Created in an Effort to Provide Workers with Health Coverage

question 62

True/False

Created in an effort to provide workers with health coverage by keeping costs down,health maintenance organizations (HMOs)provide,for a set monthly fee,total care with an emphasis on prevention to avoid costly treatment later.

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Definitions:

Domestic Price

The price of goods or services within a country's own market, as opposed to international prices.

World Price

The international market price of a good or service, influenced by global supply and demand.

Trade

The exchange of goods, services, or both between parties, which can be within an economy or between economies.

Tariff

A tax imposed on imported goods and services to either protect domestic industries from foreign competition or generate revenue.