The Major Method Used to Reduce Costs to Third-Party Payers

question 15

Multiple Choice

The major method used to reduce costs to third-party payers has been to

• A)Change the eligibility requirements.
• B)Convert reimbursement to a retrospective payment plan.
• C)Require all clients to choose a managed care plan for reimbursement.
• D)Set fee schedules to restrict increases in provider payment.

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Definitions:

Ambient Stress

The stress experienced due to ongoing environmental factors or the general atmosphere surrounding an individual.

Adaptive Demands

Challenges or requirements that necessitate adjustment or change in behavior or thinking.

Stress-Is-Enhancing Mindset

A Stress-Is-Enhancing Mindset is the belief that experiencing stress can lead to positive outcomes, such as improved performance, growth, or well-being.

Competitor Mindset

A psychological frame of mind that focuses on striving to achieve success or victory over others in a competitive environment.