Providers of ________________, May Need to Spend More Effort Convincing

question 37

Multiple Choice

Providers of ________________, may need to spend more effort convincing customers to try their offerings.

• A) experience goods
• B) commodity products
• C) digital goods
• D) minimum viable products

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Definitions:

Capitated Rate

A payment arrangement for healthcare service providers where they receive a set amount for each enrolled person assigned to them, regardless of the amount of services provided.

Copayments

A fixed amount paid by a patient for a covered healthcare service, usually when receiving the service, with the rest covered by their insurance.

Primary Payer

The insurance policy, plan, or program that is responsible for paying first on a claim for medical services before any other secondary coverage is considered.

Work-sponsored Insurance

Insurance coverage provided by an employer, often including health, dental, and life insurance benefits.