Coverage

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Coverage

Coverage

1. The specific insured events for which an insurance company will pay a benefit. For example, a life insurance policy provides coverage in the event of death. Likewise, a health insurance policy provides money in the event of illness. Generally speaking, an insurance policy outlines what it covers and the benefits it provides under different circumstances.

2. A measure of a company's ability to pay its fixed liabilities. It is calculated by determining by subtracting its fixed payments from its operating income. High coverage indicates that the company can easily make its payments and indeed is able to set funds aside to do so in the event its income declines. Low coverage means that the company can make its payments but that it has less flexibility in doing so. A negative number indicates that the company cannot pay its fixed liabilities. The payments included in this calculation are lease payments, dividends on preferred stock, and debt service. It is also called fixed-charge coverage.
References in periodicals archive ?
When an APTC user files a tax return for a coverage year, in the spring after the end of the coverage year, the user is supposed to figure out whether the IRS provided too little or too much APTC help.
This suggests that beneficiaries' reliance on the future price is small in early periods of the year; however, as the remaining time in the coverage year decreases, they become more sensitive to a possible future price hike.
Although the positive mean annual returns following the year of coverage loss could suggest that firms suffering coverage losses were oversold and undervalued at the end of the lost coverage year, these calculations do not well control for the effects of firm size, risk, price-book, or momentum.
Sadly, I see the national daily newspapers are starting to reduce their dedicated racing staff and are cutting coverage year on year.
And the pool is renewed at the start of each coverage year, so insureds don't need to worry about how much benefit they used the year before or whether or not they'll have dollars to roll over for major dental work.
The bidding, which last year reached $480,000, garners press coverage year after year, according to Jarvis.
The insurance covers mandated and necessary expenses after charges exceed $10,000 during the coverage year. All employees would pay one percent of their wages and employers would pay a percentage of their payroll based on size.
The ACA national office wants to track media coverage year round at camps across the country.
ACTIVITY at HealthCare.gov reached its highest level of the season during week 6 of open enrollment for the 2019 coverage year, but weekly and cumulative totals for plans selected continued to run below last year's levels, according to the Centers for Medicare & Medicaid Services.
The Centers for Medicare & Medicaid Services (CMS) announced that the average premium for second lowest cost silver plans (SLCSP) for the 2019 coverage year will drop by 1.5 percent, the first time average premiums have dropped since the implementation of the Federally- facilitated Exchange in 2014.
The new version would let other individual health purchasers use the credit to pay for coverage while the coverage year was under way.
That's because they serve on the front line providing quotes for coverage, explaining benefits to employees, problem solving for owners or management and, most importantly, servicing the business during the coverage year by providing ongoing support.