Which of the Following Allows the Insured to Use the Services

question 33

Multiple Choice

Which of the following allows the insured to use the services of different hospitals, clinics, and doctors without prior permission?

• A) Insurance.
• B) Managed care plan.
• C) Fee-for-service plan.
• D) Health maintenance organization.

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Definitions:

Blank Endorsement

A signature on a financial instrument, such as a check, that specifies no particular payee, allowing any holder of the instrument to cash or deposit it.

Rubber Stamp

A tool used to imprint designs or text on a surface with ink, often used metaphorically to describe automatic approval without careful consideration.

Accounts Receivable Subsidiary Ledger

A detailed ledger that contains individual accounts for customers who owe money to the business, supporting the control account in the general ledger.

For Deposit Only

An endorsement on a check specifying that the check is to be deposited into an account and not cashed directly.