Which of the Following Is NOT an Effort to Manage

question 6

Multiple Choice

Which of the following is NOT an effort to manage care or cost containment?

• A)Benefit opt out program
• B)Plan design
• C)External cost control systems
• D)Claims review

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Definitions:

Licensing

A process where a company allows another to use its intellectual property or technology in exchange for a fee or royalty.

Royalties

A share of the income of a business paid by a franchisee to the franchisor.

Innovation

The act of introducing something new, such as an idea, method, or device, to improve processes, products, or services.

C Corporation

An organizational form for businesses where shareholders, the owners, face taxation independently from the corporation.