Employers Have an Incentive in Minimizing the Number of Claims

question 8

True/False

Employers have an incentive in minimizing the number of claims because their premium is based on their claims history.

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Definitions:

Primary Storage

The main storage area in a computing device, such as RAM, which is directly accessible by the CPU and stores data and applications currently in use.

Program Instructions

Sets of commands or algorithms that direct a computer or other programmable device to perform specific operations.

During Processing

Refers to tasks, actions, or operations that occur in the middle stage of a processing workflow or production cycle.

Primary Storage

is the main storage of a computer system where data is stored temporarily for quick access by the computer's processor.