If the Insurance Plan Has a Hold Harmless Clause, It

question 21

Multiple Choice

If the insurance plan has a hold harmless clause, it means that the patient is

• A) charged for fees by the health care provider, per the EOB.
• B) automatically has lower out-of-pocket health care expenses.
• C) not responsible for paying what the insurance plan denies.
• D) required to pay any amounts that the insurance plan denies.

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Definitions:

Commodity-Pricing Data

Information related to the price fluctuations and trends of goods that are traded, especially raw materials and agricultural products.

Real Commodity Prices

The prices of commodities adjusted for inflation, representing the true cost over time.

Demand And Supply

The fundamental economic concepts that describe the amount of a product or service available for sale at a particular price (supply) and the desire of buyers to purchase it (demand).

Overuse Of Natural Resources

The excessive use of natural resources, leading to their depletion or degradation, often faster than they can be replenished.