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FIN 426 Week 5 Homework Assignment Updated

  • FIN 426 Week 5 Homework Assignment Updated
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FIN 426 Week 5 Homework Assignment Updated

3. List the four definitions of disabilitythat may be found in disability income contracts. Which is the most beneficial to the insured? Which is the narrowest form of coverage?
 
6. Briefly describe the two ways that coverage for partial disability may be provided in disability income insurance.
 
7.Identify and briefly describe three optional benefits that may be included in disability income policies.
 
4.Briefly describe the distinguishing characteristics of a comprehensive major medical policy.
 
6.Briefly describe the distinguishing characteristics of a health maintenance organization (HMO). How does an HMO differ from the other insurers operating in the health insurance field?
 
2.Explain the relationship between Medicare and employer-provided health insurance for employees who are age 65 and over.
 
3. Describe the changes in Medicare that were enacted as Part C, Medicare Advantage. In what fundamental way does Medicare Advantage differ from the coverage under the traditional Medicare program?

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