A medical group includes a provision in its contract with an hmo to receive larger pmpm payments if the hmo members are chronically ill. this type of provision is referred to as a

Question

Xander Guzman

Business

24 February, 18:05

A medical group includes a provision in its contract with an hmo to receive larger pmpm payments if the hmo members are chronically ill. this type of provision is referred to as a

+1

Answers (1)

Know the Answer?

Fletcher Shields · Answer 1

It alludes as Adverse Selection. Adverse selection alludes to a circumstance where dealers have data that purchasers don't, or the other way around, about some part of item quality. On account of protection, an unfriendly determination is the propensity of those in risky occupations or high-hazard ways of life to get life coverage.