Match Each Health Insurance Term with Its Definition

question 38

Multiple Choice

Match each health insurance term with its definition.
-Group insurance that entitles members to services provided by participating hospitals, clinics, and physicians

• A)assignment of benefits
• B)TRICARE
• C)CHAMPVA
• D)coordination of benefits (COB)
• E)copayment
• F)deductible
• G)effective date
• H)capitation
• I)group insurance
• J)health maintenance organization (HMO)

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Definitions:

Channel Conflict

A situation where there is discord or competition among channel partners such as manufacturers, wholesalers, and retailers, often due to overlapping territories or conflicting interests.

Channel Member

A participant in the marketing channel, such as a retailer or distributor, through which goods and services flow from producers to consumers.

Channel Circumvention

A distribution strategy where a producer sells their products directly to consumers, bypassing intermediary levels of distribution.

Disintermediation

A source of channel conflict that occurs when a channel member bypasses another member and sells or buys products direct.