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A self-fulfilling prophecy essentially is that what you have convinced yourself is going to happen in your life is more likely going to happen. This notion applied not just to finances but to relationships, a job, attending school, etc. If you believe you aren't good enough to have a warm, close, intimate relationship you will subconsciously do things that ruin relationships. Same is true with finances. If you truly don't believe you deserve to have a stable financial life or that having lots of money is wrong you are more likely to make decisions that will sabotage making or saving money. You may whine and complain about not have enough money but your subconscious belief system overrides what you say you want.

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What are the risks associated with self-funded health plans?

Self-funded health plans carry the risk of higher financial responsibility for unexpected medical costs, as the employer assumes the financial risk instead of an insurance company. This can lead to potential financial strain if large medical expenses arise.


What impact does limited financial resources have on a person's quality of life?

Quality of life is perspective. I enjoy my life very much and I find it fulfilling even though, at times my bank account is empty.


What are the key differences between being self-insured versus fully insured?

The key difference between being self-insured and fully insured is that with self-insurance, the company takes on the financial risk of providing insurance coverage for its employees, while with fully insured plans, the company pays a premium to an insurance company who then assumes the financial risk.


What is the difference between fully insured and self insured health insurance plans?

The main difference between fully insured and self-insured health insurance plans is in how the financial risk is managed. In a fully insured plan, the employer pays a premium to an insurance company, which then assumes the financial risk for providing healthcare coverage. In a self-insured plan, the employer takes on the financial risk and pays for employees' healthcare costs directly, often with the help of a third-party administrator.


What are the differences between self-funded and fully insured health insurance plans?

Self-funded health insurance plans are funded by the employer, who assumes the financial risk for providing healthcare benefits to employees. Fully insured plans are purchased from an insurance company, which assumes the financial risk for providing healthcare benefits.

Related Questions

What is self fulfilling prophecy?

A self fulfilling prophecy is a prophecy that a person causes to come true because of their strong belief that it will.


What are the ratings and certificates for Criminal Minds - 2005 Self Fulfilling Prophecy 7-9?

Criminal Minds - 2005 Self Fulfilling Prophecy 7-9 is rated/received certificates of: Netherlands:12


Why does the self-fulfilling prophecy occur?

AnswerMany people often assume that a prophecy or prediction will inevitable come true, making it self-fulfilling, as their own actions cause the very outcome that was prophesied. So, if someone tells a student that he or she is going to fail an exam, and the student gloomily accepts that prediction, then it becomes a self-fulfilling prophecy as a result of a failure of effort.


Who developed the self fulfilling prophecy theory?

The self-fulfilling prophecy theory was developed by sociologist Robert K. Merton in 1948. He described how beliefs or predictions about a future event can influence behavior in a way that ultimately makes the prediction come true.


What phenomenon occurs when you make a prediction and bring about its results?

Self-fulfilling prophecy


What Phenomenon occurs when you make a Prediction and bring its results?

Self-fulfilling prophecy


Self fulfilling prophecy that easily influence students?

If a family repeatedly calls a child 'stupid' or ' a fool' or whatever, then they will grow up believing they arethat, and this self-fulfilling prophecy will be easily seen in their future behaviour, education grades and choices.


What are the release dates for Prison Logic Tijuana Jackson - 2011 Self Fulfilling Prophecy 1-3?

Prison Logic Tijuana Jackson - 2011 Self Fulfilling Prophecy 1-3 was released on: USA: 19 July 2011


What is an example of a self-fulfilling prophecy?

An example of a self-fulfilling prophecy is when a student is told they are not good at math, leading them to believe it and perform poorly in math class. This belief affects their motivation and study habits, ultimately fulfilling the initial expectation of not being good at math.


What is the difference between self-efficacy and self-fulfilling prophecy?

Self-efficacy has to do with one's belief in his or her own ability to do a given task. One who believes in his or her self is more likely to give effort, persevere when confronted with obstacles, and ultimately succeed. A self-fulfilling prophecy has to do with OTHERS' beliefs about a person. Basically, the way others perceive a person influence their expectations of that person, how they treat him or her, the resources and responsibilities they make available to the person, etc. Ultimately, this can direct the person's behaviour, resulting in the person behaving as others expected that he or she would. Because self-efficacy is influenced by the feedback that we receive from others, the perceptions of others can also influence self-efficacy. Self-efficacy is not an essential part of self-fulfilling prophecy theory, per se, however.


What is it called when you convince yourself something is going to happen and it eventually does?

This is known as self-fulfilling prophecy. It is the psychological phenomenon where believing in something strongly enough can influence your actions or behaviors to bring about the predicted outcome.


Was Manifest Destiny a self-fulfilling prophecy?

While the idea of promoting democracy throughout the world, otherwise known as manifest destiny, sounds like a common cause for unification of the population of the US, it has been taking a beating in the last several decades. As a self-fulfilling prophecy, that which is predicted comes to fruition, has not been the case with the manifest destiny followers.