Raymond Carter Has a Type of All-Inclusive Health Insurance That

question 18

Multiple Choice

Raymond Carter has a type of all-inclusive health insurance that has a very low deductible and pays for hospital,surgical,medical,and other bills under one plan.What type of insurance does he have?

• A)Comprehensive major medical
• B)Hospital indemnity
• C)Long-term care
• D)Cancer
• E)Disability income

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Definitions:

GAAP

Generally Accepted Accounting Principles, the standard framework of guidelines for financial accounting used in any given jurisdiction, specifically the U.S.

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Formal documents issued by the Financial Accounting Standards Board, setting forth standards and principles for financial accounting and reporting in the U.S.

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