A contractual agreement between a hospital and a corporation to pay the health care expenses of the corporation's employees is an example of a(n):

Question

Quizplus · Accepted Answer

A preferred provider organization (PPO)is characterized by a contractual agreement between a set of providers (e.g. ,hospitals,physicians,or clinics)and a purchaser (e.g. ,the corporation's insurance plan).Comprehensive health services are provided at a discount to the companies under contract.Enrollees are limited to a list of "preferred" hospitals,physicians,and providers.An enrollee pays more out-of-pocket expenses for using a provider not on the list.
A Medicare HMO is the same as a managed care organization (all care provided by a primary care physician)but designed to cover costs of senior citizens.
Private insurance is the traditional fee-for-service plan where payment is computed after services are provided based on the number of services used.
Third-party payment is when an entity (other than the client or health care provider)reimburses health care expenses.Third-party payers include insurance companies,governmental agencies,and employers.

A Contractual Agreement Between a Hospital and a Corporation to Pay