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Name the Type of Managed Care Plan That Combines Characteristics

question 40

Essay

Name the type of managed care plan that combines characteristics of both the HMO and the PPO.


Definitions:

Virtuous Circle

A chain of events that reinforces itself through a feedback loop, leading to a favorable outcome.

Corporate Social Responsibility

A business model that helps a company be socially accountable to itself, its stakeholders, and the public.

Financial Performance

evaluates the financial health of a company, including profitability, revenue, expenses, and cash flow.

Classical View

An approach to management and economics that emphasizes rationality, efficiency, and formal organizational structures.

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