The Success Base Rate Is a Long-Term Measure of Whether

question 35

True/False

The success base rate is a long-term measure of whether the HR function has provided productive,long-tenure employees for the organization.

---

Definitions:

Deductible

In insurance, it is the amount paid out of pocket by the policyholder before an insurance provider will pay any expenses.

Health Care Demanded

Refers to the quantity of health care services that individuals are willing and able to purchase at a given price.

Managed-Care Organizations

Health insurance companies that provide medical care directly to the insured individuals through specific networks of doctors, hospitals, and other healthcare providers.

Health Maintenance Organizations

A type of health insurance plan that provides comprehensive healthcare services to enrolled members for a fixed, prepaid fee.