Which of the Following Types of Reimbursement Would Hospitals Support

question 20

Multiple Choice

Which of the following types of reimbursement would hospitals support?

• A)Indemnity benefit
• B)Service-benefit
• C)Both a and b
• D)Neither a nor b

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Definitions:

Potential Loss

Refers to the possible financial loss or damage that might arise from a risk or unfavorable event.

Break-Even Price

The financial point at which an asset needs to be sold for an investor to regain their initial outlay without experiencing any gain or loss.

Put

A options contract that gives the owner the right, but not the obligation, to sell a specific amount of an asset at a predetermined price before a specified date.

Premium

An amount paid over the regular price or the intrinsic value for securities, insurance policies, or other financial products.