Cost of appendectomy. I am a surgeon, I have worked for an HMO for 20 years and am out of touch with bills for that period of time so I did not have a quick answer when my son asked about his friend's $36,000 appendectomy so I am doing research.
Since insurance policies are standard forms, they feature boilerplate language which is similar across a wide variety of different types of insurance policies. The insurance policy is generally an integrated contract, meaning that it includes all forms associated with the agreement between the insured and insurer.In some cases, however, supplementary writings such as letters sent after the final agreement can make the insurance policy a non-integrated contract.n exchange for an initial payment, known as the premium, the insurer promises to pay for loss caused by perils covered under the policy language. Insurance contracts are designed to meet specific needs and thus have many features not found in many other types of contracts.
A contractor will usually purchase some level of insurance to provide indemnify for insurable events. Where the risk of loss is transferred to others by contract, as in the case of a subcontract, it will also include an insurance requirement to âback-upâ the insurable hold harmless provisions in the contract.