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Premium-Only Payment Systems Refer to Payment Arrangements Between Managed Care

question 40

True/False

Premium-only payment systems refer to payment arrangements between managed care insurers and health care providers. (Pretax Salary Reduction Plans)


Definitions:

Job Assessment

The evaluation of a job's responsibilities, requirements, and importance within an organization to determine appropriate compensation, classification, and staffing needs.

Work Units

Refers to the divisions within a workplace or the smallest identifiable groups working towards a common goal.

Performance Appraisal

A systematic evaluation of an employee's performance in their job, often including feedback and discussion of objectives.

Training Programs

Structured educational courses designed to impart specific skills, knowledge, or competencies, often for professional development purposes.

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