Which of the following statements about insurance plans and premium rate setting is most correct?

a insurers set premium rates to include both the costs of providing healthcare services and the costs of providing (administering) the insurance plan, including profits.
b a single method is used to set premium rates: the fee-for-service approach.
c a single method is used to set premium rates: the cost approach.
d although premiums may be set using several different methods, healthcare providers are all paid on a per member per month basis.
e none of the statements are correct.

Ida sidha karya company is a family-owned company located in the village of gianyar on the island of bali in indonesia. the company produces a handcrafted balinese musical instrument called a gamelan that is similar to a xylophone. the gamelans are sold for $850. selected data for the company’s operations last year follow: units in beginning inventory 0 units produced 250 units sold 225 units in ending inventory

Colah company purchased $1.8 million of jackson, inc. 8% bonds at par on july 1, 2018, with interest paid semi-annually. when the bonds were acquired colah decided to elect the fair value option for accounting for its investment. at december 31, 2018, the jackson bonds had a fair value of $2.08 million. colah sold the jackson bonds on july 1, 2019 for $1,620,000. the purchase of the jackson bonds on july 1. interest revenue for the last half of 2018. any year-end 2018 adjusting entries. interest revenue for the first half of 2019. any entry or entries necessary upon sale of the jackson bonds on july 1, 2019. required: 1. prepare colah's journal entries for above transaction.

Select the word from the list that best fits the definition sometimes