Question

SG&A stands for:

Sales, Goods and Allowance

Sales, Governance and Administration

Sales, Governance and Activities

Strategy, Governance and Administration

All MCOs have a Board of Directors.

True

False

In many MCOs, the CEO/Executive director is usually responsible for the overall operations of the plan and the Medical Director is responsible for the QM, utilization management and medical policy.

True

False

A state has the ability to establish stricter privacy and policy requirements than originally set by HIPPA.

True

False

Marketing and sales departments provide the same function in a MCO.

True

False

Answer 1

1. SG& A full form is Selling , general and administrative expenses. So the nearest option which fulfills this abbrevation is b, i.e. Sales, governance and administration. So, by definition it nullifies option a, c and d.

2. It is true that all managed care organisations will have board of directors, who act as investors and co-ordinate with the Managed care organisations health care activities.

3. True. In most of the MCOs C.E.O/executive director takes responsibility for planning and execution of operations, while medical director takes care of Quality Management and medical policies.

4. True. Though HIPPA has been proposed by congress, it hasn't given compelte privacy rules, so a state can provide its own recommendations to frame more strict privacy and policy requirements.

5. False. Sales department works with distribution channels to bring new opportunities for bringing maaged care system to end users, whiel marketing department will work with sales department to get high end perspective about the market and creates marketing campaigns