This Program Encourages Participants to Make More Informed, Cost-Conscious Decisions

question 3

Multiple Choice

This program encourages participants to make more informed, cost-conscious decisions about their health care.Patients opting for this program have to open a savings account, pay deductible and other coinsurance, and copay up to a maximum.Identify this program.

• A)Indemnity
• B)Preferred provider organization
• C)Health savings accounts
• D)Health maintenance organization
• E)Point of service

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Definitions:

Connector Division

A segment within a company or industry focused on the development, production, or distribution of connectors or interconnection solutions.

Outside Customers

Individuals or entities that are external to the organization and purchase its products or services, as opposed to internal stakeholders.

Idle Capacity

The portion of a company's resources or equipment that is not currently in use or producing goods, often leading to inefficiency and increased costs.

Fixed Costs

Costs that do not change with the level of output or sales, such as rent, salaries, and insurance.