Asked by Megan Moinipour on Jun 14, 2024
Verified
All of the following are designed to reduce health care expenses for consumers except
A) HMOs.
B) PPOs.
C) the DRG payment system.
D) the fee-for-service system.
DRG Payment System
The Diagnosis-Related Group (DRG) payment system is a method used by Medicare and some other insurance programs to categorize hospitalization costs and determine how much to pay for a patient's hospital stay.
Fee-For-Service System
A pricing structure where services are itemized and each is charged individually.
Health Care Expenses
The costs associated with medical care, including treatments, medications, hospital stays, and other related expenses.
- Understand the function of insurance within the healthcare system, encompassing its impact on both healthcare expenses and utilization.
Verified Answer
Learning Objectives
- Understand the function of insurance within the healthcare system, encompassing its impact on both healthcare expenses and utilization.
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