The Purpose of a Prearranged Payment and Delivery System,such as a Managed

question 43

True/False

The purpose of a prearranged payment and delivery system,such as a managed care plan,is to take away any incentive for the provider to supply unnecessary carE.

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Definitions:

Tying Strategies

Business practices where the sale of one product is linked to the purchase of another, often used to increase market share.

Diseconomies of Scale

The phenomenon where production costs per unit increase as a firm or industry's output expands, typically due to inefficiencies that arise with increased size.

Meter Consumption

The amount of a utility or resource (such as water, electricity, gas) used as recorded by a meter.

Peak Period

The time period during which the demand for a service or product is at its highest, often leading to congestion or increased prices.