The Methods of Alternative Funding for Health Coverage Can Be

question 61

Multiple Choice

The methods of alternative funding for health coverage can be divided into the following general categories: Category A-Those methods that primarily modify traditional fully insured group insurance contracts Category B-Those methods that have either partial or total self funding Typically, small employers are able to use some of the alternative funding methods in

• A) Both Category A and Category B
• B) Category A only
• C) Category B only
• D) Neither Category A nor Category B

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Definitions:

Highly Oligopolized

A market structure characterized by a small number of firms controlling a large market share, leading to limited competition.

Textbook Publishers

Companies specialized in producing and distributing textbooks for educational purposes, covering various subjects and levels of study.

Price Leadership

One firm, often the dominant firm in an oligopolistic industry, raises or lowers price, and the other firms quickly match the new price.

Concentration Ratio

A measure used in economics to assess the extent of market concentration by calculating the market share of the largest firms within an industry.