Drag each label to the correct location on the image.
Match the responsibilities to the relevant personnel of an insurance company.

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Answer 1

A claims representative is an individual who works for an insurance company.

A claims adjuster is an individual who works for an insurance company. Their primary role is to investigate, evaluate, and settle insurance claims on behalf of the insurance company.

Some of the functions and roles of a claims representative and claims adjuster in an insurance company are common like closing a claim or making calculations.

Some are exclusive to one like inspecting the accident site and making report of how much claim has to be paid, these are exclusive to a claims adjuster working in insurance company

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Related Questions

As a concept, logos often refers to the what

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Answer:

a universal divine reason, immanent in nature,

Explanation:

A principle originating in classical Greek thought which refers to a universal divine reason, immanent in nature, yet transcending all oppositions and imperfections in the cosmos and humanity.

PLEASE ANSWER
Compare the major antitrust acts of the United States. Specify the intent and purpose of each, and draw conclusions about their effectiveness.

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Some of the major antitrust acts of the United States are:

the Sherman Act;the Clayton Act; and.the Federal Trade Commission Act (FTCA).

What is Antitrust Act?

This refers to the federal laws which regulates the conduct of businesses to make sure that they engage in fair practises which helps to avoid monopolies.

With this in mind, we can see that the intent and purpose of the antitrust acts are to avoid monopolies, to ensure balanced competition and to avoid unlawful mergers.

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Can a society address all of these goals

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A society can address the important goals that are set for its resident's success.

5 Basic Goals of a Society

There are 5 basic goals that a society wants to accomplish however not all the goals are achievable at once but still plans can be made accordingly and eventually success will be the destiny.

The 5 basic goals of a society are

Security StabilityFull EmploymentEconomic FreedomEconomic Growth

Therefore a society can achieve its goal if its vision and mission are clear.

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In the sentence They discussed four important issues at the meeting, the word at is a(n) ____.

preposition
adverb
conjunction
adjective

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From the sentence, it can be deduced that "at" is used a preposition.

What is a preposition?

It should be noted that a preposition simply means a word that is used before a noun or pronoun to show direction, place, time, etc.

In the sentence "They discussed four important issues at the meeting", the word at is a preposition. It is used to show where the issue took place.

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Unbundling is:

a. sorting claims upon submission to collect and verify information about the patient and provider

b. submitting multiple CPT codes when one code should be submitted

c. assigning lower-level codes than documented in the record

d. contracting out delinquent accounts to a collections agency

Answers

Answer:

[B] submitting multiple CPT codes when one code should be submitted

Explanation:

Levon sells cartoon balloons in town. His family business thrives. Levon's balloons are priced at $8.00 each and sells 350 balloons each month. His largest competitor, Paul, sells 874 balloons each month at a price of $3.00 each. Levon estimates the total balloon market in town to be 2000 per month at an average price of $5.00 per balloon. What is Levon's relative market share based on units

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The market share of Levon is 28%

Market Share of Levon

Total revenue of Levon is calculated:

$8 * 350 balloons = $2,800 per month

Total Revenue of the market:

$5 * 2000 balloons = $10,000 per month

Dividing Total Revenue of Levon with Total Revenue of the market

$2,800 / $ 10,000 = 0.28

Convert into percentage by multiplying with 100

0.28 * 100 = 28%

Conclusion

The market share of Levon is 28%

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What is the purpose of DSM-5?

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Answer:

manual for assessment and diagnosis of mental disorders and does not include information or guidelines

The future value of an annuity of $1,000 each quarter for 10 years, deposited at 12 percent compounded quarterly is

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The future value of the quarterly annuity compounded every quarter is $75,401.26.

What is the future value of the quarterly annuity?

The formula that can be used to determine the future value of the quarterly annuity is: Amount x annuity factor

Annuity factor = {[(1+r)^n] - 1} / r

Where:

r = interest rate = 12% / 4 = 3%n = number of years = 10 years x number of compounding = 10 x 3 = 30 years

Annuity factor ={ [(1.03)^40] - 1/} 0.03 = 75.401260

Future value = 75.401260 x 1000 = $75,401.26.

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Mark fell behind in some of his bills and now a percentage of what he owes a
creditor is taken out of his paycheck. What is this an example of?
A. A surety
B. A garnishment
C. A foreclosure
D. Alien

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I think it’s 4 or D.

Answer:

The correct answer is B. A garnishment

Explanation:

When a debtor falls behind on their debt, the creditor is entitled to seize assets/wages to pay for it.

A journal entry that debits Raw Materials and credits Accounts Payable is recording the ______.
A. sale of goods
B. issuance of materials into production
C. purchase of materials
D. completion of goods

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When you see a journal entry that leads to a debit of Raw Materials and a credit of Accounts Payable, this is a C. purchase of materials.

What happens when materials are purchased?

As materials are an asset, the raw materials account will be debited to show that raw materials are increasing.

If the Accounts Payable is credited, it means that it is increasing as well because it is a liability. The transaction was therefore done by buying the materials on credit.

In conclusion, option C is correct.

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Uber and Spotify have a streaming partnership that allows riders to stream their personal Spotify playlists while riding with Uber. This inter-organizational relationship affords both Uber and Spotify a business advantage and is best described how?

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The partnership between Uber and Spotify who had a streaming partnership is an example of strategic alliance.

What is a strategic alliance?

A strategic alliance refers to a business arrangement between firms to undertake a mutually beneficial project while each retains its independence

In conclusion, the benefit of a strategic alliance is that its allow partners to scale quickly and build innovative solutions for their customers.

Answers

Answer:

inelastic

Explanation:

Price elasticity of demand = percentage change in quality /percentage change in price

-12/12=-1

This tells us that it is a relatively large price change in order to cause a relatively small change in quantity demanded. In other words consumer responsiveness to change is relatively small so it is inelastic

What economic challenge comes with being a contingency worker?

A.
It can be hard to predict how much money you will make.

B.
Much of the work comes with a salary and benefits.

C.
It means there are fewer applicants for full-time positions.

D.
There is little protection against unruly members of the public.

Answers

Answer:

answer is d

hope it helps

Alfred received a bonus and didn't need it for at least a year, so he wanted to put in somewhere where it would earn more interest than a savings account. What is the best option for Alfred

Answers

To save money and make profit, the best option for Alfred is money market.

What is money market?

The money market is known to be a term that connote the act of dealing with debt of less than one year.

It is often used by governments and corporations to keep one's cash flow steady, and for potential investors like Alfred to make a honest profit.

See options below

What is the best option for Alfred? Multiple Choice

eBook O

checking Print

cash

NOW

money market

certificate of deposit

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Answer:

Certificate of Deposit

Explanation:

*Will award brainliest if correct answer is given!*

Which protects whistleblowers from retaliation?
a. MIPPA
b. PPACA
c. ARRA
d. HIPAA

Answers

Answer:

HIPAA

Explanation:

HIPAA stands for Health Insurance Portability and Accountability ActIt was passed in 1996.

It protects whistle blowers from retailation

What are the factors of production of a gas station?

- land :
-labour :
-capital :
- entrepreneurship:

Answers

labor- ex: attendants who work gas station.

land - ex: physical space occupied.

capital - ex: gas tanks and pumps.

Answer:

labor-ex:attendants who work gas station.land - ex: physical space occupied.capital - ex: gas tanks and pumps.

Explanation:

Subject: economics/history

Can someone help me with this

Extra points because this whole problem is just ://

Answers

Yeah ur right, it’s worker (:

Answer:

Worker is correct

Explanation:

good job on getting it right!

The beneficiary is the person who:

a. is eligible to receive health care benefits

b. accepts assignment

c. oversees coordination of benefits

d. receives the provider remittance notice

Answers

Answer:

[D] receives the provider remittance notice

Explanation:

A beneficiary is the person or entity that you legally designate to receive the benefits from your financial products.

*Will award Brainliest if right!*

A participating provider (PAR):

a. is not allowed to bill patients for the difference between the contracted rate and their normal fee

b. does not contract with the insurance plan

c. is responsible for paying health care fees

d. may bill patients for the difference between the contracted, rate and their normal fee

Answers

Answer:

Explanation:

Answer:

[A] is not allowed to bill patients for the difference between the contracted rate and their normal fee

Explanation:

ANSWER FAST PLEASE!!
If you borrow $2,000 at 5 percent simple interest, how much will you owe after one year?
A. you will owe the principal of $2,000 minus 5 percent of the principal
B. you will owe the principal of $2,000 only
C. you will owe the principal of $2,000 plus 5 percent of the principal
D. you will owe 5 percent of the principal only
THIS IS FOR FINANCIAL LITERACY

Answers

Answer:

Explanation:

A person will owe the principal of $2,000 plus 5 percent of the principal is the amount after one year. Hence, option C is correct.

What is principal?

Principal is the actual amount that a person agrees to pay back, whereas interest is the amount of borrowing. Principal money is given by the lender to the borrower.

Formula of finding the out principal amount is Principal = Interest/ rate*time period.

Thus, option C is correct.

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What are some of the things you could do to benefit your community other than providing jobs and tax revenue?

Answers

Answer:

Volunteer work, charitable donations, or participating in community festivals and events are all common for small business owners. You may see a local car service sponsoring a youth sports team or a group of downtown merchants organizing a community trash pick-up day.

Explanation:

how a teacher can use motivational strategies to control problem behavior in classroom give an example

Answers

Answer

The Earth’s mantle is made up of Tectonic plates that are forever moving as the Earth cools down. This happens over billions of years, and one of the most notable ones is around the Pacific rim where Earthquakes, (seismic activity) happens quite often

The Rift Valley in Ethiopia lies along the edge of the African Tectonic Plate, and continues down through parts of Somalia and into Kenya.

Just recently a rift opened up in Kenya, which seismologists seem to think is the pre-cursor of a major tectonic plate movement, splitting apart a part of Africa, which could include Ethiopia

Here are some strategies that can be used in the classroom to help motivate students:

Promote growth mindset over fixed mindset. Develop meaningful and respectful relationships with your students. Grow a community of learners in your classroom.Establish high expectations and establish clear goals. Be inspirational.

During the past month, Jennifer Johnson had income of $3,500. During the month, her net worth declined by $300. If no other financial activities occurred, this means Jennifer's payments for the month were:

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I think Jennifer’s payment for the month is 3,800

If no other financial activities occurred, this means Jennifer's payments for the month were $3,200.

What is income?

Income is the money that a person gets by giving his services to a company common industry or as a freelancer. Income is used for paying house bills, food bills, and other bills of the person.

Companies engage in financial operations to further their goals and objectives in terms of the economy. They consist of occurrences and acts that have an impact on a company's equity and long-term liabilities. Financial activities include all actions involving the inflow and outflow of cash.

Income of Jennifer Johnson in the past was $3,500

Her income declined by $300

$3,500 - $300 = $3,200

Therefore, the income of Jennifer's payments for the month was $3,200.

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To guide goodwill, employee and manager ‘intentions’ are informed by

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In guiding goodwill, employee and manager "intentions" are informed by customer satisfaction.

What is customer satisfaction?

Customer satisfaction is based on how efficiently and effectively a company's products or services meet customer expectations. Customer satisfaction increases customers' purchase intentions and loyalty. Measuring customer satisfaction with surveys helps the organization to predict its business growth and future revenue.

Thus, to ensure that the organization maintains its goodwill or good reputation with customers, the employees and managers must exceed customers' expectations.

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Sort the following statements based on whether demand is relatively elastic or relatively inelastic. There are four pairs of statements, each pair relating to a different determinant of demand elasticity.

Answers

The correct matching of the given scenarios are"

Klaus' demand for orange juice- Relatively elasticAmanda's annual demand for coffee- Relatively elasticJackson's demand for mystery novels- Relatively inelasticHermy's demand for Minute Maid orange juice- Relatively inelasticOlivia's daily demand for Starbucks latte- Relatively inelasticStephen spends a very little part of his income on soda- Relatively elasticXavier's demand for his economics textbook- Relatively inelastic

What is Elasticity of Demand?

This refers to the substantial change in demand of a particular product as a result of an economic factor.

With this in mind, we can see that inelastic demand has to do with the situation where the demand does not change regardless of the price change.

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Nike purchases a patent that costs $12,000. The patent is sold 7 years later for $16,372. What is the nominal rate of return on this investment

Answers

The nominal rate of return on this investment is 4.5%.

What is the nominal rate of return?

In order to determine the nominal rate of return, the internal rate of return would be calculated. Internal rate of return is the discount rate that equates the after-tax cash flows from an investment to the amount invested.

IRR can be calculated with a financial calculator

Cash flow in year 0 = $-12,000

Cash flow in year 1 - 6 = 0

Cash flow in year 7 = $16,372.

IRR = 4.5%

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Distinguish between the two in operations management volume, variety and variation dimensions of canned fruit factory and hair salon

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Answer:

Operation processes transform input into output in different ways, among them volume, variety and variation dimensions.

A canned fruit factory follows a volume dimension in the operation process. There is a high demand for canned fruits making it a high demand process whose high volume can be automated or standardized. This systemization leads to a lower cost base.

A hair salon uses a variety dimension in operation processes. Variety relates to a variety of goods or services being sold to customers. This increases sales and profit potential as opposed to offering one or two products. Hair salons have a lot of beauty and hair style offers.

which of the following is a potentional benefit of joining a business-related student organization?
A developing texting skills
B developing artistic skills
C developing technology skills
D developing athletic skills

Correct answer: C

Answers

I would say C is the correct answer.

Answer:

C, Developing technology skills

Explanation:

Verified answers with Verified results.

Nate collected Social Security payments of $220 a month in Year 1. If the price index rose from 90 to 108 between Year 1 and Year 2, then his Social Security payments for Year 2 should have been a. $238. b. $264. c. $257. d. $228.

Answers

The social security payment that will be paid in this scenario will be B. $264.

How to calculate the social security payment

From the information given, Nate collected Social Security payments of $220 a month in Year 1 and the price index rose from 90 to 108 between Year 1 and Year 2.

Therefore, the Social Security payments for Year 2 will be:

= 220 × (108/90)

= $264

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On May 1, 2020, Course Co. borrowed $16,000 and signed a three-year note bearing interest at 6% per annum. Interest is payable quarterly, starting on July 31. What amount should Course report as a liability for accrued interest on its December 31, 2021 balance sheet

Answers

The amount that Course Co. should report as a liability for accrued interest on its December 31, 2021 balance sheet is $240.

What is accrued interest?

Accrued interest is an accounting expression that shows a liability for interest payment has been incurred for a loan but the payment has not yet been made.

For Course Co., it incurs accrued interest of $240 every quarter for the three-year note payable. Usually, the accrued interest is paid at the beginning of the next quarter.

Data and Calculations:

3-year note payable = $16,000

Rate of interest = 6% per year

Date of loan = May 1, 2020

Interest payment = quarterly or 4 times annually

Interest per quarter = $240 ($16,000 x 6% x 1/4).

Thus, the accrued interest on Course Co.'s December 31, 2021 balance sheet is $240.

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Other Questions

S is located at (9 -3) point T is located at (4 -3) what is the distance from point S to point T 10 is to the power of one hundred because it is a factor of itself true or false? Which of these most likely explains why people in the Eastern Bloc had little contact with the West? They feared the West. They had no access to Western culture. They disproved of capitalism. They could not travel freely. 1. What is the difference between the steady beat and the rhythm?2. How can we tell if a song is in 3/4 time or 4/4 time? Make sure to mention what we can do with our bodies to help us figure out the time signature and how the time signature will sound to our ears if it is correct.3. Why do we use the quarter note as our home base that we measure all other note durations against?4. Why is timbre an important musical element?5. What is the difference between a half-step and a whole-step on the piano?Critical Thinking Questions1. How are the steady beat and the rhythm similar to raindrops on a river?2. We discussed that we should study the musical elements so that we can pick up a new piece of music and read it right away. What are two other reasons we should study musical elements, and why?3. Why is it important that the steady beat stays the same within a piece of music?4. Why is it important for instruments to have different timbres? Energy is transferred from the sun to Earth mainly by C. compressional waves A. sound waves D. electromagnetic waves B. air currents In the novel The book thief Max has to leave the Hubermanns, where do you think max is hiding and how did Liesel figure it out Brainly pls help me this is k12 The position of a particle (in inches) moving along the x-axis after t seconds have elapsed is given by the following equation: f(t) = t^4 2t^3 6t^2 + 9t. Compute the particles acceleration at t = 4 seconds. Someone can help me please?? Question 7 of 15.If you were to travel to a new location, you would need information about itbefore you go. Which is an example of a question based on place?A. How much will it cost to get there? O B. How long will it take me to get there?O c. Where is it on a map?O D. What kind of clothes should I take?SUBMIT 12. What number is 20% less than 60? In what way were the Maya, Aztec, and Inca civilizations similar? The area of an 17-cm-wide rectangle is 357 cm2. What is its length?The length iscm. HURRY PLEASE (BEING TIMED)Read the excerpt from Enriques Journey.Most freight cars have two ladders on a side, each next to a set of wheels. Enrique always chooses a ladder at the front. If he misses and his feet land on the rails, he still has an instant to them away before the back wheels arrive. But if he runs too slowly, the ladder will yank him forward and send him sprawling. Then the front wheels, or the back ones, could take an arm, a leg, perhaps his life. "Se lo comi el tren,'' other migrants will say. "The train ate him up."The purpose of using personification in the excerpt is to show howslow and regulated freight train travel can be.easy it is to secure passage on freight trains.difficult it is to get a job working on the railroad.dangerous it is to jump onto a moving freight car Complete the dialogue with the correct phrases from the word bank (french) What is the name of Geralt of Rivia's singing companion?A. TrissB. Jaskier C. MandylionD. Bard What will be your main argument for why YOU should win this competition? a __________ is a collection of numbers gathered to give some meaningful information It takes 20 minutes for a cow to be milked by a milking machine.How many cows can be milked in 6 hours? 1)Which of the following parts of the bodyhas cortical motoneurons with the largestrepresentation on the primary motor cortex(area 4)?(A) Shoulder(B) Ankle(C) Fingers(D) Elbow(E) Knee

Drag each label to the correct location on the image. Match the responsibilities to the relevant personnel of an insurance company.

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Drag each label to the correct location on the image.
Match the responsibilities to the relevant personnel of an insurance company.