finished setting up her equipment at 2:15. She had to borrow a laptop as well, since the room did not have a computer. 1. Think carefully about what happened to Amber's presentation. In your estimation, what was her first mistake?

Answers

Answer:

She should have come earlier so that she could prepare for her presentation, and if she knew she needed specific equipment then she should have asked someone if the room had it.

Explanation:

So basically just not coming early and prepared.

How are college costs different based on the type and location of the school you choose as well as
your room and board arrangement?

Answers

Answer:

If you choose a private university, chances are your tuition is going way up. Prestigious university with accredited programs can also be a bit pricey. Same thing goes for Ivy league schools. Community colleges are relatively inexpensive anywhere you go. Universities in big cities often have a higher tuition if you're considering location. Room and board arrangements differ. If you choose to live on campus in a basic dorm the expense won't be too bad. Colleges could also have the option of off campus housing which is way more expensive and they have different rooms you can choose from. Meal plans are also included in room and board so that's something to consider.

Explanation:

If at a price of $24, Octavia sells 36 home-grown orchids and at $30 she sells 24 home-grown orchids. What is the change in quantity demanded?

Answers

Answer:

12

Explanation:

At the price of $24, the demand is 36

At the price of $30, the demand is 24

change in quantity demanded

= 36-24

= 12

What are stocks and mutual funds?

Answers

Answer:

Stocks are an investment in a single company, while mutual funds hold many investments — meaning potentially hundreds of stocks — in a single fund.

Which tab provides you options like inserting a table, inserting a shape, or adding Audio/Video?

Answers

Answer:

The insert tab

Explanation:

QUESTION 6 of 10: You own an art supply store and the total sales in your trading area equal $17,500. Your store accounts for $6,000 of the total. In this scenario, $6,000 refers to your: O a) Price per unit b) Balance sheet O c) Margin O d) Market share​

Answers

Answer:

In this case, the $6,000 refers to your sales. If expenses and returns were deducted it will be your net sales. Sales refers to the activity of selling an amount of goods or services to consumers who enter your storefront. The goal is to make sure your sales are greater than all of our expenses to make sure you are turning a profit each month.

Explanation:

Calculate the additional cash needed for the six months. When there is a cash shortfall (the shortfall/surplus cash calculation is less than zero), additional cash must be obtained from a loan to cover all of the monthly expenses. Therefore, additional cash needed is equal to any cash shortfall. It is zero if there is a cash surplus. The additional cash needed should be a positive number even though a shortfall will be a negative number in the model (row 26). [6 points]

Answers

Answer:

the numbers are missing, so I looked for a similar question:

Vince's Blinds will have cash receipts of​ $97,000 and cash disbursements of​ $108,000. If its beginning cash is​ $5,000 and its desired reserve is​ $2,000, what will be its shortfall in cash for the​ month?

You have to repeat the same procedure for the following months. The ending balance of month 1 becomes the beginning balance of month 2, and so on. For month 2 we can flip the cash receipts and disbursements:

                                                 Month 1       Month 2       Month 3

Beginning cash balance          $5,000        $2,000        $5,000

Cash receipts                          $97,000    $108,000           ....

Cash disbursements           ($108,000)    ($97,000)

Net balance                            ($6,000)       $13,000

Cash from loan                         $8,000      ($8,000)

Ending cash balance               $2,000        $5,000

Depending on the numbers that you have, you should be able to complete the 6 months and then just add the cash from loans.  

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