Florida Insurance Claims Adjuster License Practice Exam

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How is funding determined for Tier Three employers?

  1. A. It is based on an assessment of Tier Three participants

  2. B. None of the above

  3. C. It is based on an assessment of Tier One participants

  4. D. It is based on an assessment of Tier Two participants

The correct answer is: A. It is based on an assessment of Tier Three participants

Funding for Tier Three employers is determined by an assessment of Tier Three participants. This means that an evaluation is conducted on the specific needs and eligibility of Tier Three participants in order to determine the amount of funding they will receive. Option B is incorrect because it simply states that none of the options provided are correct without providing any additional information. Option C is incorrect because it references Tier One participants, which are not relevant to determining funding for Tier Three employers. Similarly, option D is incorrect because it mentions Tier Two participants, which are also not relevant to funding for Tier Three employers.