Ace the Florida Insurance Claims Adjuster Test 2026 – Jumpstart Your Adjusting Adventure!

Question: 1 / 400

A selected group of hospitals and doctors in a given area who have joined together to reduce medical costs is known as:

A Professional Practitioner Group

An HMO

A Health Managed Hospital

A PPO

A A Professional Practitioner Group is a group of physicians who practice together as a group. They do not necessarily work together to reduce medical costs.

B: An HMO, or Health Maintenance Organization, is a type of health insurance plan that typically requires members to select a primary care physician and receive referrals for specialty care. While they may negotiate reduced rates with providers, their primary focus is on managing patients' overall healthcare.

C: A Health Managed Hospital is not a commonly used term. It is possible that this option may have been intended to be "Managed Care Organization," which is a type of health plan that contracts with healthcare providers to manage and reduce costs. However, this would still not be the most accurate answer.

D: A PPO, or Preferred Provider Organization, is a type of health insurance plan that allows members to see providers outside of their network, but at a higher cost.

Get further explanation with Examzify DeepDiveBeta
Next Question

Report this question

Download Florida Insurance Claims Adjuster License Practice Exam PDF Study Guide
Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy