Health Maintenance Organization (HMO), an Example of a Managed-Care System

question 64

True/False

Health maintenance organization (HMO), an example of a managed-care system, functions to serve the purpose of containing costs in the plans of managed mental health care, which is mainly done by restricting client benefits.

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Definitions:

Consumer Confidence

A measure of how optimistic or pessimistic consumers are about the economy's prospects and their own financial situation, which can influence their spending and saving behaviors.

Operational Efficiency

is the ability of an organization to deliver products or services to its customers in the most cost-effective manner without sacrificing quality.

Point-of-sale Systems

Electronic systems used at retail outlets to complete transactions, manage inventory, and record sales data.

Traffic Congestion

A condition on transport networks that occurs as use increases, characterized by slower speeds, longer trip times, and increased vehicular queueing.