Provider Panels Can Be Either Narrow or Broad

question 13

Multiple Choice

Provider panels can be either narrow or broad. Compared to a similarly sized health plan that uses a broad provider panel, a health plan that uses a narrow provider panel most likely can expect to

• A) Experience higher contracting costs
• B) Encounter increased difficulty in utilization management
• C) Have to charge higher health plan premiums
• D) Experience lower provider relations costs

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Definitions:

Ounce of Gold

A unit of measure for weighing gold, where one ounce is equivalent to approximately 28.35 grams.

Coffee Beans

The seed of the coffee plant, used to produce the popular beverage coffee, following a process of drying, roasting, and grinding.

Essential

Refers to goods or services considered necessary for basic human functioning and living standards.

Marginal Rate of Substitution

The speed at which a consumer is ready to replace one product with another, keeping their level of contentment constant.