A Contract Under Which a Buyer Agrees to Make Payments

question 96

Multiple Choice

A contract under which a buyer agrees to make payments in exchange for the provider agreeing to pay some or all of the buyer's medical bills is referred to as

• A)a fee-for-service plan.
• B)the Affordable Care Act.
• C)a deductible.
• D)health insurance.

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Definitions:

Individual Capability

The skills, knowledge, and abilities possessed by an individual that enable them to perform tasks and achieve goals.

Susceptible

Likely to be influenced or harmed by a particular condition or phenomenon.

Operational Risk

The risk of loss resulting from inadequate or failed internal processes, people, and systems, or from external events.

Remote Employees

Workers who are employed by a company but perform their job duties from a location outside of the traditional office environment, often from home or another remote setting.