Match the Following -A Type of HMO in Which the MCO Contracts with MCO

question 1

Multiple Choice

Match the following
-A type of HMO in which the MCO contracts with individual physicians and facilities to build the provider network

• A) individual practice association (IPA) health maintenance organization (HMO)
• B) staff model health maintenance organization (HMO)
• C) major medical insurance
• D) outpatient insurance
• E) open access health maintenance
• F) exclusive provider organization (EPO)
• G) point-of-service (POS) plan
• H) network model health maintenance organization (HMO)
• I) long-term care insurance
• J) preferred provider organization (PPO)

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Definitions:

Price Discrimination

A pricing strategy where a company charges different prices for the same product or service to different customers, based on the willingness to pay.

Different Prices

The phenomenon where goods or services are sold at varying prices due to factors such as location, demand, or quality.

Pure Monopolist

A single supplier dominates the entire market for a particular good or service, without any competition.

Marginal Cost

The cost added by producing one additional unit of a product.