Apex Consulting Wants to Offer Its Employees a Health Insurance

question 107

Multiple Choice

Apex Consulting wants to offer its employees a health insurance plan that gives the employees the greatest amount of choice in hospital and physician selection.Which of the following would be the best choice for Apex?

• A) HMO
• B) PPO
• C) Traditional insurance plan
• D) Flexible spending account

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Definitions:

Middle Management

The level of management in an organization positioned between the senior executives and the operational levels, responsible for implementing policies and plans.

Chain of Authority

A hierarchical structure in an organization that defines the reporting lines and who reports to whom.

Temporary Setbacks

Short-term difficulties or obstacles that delay or impede progress but can be overcome with effort and resilience.

Barriers to Success

Various obstacles that prevent or hinder one's ability to achieve success or reach goals.