A Type of Managed Care Plan That Is Usually the Least

question 63

Multiple Choice

A type of managed care plan that is usually the least costly for the consumer but has the most restrictions on choice is

• A) health maintenance organization plan (HMO).
• B) preferred provider organization plan (PPO).
• C) point-of-service plan (POS).
• D) mini-med plan.

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Definitions:

Retail Sales

The selling of goods and services directly to consumers for personal use.

Transactions

Financial activities involving exchanges of value between two parties, often recorded and tracked in accounting systems.

Paperwork

The written documents or records, especially those associated with transactions, processes, or administration.

Cash Receipts Report

A financial document summarizing all cash inflows, or money received, by a business during a specified period.