What are the distinguishing characteristics of a health maintenance organization (HMO)? How do HMOs differ from...
What are the distinguishing characteristics of a health maintenance organization (HMO)? How do HMOs differ from other insurers operating in the health insurance industry?
This is for my Healthcare Economics class
Homework Answers
Answer: The health maintenance organization is a provider of healthcare professionals and facilities. It develops the network of the physicians who can also provide better healthcare facilities. This organization is mostly a medium through which companies provide healthcare facilities and benefits to their employees. It differs from other insurance plans in many ways as this organization has a organized physician who provides better facilities to the patients. It is mainly given by the companies to their employees so it is pocket-friendly and many healthcare issues may resolve. Other insurance covers some of the specific treatment only but this HMO does not need any health claims to be submitted.
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What are the distinguishing characteristics of a health
maintenance organization (HMO)? How do HMOs differ from...
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