Which of the Following Payment Systems Tries to Keep Clients

question 20

Multiple Choice

Which of the following payment systems tries to keep clients healthy through education and health promotion,with the goal of reducing the need for professional health care intervention and therefore also lowering cost?

• A) Managed care plan
• B) Fee-for-service payment
• C) Prospective reimbursement
• D) Retrospective reimbursement

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Definitions:

Penetration Pricing Strategy

A marketing strategy that involves setting a low price for a new product during its initial phase to attract customers and gain market share.

Dumping

The practice of exporting goods at a price lower than the home market price, often considered unfair trade and a subject of international dispute.

Predatory Pricing

A strategy where a company sets very low prices for its products with the intention of driving competitors out of the market.

Computer Manufacturing

The industrial process of producing computer hardware components and assembling them into complete systems or products.