Managed Care Health Plans Include HMOs, PPOs, and POSs

question 39

True/False

Managed care health plans include HMOs, PPOs, and POSs.

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Definitions:

Job Evaluation Pay Rates

A systematic process for determining the relative worth of a job within an organization for the purpose of establishing fair salary levels.

Organizational Pay Policy

Guidelines and strategies an organization uses to determine how employees are compensated for their work.

Market Rate

The average or prevailing price for goods or services in a particular market, often used as a benchmark in setting wages or prices.

Lead Policy

A set of guidelines or principles defining how to take the initiative or precedence in a specific area or situation.