Which of the Following Sell Health Care Policies to Individuals

question 29

Multiple Choice

Which of the following sell health care policies to individuals, agreeing to pay certain health care costs?

• A) private insurers
• B) governments
• C) managed care organizations
• D) professional associations
• E) Medicaid

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Definitions:

Credit Period

The time frame between when a purchase is made and when the payment for that purchase is due, without incurring any interest.

Cash Discount

A reduction in the price of an item for sale, offered by the seller as an incentive for the buyer to pay promptly.

Trade Credit

Short-term financing extended by a seller to a buyer allowing the latter to purchase goods or services and pay for them at a later date.

Trade Credit

The credit extended to a buyer by a supplier, allowing the buyer to purchase goods or services and pay for them at a later date.