6
QuizMultiple Choice

Health Insurance

Question 6 • 26-27 Ignite Financial Literacy Personal Finance - EL3403

Which of the following health care programs will wait to pay their share of medical coverage until after treatment is provided?

Answer
A
fee-for-service plan
B
health managed organization
C
preferred provider organization
D
point-of-service plan

Explanation

In a fee-for-service plan, the patient receives care first, and the plan pays its share of the bill afterward. This matches “fee-for-service plan.” HMOs generally use prepaid arrangements, while PPOs and point-of-service plans focus on provider choices and cost-sharing.

AI-written and checked against the verified answer.

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