Business, 22.01.2020 00:31 christhegreat1
Which of the following statements about insurance plans and premium rate setting is most correct?
a insurers set premium rates to include both the costs of providing healthcare services and the costs of providing (administering) the insurance plan, including profits.
b a single method is used to set premium rates: the fee-for-service approach.
c a single method is used to set premium rates: the cost approach.
d although premiums may be set using several different methods, healthcare providers are all paid on a per member per month basis.
e none of the statements are correct.
Answers: 2
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Which of the following statements about insurance plans and premium rate setting is most correct?
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