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A limitation of readability formulas is that they:
Future Value
The value of an investment at a specific future date, taking into account factors like interest rates and compound interest.
Deductibles
The amount a policyholder must pay out-of-pocket before an insurance company will cover the remaining costs of a claim.
Moral Hazard
A situation where one party is more likely to take risks because the negative consequences of the risk are borne by another party.
Health Insurance
A type of insurance coverage that pays for medical and surgical expenses incurred by the insured, often providing a hedge against financial risks arising from healthcare costs.
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