Which of the Following Statements Describes Managed Care Organizations

question 25

Multiple Choice

Which of the following statements describes managed care organizations?

• A) They actively recruit vulnerable populations.
• B) Payment for services is integrated with delivery of services.
• C) Reimbursement is usually based on fee-for-service.
• D) Hospitals are the preferred setting for service delivery.

---

Definitions:

Occupational License

A form of certification or permit indicating that an individual is qualified to carry out a specific job or profession.

Labor Market

The supply and demand for labor, where employers seek to hire workers and workers look for jobs.

Purely Competitive Market

A purely competitive market is an economic theory describing a market where many sellers offer identical products, leading to prices being determined by supply and demand.

Price Of Labor

Refers to the wage rate or amount of money paid to workers for their services per unit of time, often influenced by factors such as skill level and demand for the job.