Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

When commercial insurance companies entered the market for health insurance after World War II, the existing Blue Cross plans were at a competitive disadvantage because:

When commercial insurance companies entered the market for health insurance after World War II, the existing Blue Cross plans were at a competitive disadvantage because:image text in transcribed

the commercial plans used their superior political power to obtain favorable legislation.

the Blue Cross plans were organized as non-profit rather than for-profit entities.

the commercial plans used reimbursement formulas more favorable to the providers.

the Blue Cross plans used community rating instead of experience rating.

Question 8 4 pts When commercial insurance companies entered the market for health insurance after World War II, the existing Blue Cross plans were at a competitive disadvantage because: the commercial plans used their superior political power to obtain favorable legislation. the Blue Cross plans were organized as non-profit rather than for-profit entities. the commercial plans used reimbursement formulas more favorable to the providers. the Blue Cross plans used community rating instead of experience rating. Question 8 4 pts When commercial insurance companies entered the market for health insurance after World War II, the existing Blue Cross plans were at a competitive disadvantage because: the commercial plans used their superior political power to obtain favorable legislation. the Blue Cross plans were organized as non-profit rather than for-profit entities. the commercial plans used reimbursement formulas more favorable to the providers. the Blue Cross plans used community rating instead of experience rating

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Corporate Finance Theory And Practice

Authors: Aswath Damodaran

2nd Edition

0471283320, 9780471283324

More Books

Students also viewed these Finance questions