Under an 80/20 Plan, If a Participating Provider's Usual Charge

question 46

Multiple Choice

Under an 80/20 plan, if a participating provider's usual charge is $200 for a procedure and the allowed amount is $150, the provider can collect:

• A) $150 from the insurance carrier and $50 from the patient.
• B) $120 from the insurance carrier and $30 from the patient.
• C) $120 from the insurance carrier and $80 from the patient.
• D) $160 from the insurance carrier and $40 from the patient.

Understand Adam Smith's perspective on the benefits of international trade and its implications for supply chain management.

Analyze the relationship between offshoring decisions and production characteristics such as volume, variety, and labor content.

Know the principles of network design in global supply chains and how different designs affect flexibility and performance.

Understand the role of cash flow duration changes and information flow adjustments in global supply chains.

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Definitions:

Conservation

The act of preserving, protecting, or restoring the natural environment and wildlife to prevent depletion or destruction.

Barrier

An obstacle that prevents movement or access, or a circumstance or issue that prevents people from understanding each other or from achieving their goals.

Preoperational Period

A stage in Jean Piaget's theory of cognitive development (approximately ages 2-7) during which children begin to engage in symbolic play and struggle with logic.

Reality

The quality or state of being actual or true and the totality of all things possessing actuality, existence, or essence.