24 multiple choice 1 point\n____ are entities through which employer health benefit plans and health…

24 multiple choice 1 point\n____ are entities through which employer health benefit plans and health insurance carriers contract to purchase healthcare services for covered beneficiaries from a selected group of participating providers.\npreferred provider organizations\nexclusive provider organizations\nhealth maintenance organizations\nindependent practice associations\n25 multiple choice 1 point\nthe basic underlying concept of insurance is to:\nwrite coverage to return a profit to shareholders.\nspread the risk by writing coverage for a large pool of individuals.\nbe able to meet claims and return profits to its shareholders.\nspread risk by writing coverage for a large enough pool of individuals so that the premium structure has been established correctly, the prediction of claims is made accurately, and the company can finance those claims and return a profit to its shareholders.\n26 multiple choice 1 point\nwhich of the following best describes the purpose of a structured award?\nto provide compensation during a plaintiffs lifetime\nto provide compensation during the defendants lifetime\nto provide compensation during the relatives lifetime\nto provide compensation for the plaintiffs children

24 multiple choice 1 point\n____ are entities through which employer health benefit plans and health insurance carriers contract to purchase healthcare services for covered beneficiaries from a selected group of participating providers.\npreferred provider organizations\nexclusive provider organizations\nhealth maintenance organizations\nindependent practice associations\n25 multiple choice 1 point\nthe basic underlying concept of insurance is to:\nwrite coverage to return a profit to shareholders.\nspread the risk by writing coverage for a large pool of individuals.\nbe able to meet claims and return profits to its shareholders.\nspread risk by writing coverage for a large enough pool of individuals so that the premium structure has been established correctly, the prediction of claims is made accurately, and the company can finance those claims and return a profit to its shareholders.\n26 multiple choice 1 point\nwhich of the following best describes the purpose of a structured award?\nto provide compensation during a plaintiffs lifetime\nto provide compensation during the defendants lifetime\nto provide compensation during the relatives lifetime\nto provide compensation for the plaintiffs children

Answer

Brief Explanations:

  • For question 24: Preferred provider organizations (PPOs) are entities where employer - health benefit plans and health insurance carriers contract with a selected group of participating providers to purchase healthcare services for covered beneficiaries.
  • For question 25: The basic concept of insurance is to spread risk by writing coverage for a large pool of individuals. This helps in predicting claims and managing finances.
  • For question 26: A structured award is designed to provide compensation during a plaintiff's lifetime.

Answer:

  1. Preferred provider organizations
  2. spread the risk by writing coverage for a large pool of individuals
  3. To provide compensation during a plaintiff's lifetime