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What is typically the most expensive form of business organization to create and maintain?
ESSAY. Write your answer in the space provided or on a separate sheet of paper.
High Premiums
A term related to insurance indicating a higher cost for coverage, usually due to perceived increased risk or higher value of what's being insured.
Third-Party Payer
An entity (other than the patient or healthcare provider) responsible for paying for health care services, often an insurance company or government program.
Insurance Company
An organization that provides financial protection and compensation for specified losses in exchange for premiums.
Patient Status
The current condition or state of a patient, including health status, and whether they are admitted, discharged, or under observation.
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