Examlex
Which of the following statements is FALSE?
Health Maintenance Organization (HMO)
A type of managed care operation that is typically set up as a for-profit corporation with salaried employees; group insurance that entitles members to services provided by participating hospitals, clinics, and providers.
Group Insurance
An insurance plan that provides coverage to a group of individuals, typically employees of an organization, under a single policy.
Participating Hospitals
Medical facilities that agree to provide services under certain insurance plans or health programs.
Assignment of Benefits
An agreement by which a patient authorizes their health insurance benefits to be directed to a healthcare provider.
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