Adverse selection Study guides, Class notes & Summaries

An earned premium resulting from the cancellation of a policy is calculated on: - On a pro rata basis, based on the previous year's rate M owns a parking garage & has coverage that states: "We will cover losses regardless if you are legally liable for the loss." This no-fault ideology will be found under: - Excess Direct Coverage An insurance company writing business in a state other than the one in which it is domiciled is called: - a Foreign Y is running a home daycare out of their ho...

CFA Investment Foundations complete test with correct answers Absolute advantage - answers When a country is more efficient in producing a good or a service than other countries—that is, it needs less resources to produce the good or service. Absolute returns - answers The returns achieved over a certain time period. Absolute returns do not consider the risk of the investment or the returns achieved by similar investments. Accounting profit - answers Differen...

Who is considered a field underwriter? - An agent When must insurable interest exist in life insurance? - Application or issue date If no receipt is issued at the time of application, a statement of good health is usually required at the time of? - Policy delivery The Medical Information Bureau is?(MIB) - a source of medical information to alert insurers to adverse medical history A substandard risk compared to a standard risk would pay? - a higher premium Which document describes specifi...

ATI PN COMPREHENSIVE PREDICTOR RETAKE GUIDE (150 Q & A) 1. A client begins treatment with phenytoin (Dilantin). Which following should the nurse reinforce as a measure to help minimize possible adverse effects of this medication? A. Performing daily gum massage 2. A nurse who is facilitating a support group notices that one client in the group is extremely talkative, to the point where others in the group have difficulty sharing their own ideas. Which of the ff. strategies should the nu...

Test Bank For Lehnes Pharmacotherapeutics for Advanced Practice Nurses and Physician Assistants 2nd Edition Rosenthal 9780323554954 Chapter 1-92 Complete Guide. Table Of Contents Chapter 1 Prescriptive Authority Chapter 2 Rational Drug Selection and Prescription Writing Chapter 3 Promoting Positive Outcomes of Drug Therapy Chapter 4 Pharmacokinetics, Pharmacodynamics, and Drug Interactions Chapter 5 Adverse Drug Reactions and Medication Errors Chapter 6 Individual Variation in Drug Responses Cha...

MHA 707 Exam C Questions & Answers 2023/2024 Moral Hazard - ANSWER-When the act of insuring an event increases the likelihood that the event will happen behaving different when you know someone is taking the risk (induced demand) Adverse Selection - ANSWER-the situation in which one party to a transaction takes advantage of knowing more than the other party to the transaction the sicker people likely want more insurance, compared to those who are healthy Pooling of Risk - ANSWER...

Pharmacotherapeutics for Advanced Practice Nurse Prescribers 5th Edition Woo & Robinson Test Bank UNIT I. THE FOUNDATION Chapter 1. The Role of the Nurse Practitioner as Prescriber Chapter 2. Review of the Basic Principles of Pharmacology Chapter 3. Rational Drug Selection Chapter 4. Legal and Professional Issues in Prescribing Chapter 5. Adverse Drug Reactions Chapter 6. An Introduction to Pharmacogenetics Chapter 7. Nutrition and Neutraceuticals Chapter 8. Herbal Therapies and Cannabis Chapter...

FLORIDA INSURANCE 2-14 EXAM TERMS QUESTIONS AND ANSWERS (100% SCORES) Insurance - CORRECT ANSWER-Financial protection against loss or harm - An arrangement by which company gives customers financial protection against loss or harm such as theft or illness in return for premium payments. Life Insurance - CORRECT ANSWER-Is based on actuarial or mathematical principles and guarantees a specified sum of money upon the death of the person who is insured. Annuities - CORRECT ANSWER-Provid...

Rules of Construction Help to identify and establish the intent of the parties to the contract Utmost good faith Each party is entitled to rely on the representation of the other, and each party should have a reasonable expectation that the other is acting in good faith without attempts to conceal or deceive. Aleatory Contract A contract under which one party's performance is contingent on an uncertain event. property and casualty agent has the power to bind the insurer...

IPMA-SCP Study Guide Questions With 100% Correct Answers.