Math, asked by csprem, 10 months ago

late payment of medical claims can add to the cost of health care. an article reported that the mean time from the date of service to the date of payment for one insurance company was 41.4 days during a recent period.suppose that a sample of 100 medical claims is selected during the latest time period. The sample mean time from the date of service to the date of payment was 39.6 days,and the sample standard deviation was 7.4 days.

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Answered by assalterente
0

Answer:

Step-by-step explanation:

Our question is late payment of medical claims can add to the cost of health care. an article reported that the mean time from the date of service to the date of payment for one insurance company was 41.4 days during a recent period.suppose that a sample of 100 medical claims is selected during the latest time period. The sample mean time from the date of service to the date of payment was 39.6 days,and the sample standard deviation was 7.4 days.

Since it is not comfortable and dangerous is to leave life medical claims to later, thus some of the treatments required in some occasions are so expensive that a normal person can not pay it without any help.

Some extreme cases led to extreme dangerous consequences since the fact of not too much money to pay treatments.

In order to get things done it would be a good idea to include a life insurance in a fixed price, as well as other insurances all included.

In some cases it is a better option to have it all covered at the same package.

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