Ellis pays his insurance company a monthly premium of $120 and
has a $750 deductible. Once Ellis meets his deductible, his
insurance company will pay 80% of his medical bills and Ellis is
responsible for paying the remaining amount (i.e., 20%). In this
system, physicians provide services to patients and they get
reimbursed from the insurance company for the full amount of the
services they provide to their patients. Moreover, in this system,
insurance doesn’t usually pay for routine checkups so there isn’t
much incentive for patients to engage in preventative care. In this
example, what type of health insurance does Ellis have?
HMO
PPO
Fee for service
Managed care
Ellis pays his insurance company a monthly premium of $120 and has a $750 deductible. Once Ellis meets his deductible, h
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