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Explain the Term "Risk

question 25

Essay

Explain the term "risk."


Definitions:

Health Maintenance Organization

A medical insurance group that provides health services for a fixed annual fee, focusing on preventative care.

Discounted Services

Services offered at reduced prices, often to attract customers or as a benefit for certain groups, such as employees or members.

Blue Cross / Blue Shield

A federation of health insurance organizations specializing in providing healthcare coverage to millions of people in the United States.

Preferred Provider Organizations

Health insurance plans that offer a network of healthcare providers who provide services to subscribers at a lower cost compared to out-of-network providers.

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