Not exact matches
«An
initial approach that targets the reduction
of high - volume and less costly
items might be a more strategic way to spark the movement to tackle the problem
of low -
value care.»
In setting your
initial withdrawal rate, you'll also want to consider how much
of your expenses you can cover from Social Security and any pensions, what other resources you have to draw on (home equity, income from an annuity, cash
value life insurance, income from a part - time job) and how much
of your retirement spending goes to essential expenses that you would have a hard time trimming vs. discretionary
items that leave you with a lot more leeway cutting back should you need to in the future.
Definition
of Replacement Cost
Value: The replacement cost is usually calculated using the
initial price tag paid for the
items or the cost
of physically building the home when it was purchased, regardless
of any potential depreciation.
We'll make an
initial payment based on the current
value of that property; once you have repaired or replaced the covered
item, we'll pay an additional amount, up to the actual cost to repair or replace.
The replacement
value reimbursement is a pay out
of how much it would cost you to buy that
item, or the equivalent to your
item, even if it is below or above the
initial price.
When the broker is paying for the
item of value and providing it directly to or for the benefit
of an unlicensed party, the final question, which is the back side
of the
initial question, is whether the
item paid for was for services which require licensure.