A system financed primarily through retrospective fee-for-service insurance reimbursement is: A. A closed system. B. An...

A system financed primarily through retrospective fee-for-service insurance reimbursement is:

	A.	A closed system.
	B.	An open-ended system.
	C.	A cost-plus system
	D.	Both B and C.

Expert Solution

Correct option: (B) An open ended system

Reason: An open ended insurance system is one where in a retrospective fee-for-service insurance reimbursement is used to finance the insurance plan.

Rahul Sunny answered 3 years ago

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