Question

In terms of Medicare supplement insurance, which of the following means expenses of health maintenance organizations associated with the delivery of health care services which expenses are analogous to incurred losses of insurers?

a) Incurred loss expense
b) General expenses
c) Health care expenses
d) HMO Expenses

Answer 1

HMO expenses are expenses of health maintenance organizations associated with the delivery of health care services. These expenses are similar to incurred losses of insurers because they represent the costs incurred by HMOs in providing health care services to their members.Option d.

Step-by-step explanation:

HMO expenses means expenses of health maintenance organizations associated with the delivery of health care services which expenses are analogous to incurred losses of insurers.

These expenses are similar to incurred losses of insurers because they represent the costs incurred by HMOs in providing health care services to their members. Just like insurers incur losses when they pay out claims, HMOs incur expenses when they provide health care services. Option d.