Discuss AHIP AHM-520 Exam Topic 3 Question 62

A health plan can use cost accounting in order to

ADetermine premium rates for its products

BMatch the costs incurred during a given accounting period to the income earned in, or attributed to, that same period

CBoth A and B

DA only

EB only

FNeither A nor B

Suggested Answer: A

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16 comments · newest first

Thea 12 months ago

A only makes sense to me.

Kirby 1 year ago

Wait, can it really do both? Sounds too good to be true.

Johnathon 1 year ago

Definitely both A and B!

Portia 1 year ago

I think it’s more about matching costs and income.

Aileen 1 year ago

Cost accounting helps set premium rates, for sure!

Pearly 1 year ago

I vaguely remember a practice question that was similar, and it seemed like both A and B were correct in that context.

Lucia 1 year ago

I feel like both A and B make sense together, especially since they relate to financial performance.

Derrick 1 year ago

I think matching costs to income is really important too, but I can't recall if that was part of the exam focus.

Bong 1 year ago

I remember we discussed how cost accounting helps in setting premium rates, but I'm not sure if that's the only purpose.

Tawna 1 year ago

I'm a bit confused by this question. I know environment variables are important, but I'm not sure how they specifically apply to the Solaris operating system. I'll have to do some quick research to refresh my memory.

Oneida 1 year ago

This seems straightforward. I think the answer is C - provide a public function that assigns a value to the private data member. That way, the consumer can access and modify the data member through the public function.

Alease 1 year ago

Hmm, I'm not totally sure about this one. Dumpster diving sounds like the right approach, but I want to double-check the other options just to be safe.

Sherita 1 year ago

I kinda recall that comorbidity affects treatment plans, but I'm confused if that relates back to the severity described in option C or the presence in D.

Maybelle 1 year ago

It could be that all of those factors contributed, so maybe "All the above" is the right choice?

Edda 1 year ago

This question is tricky! I think we had a similar one in class, and I chose "pattern" there, but that might be different.

Letha 1 year ago

I'm feeling pretty confident about this one. The Aviatrix Gateways option seems like the most comprehensive solution that meets all the stated goals.

AHIP AHM-520 Exam - Topic 3 Question 62 Discussion