Under the Adjusted (Modified) Community Rating Approach to Health Insurance

question 77

True/False

Under the adjusted (modified) community rating approach to health insurance premium pricing, all policyholders in an area pay the same premium without regard to their personal health, age, gender, or other factors.

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Definitions:

Gain-Sharing

A compensation strategy designed to share the financial benefits with employees when the company achieves specific performance improvements.

Pay-for-Performance

A compensation strategy where employees' pay is directly tied to their performance, productivity, or achievement of specific targets.

Job Feedback

Information provided by employers or supervisors regarding an employee's work performance, intended to reinforce strengths or identify and correct weaknesses.

Task Identity

The degree to which a job requires completion of a whole and identifiable piece of work.