when their insurance policy only covers part of a medical expense
Fixed annuities pay every year.
The premium is what you pay for the policy. The deductible is what the insurance company will not pay for what is covered. For example you buy a car policy for collision. You pay the premium of $50. If you crash the car, the company will not pay any thing less than the deductible. If the deductible was $1000 and you sustained $1500 damage, the company would pay you $500. If the damage was less than the deductible, you get nothing.
If you pay your home off faster than the note, you will pay less interest. The interest will accumulate at the same rate (your rate was set when you signed your note), but you will pay less money towards interest in the end. If you pay your house off in 15 years rather than 30, you will save 15 years worth of interest.
A calculator can show a mortgage home buyer how quickly they can pay off their home and how much they save when they pay off the principal of the loan over a given time.
I'm not sure but I think it is: pay back time = how much money you save / how much you spent on the applience
When you visit a doctor
When their insurance policy only covers part of a medical expense.
A situation in which people have to make a co-pay typically refers to a scenario where individuals are required to pay a fixed, upfront amount for a covered healthcare service or medication at the time of service. Co-pays are common in health insurance plans as a way to share the cost of medical expenses between the insurer and the insured.
people who work for no pay are called slaves.
A co-pay situation typically occurs when a patient visits a healthcare provider and is required to pay a fixed amount at the time of service, as outlined in their insurance plan. For example, if a patient has a $20 co-pay for a doctor's visit, they must pay this amount directly to the provider when they check in for their appointment, regardless of the total cost of the visit or any additional tests that may be performed. This system helps share the cost of healthcare services between the insurer and the patient.
police patrol oversight
When their insurance policy only covers part of a medical expense
A deductible is the amount an insured person must pay out of pocket before their insurance coverage kicks in. For example, if someone has a health insurance plan with a $1,000 deductible, they must cover the first $1,000 of their medical expenses themselves before the insurance company starts to pay for any additional costs. This situation often arises in medical treatment, auto insurance claims, or homeowners insurance, where individuals are responsible for a specified amount before benefits are activated.
There are many sites on the net that offer stories for people who are in your situation. Check out www.gazette.com/articles/college-115513-expenses-troubled.html - to gain more insight on your situation.
People can be excluded from using individual goods if they don't pay.
People can be excluded from using individual goods if they don't pay.
well it depends what situation and you pay for that product