What Would Happen If,as a Business Owner,Toderick Forced His Employees

question 12

Multiple Choice

What would happen if,as a business owner,Toderick forced his employees to join an HMO?

• A) Medical care costs would likely be higher than if Toderick's employees could see any doctor and receive any test they wanted because unnecessary care would be fully covered.
• B) Medical care costs would likely be lower than if Toderick's employees could see any doctor and receive any test they wanted because the amount of unnecessary care would be reduced.
• C) Medical care costs would likely be unaffected by whether employees join an HMO or not.
• D) Medical care costs would likely be lower because the less healthy would be encouraged to receive care.
• E) Medical care costs would likely be lower because the healthy would be discouraged from receiving care.

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Definitions:

Negotiable Instruments

Financial instruments that are transferable by endorsement or delivery, allowing the holder to take possession of the funds, such as checks or promissory notes.

UCC

The extensive legal provisions of the Uniform Commercial Code cover all forms of commercial transactions occurring in the United States.

Commercial Transactions

Deals or agreements between parties that involve the exchange of goods, services, or funds in the course of business operations.

Common Law

A legal system characterized by judicial decisions that are recognized as binding, forming a body of law developed through court decisions over time.