Turner Company Self-Insures Its Group Life and Group Health Insurance

question 8

Multiple Choice

Turner Company self-insures its group life and group health insurance plans.Turner entered into an agreement with ABC Insurance through which ABC handles the plan design,claims processing,and record keeping for Turner.The agreement between Turner and ABC is called a(n)

• A)preferred provider agreement.
• B)administrative services only contract.
• C)exclusive provider agreement.
• D)point-of-service contract.

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Definitions:

Clinic

A healthcare facility that provides outpatient medical treatment.

Marginal Distribution

The probability distribution of a subset of a collection of random variables, ignoring the presence of other variables.

Automobiles

Motor vehicles with wheels that are designed for operation on roads and to transport people.

Region of Origin

The geographic area or location where something or someone comes from or is considered to have started.