ECONOMICS (CBSE/UGC NET)

ECONOMICS

INSURANCE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
In order to keep costs at a minimum, some employers offer which work by preventing diseases through early detection and exams.
A
HMO
B
PPO
C
Medicaid
D
Medicare
Explanation: 

Detailed explanation-1: -Employee health insurance provides the same coverage as an individual will buy for themselves. Employee health insurance provides hospitalization coverage including pre and posts hospitalization expenses.

Detailed explanation-2: -A type of health insurance plan that usually limits coverage to care from doctors who work for or contract with the HMO. It generally won’t cover out-of-network care except in an emergency. An HMO may require you to live or work in its service area to be eligible for coverage.

Detailed explanation-3: -Quality Assessment and Improvement Model Act.

Detailed explanation-4: -You will have the opportunity to choose a designated primary care physician. You will have a network of providers available to your to coordinate your care. Typically have lower monthly premiums. Typically lower out of pocket expense.

There is 1 question to complete.