Actuarial procedures - Study guides, Class notes & Summaries

PSYC 3364 Final Exam | Questions with Verified Answers Mark Smith, PhD, studies the feeding patterns of insects. His findings are often used to determine the cause of death in murder investigations. Dr. Smith would be considered a(n) ______. forensic entomologist What do forensic psychology, forensic linguistics, and forensic archaeology all have in common? They are based on scientific principles. Dr. Roy is a forensic psychologist who is conducting a child custody evaluation in a divorce case...

Counseling (Assessment & Diagnosis) correct answers designed to help the client gain a perspective on how they behave Self-knowledge (Assessment & Diagnosis) correct answers Used to help client learn how to make better decisions and to take responsibility for their own actions Value judgment (Assessment & Diagnosis) correct answers carefully considering accumulated data to ensure that it is complete and accurate in order to make an interpretation or inference Decision making (Assess...

EBI DIRECT V2 EXAM | QUESTIONS & 100% VERIFIEDANSWERS | LATEST UPDATE | PASSED Please state your name for the court Correct Answer: My name is Amarii Ebi What is your current occupation? Correct Answer: I am the founder of Con-error forensic services, our company specializes in providing expertise in the areas of DNA and forensic analysis, and investigative procedures. What is your previous work experience in regards to forensic science? Correct Answer: Before starting my own firm ...

Health Insurance Portability and Accountability Act of 1996 - ANSWER-(HIPAA) August 21, 1996 - ANSWER-HIPAA was enacted on _________. Kennedy-Kassebaum - ANSWER-HIPAA aka as ______ bill, was originally enacted to provide rights and protections for participants and beneficiaries of group health plans. Under this law, exclusions for preexisting conditions were limited, and discrimination against employees and dependents based on their health status were prohibited. Fraud, Abuse - ANSWER-H...

peril - ANSWER the immdeiate specific event causing loss and giving rise to risk hazard - ANSWER any factor that gives rise to a peril physical hazard - ANSWER individual characteristics that increase chance of peril *physical condition, past medical history, condition at birth moral hazard - ANSWER tendencies that people may have that increase risk and chance of loss *drug addiction and alcholism morale hazard - ANSWER individual tendencies that arise from an attitude or state of m...

ERISA - Answer- Employee Retirement Income Security Act 1974 SOC Reports - Answer- Service Organization Controls: for external vendors SOC 1 - Answer- Internal Controls & Financial reports; used by auditors SOC 2 - Answer- Security, availability, processing integrity, confidentiality and privacy controls;used by management, regulators, and others under an NDA SOC3 - Answer- Same as SOC2, but available for public use. Tribble V Edison - Answer- Landmark court case re fiduciary resp...

How to deal with risk - Avoid (Don;t fly, hang glide, mountain climb etc) Retain (Self insure) Transfer (Social vehicle for insurance) Share (incorporate or add a partner) Reduce (install fire alarms, stop smoking, etc) Essentials of an Insurance Contract - Think LACC Legal Purpose Acceptance offer -or acceptance counteroffer Competent Parties Consideration -Insurer "promise to pay" -Applicant's "premium" Enforcement Procedures - 1. A hearing must be held: - To revoke, suspend...

Midterm - 1265In the US, what is health insurance? - correct answer Reduction of a person's or a group's exposure to risk for unknown healthcare costs by the assumption of that risk by an entity Dr. Gilbert sees a 14-old-male with adolescent idiopathic thoracic scoliosis. Surgery for spinal fusion was canceled after the patient was diagnosed with mononucleosis. On today's visit, the patient is started on prednisone for severe sore throat and difficulty swallowing. The patient was accompani...

Actuarial Procedures correct answersmethods whereby data about subjects are analyzed by objective procedures or formulas rather than by human judgments Antianxiety Drugs correct answersdrugs that are used primarily for alleviating anxiety Antidepressant Drugs correct answersdrugs that are used primarily to elevate mood and relieve depression; often also used in the treatment of certain anxiety disorders, bulimia, and certain personality disorders Aphasia correct answersloss or impairmen...

Claims has two primary goals Complying with the contractual promise Supporting the insurer's financial goals 3 primary internal department users of claims information Marketing - claims satisfaction Underwriting - loss lessons learned Actuarial - loss reported and IBNR External interfaces with the Claims department Public - public image is largely determined by the claims department behavior Lawyers - hiring a lawyer does not necessarily mean a higher or faster settlement, since legal...