Question

Fee-for-service is a method of administering health insurance benefit payments which:

A) Provides fixed, pre-paid medical services
B) Reimburses the insured for all healthcare expenses
C) Requires co-payments for all medical services
D) Offers no coverage for outpatient services

Answer 1

Medical professionals are compensated based on the services they render under the fee-for-service method of managing health insurance benefit payments. It does not cover all medical costs for the insured or offer fixed, pre-paid medical services.

Step-by-step explanation:

Fee-for-service is a method of administering health insurance benefit payments where medical care providers are paid according to the services they provide. It does not provide fixed, pre-paid medical services or reimburse the insured for all healthcare expenses. However, it may require co-payments for medical services depending on the specific policy.