Insurance

Bob’s employer covers 23% of his family’s annual health insurance premium. The balance of the premium is deducted in equal amounts from Bob’s paycheck 26 times over the calendar year. If $185.30 is... more

The owner of a grocery shop buys a policy to insure its revenue in the event of catastrophes (e.g. earthquakes, snowstorms etc.) that shut down the business.  The policy pays nothing for the first... more

Driver Blake, a low-risk driver, is insured by a company that gives a 5% discount for the first year, 10% the second year, 15% the third year, and 20% every year thereafter. Blake has qualified as... more

an insurance company claims department reported that 45% of the claims they dealt with over the last month related to motor policie, and 30% of those involved drivers under 25 years of age. The... more

answer questio IN complete sentence.

Actuarial studies show that in case of an injury claim, the company will pay out an average of $900 for outpatient care and an average of $3000 for an overnight stay in the hospital. They also... more

 If the rate for $2,000 is 0.843, what is the rate for $1,000? Or if $5,000 costs 0.560 how much does $1,000 cost?

Insurance 

calculating insurance math ...A patient’s total surgery charges are $1,278. The patient must pay the annual deductible of $1,000, and the policy states a 80-20 coinsurance. What does the patient owe?

I need help with a lot of insurance questions!!!!