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Which of the following statements about insurance plans and premium rate setting is most correct? Although premiums may be set using several different methods, healthcare
Which of the following statements about insurance plans and premium rate setting is most correct? Although premiums may be set using several different methods, healthcare providers are all paid on a per member per month basis. A single method is used to set premium rates: the fee-for-service approach. O A single method is used to set premium rates: the cost approach. Insurers set premium rates to include both the costs of providing healthcare services and the costs of providing (administering the insurance plan, including profits
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