Companies can choose from which four classes of health insurance programs?
Fee-for-service, managed care, point-of-service, consumer-driven health care
Indemnity, health savings accounts, managed care, fee-for-service
Point-of-service, fee-for-service, indemnity, managed care
Self-funded, managed care, fee-for-service, point-of-service
Companies must offer HMOs if they are subject to the minimum wage provisions of FSLA.
What are the three common forms of managed care plans?
Individual practice organizations, point-of-service plans, health maintenance organizations
Health maintenance organizations, preferred provider organizations, point-of-service plans
Preferred provider organizations, point-of-service plans, individual practice organizations
Preferred provider organizations, health maintenance organizations, individual practice organizations
Single employees pay a larger percentage of their health care premium than employees with family coverage pay.
False p 137
This consumer-driven health care option allows employees to contribute pre-tax wages annually to pay for qualified medical expenses, but they will lose the balance not used at year's end.
Flexible spending accounts
Health reimbursement arrangements
Health savings accounts
Flexible savings accounts
Employee costs for health care services tend to be least with managed care plans, higher costs are associated with the consumer driven health plans and even higher costs are associated with fee-for-service plans
False p. 144 tricky because even higher are customer driven
Fee-for-service plans pay expenses according to a schedule of usual, customary and reasonable charges.
False It’s POSp. 145