Employers pay a fixed annual free to an HMO to cover a majority of their employees' medical costs.

Name: Employers pay a fixed annual free to an HMO to cover a majority of their employees' medical costs.
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This statement is true. Employers pay a fixed annual fee to a Health Maintenance Organization (HMO) to cover a majority of their employees' medical costs. This fee is typically lower than traditional insurance premiums but requires employees to seek medical care from a network of approved providers.

Employers Pay a Fixed Annual Free to an HMO to Cover