Nathanial Drummond Has Three Different Insurance Policies

question 71

Multiple Choice

Nathanial Drummond has three different insurance policies.He has been injured in an accident and has incurred $30,000 in medical bills.There is a clause in all of his insurance contracts that ensures he receives no more than a total of $30,000 in payments from his insurance companies.What is this clause called?

• A)coordination of benefits
• B)deductible
• C)coinsurance
• D)stop-loss provision
• E)waiver of premium

Assess specific healthcare needs of patients with chronic conditions during hygiene care.

Implement proper hygiene practices for older adults to accommodate decreased sebum and perspiration production.

Apply safe and effective hygiene care techniques to prevent complications in patients with vascular and mobility issues.

Choose appropriate techniques for maintaining and cleaning sensitive patient equipment, such as hearing aids.

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Definitions:

Investment Required

The total amount of capital needed to undertake a project, investment, or start a business.

Net Present Value

A method used in capital budgeting to determine the profitability of an investment or project, by calculating the difference between the present value of cash inflows and outflows over a period of time.

Annual Cash Inflows

The total amount of money received by a business, project, or investment on an annual basis from its operational activities.

Discount Rate

The interest rate used to discount future cash flows to present value, often used in capital budgeting.