A Payor Who Focuses on Preventive Services Such as Smoking

question 6

Multiple Choice

A payor who focuses on preventive services such as smoking cessation or weight loss is _____________.

• A) Preferred Provider Organization (PPO)
• B) Medicaid
• C) Health Maintenance Organization (HMO)
• D) Private health insurance

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Definitions:

Semiannual Interest

Interest that is calculated and paid twice a year.

Bond Premium

When a bond's selling price surpasses its original issued cost, known as its face value.

Annual Interest

The amount of interest charged or earned over a year on borrowed capital or investment principal.

Present Value

The contemporary financial worth of a future sum or ongoing cash flows, evaluated at a designated rate of return.