Which of the Following Is a Feature of a Fee-For-Service

question 63

Multiple Choice

Which of the following is a feature of a fee-for-service health-care plan?

• A) There may be a limited number of physicians and specialists for the employee to see.
• B) The prior approval from the primary care physician is required before seeing specialists.
• C) There is an out-of-pocket expense for the employee when he/she goes outside the plan to visit a doctor.
• D) People are required to pay for medical expenses out of pocket and later reimburse them.
• E) All medical facilities obtained will usually require a copayment by the employee.

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Definitions:

P-value

The probability that observed data could have occurred by chance under a null hypothesis. It's used in hypothesis testing to determine statistical significance.

Empirical Economics

The collection and use of data to test economic theories.

Regression Analysis

A statistical technique used to estimate the relationships among variables, often used for prediction and forecasting.

P-value

A statistical metric that helps determine the significance of results, indicating the probability of observing the given data if the null hypothesis is true.