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AHIP AHM-520 Exam - Topic 5 Question 85 Discussion

Posted by Willard on Apr 23, 2024 at 03:06 AM

The Poplar Company and a Blue Cross/Blue Shield organization have contracted to provide a typical fully funded health plan for Poplar's employees. One true statement about this health plan for Poplar's employees is that

Suggested Answer: B

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30 comments · newest first
AL
Alonzo 11 months ago
Just to clarify, fully funded means Poplar pays premiums, right?
MA
Margot 11 months ago
D sounds surprising, are they really covering all admin costs?
AN
Annamae 12 months ago
C seems off, Blue Cross isn't the sponsor.
KE
Kerrie 12 months ago
I think B is more accurate, they share the risk.
PA
Patti 1 year ago
A is definitely true, Poplar takes all the risk!
IV
Ivan 1 year ago
I don't think the insurer becomes the sponsor just by accepting premiums, so option C seems off to me. I might go with A or D instead.
KI
Kip 1 year ago
I recall a practice question that mentioned shared risk in some plans, but I thought fully funded meant the employer takes all the risk, so I'm confused about option B.
CA
Carry 1 year ago
I'm not entirely sure, but I feel like we discussed how the insurer typically takes on the risk in these arrangements, which makes me lean towards option D.
JU
Justine 1 year ago
I think I remember that in a fully funded plan, the employer usually bears the financial risk, so option A might be correct?
LE
Leota 1 year ago
I've seen similar questions before, so I have a general idea of how to approach this. Time to put my knowledge to the test.
MI
Micah 1 year ago
The wording of the options is tricky, I'll have to read them closely to determine the correct answer.
CR
Crista 1 year ago
Okay, I need to focus on the key details about the contract between Poplar and Blue Cross/Blue Shield.
FR
France 1 year ago
Hmm, I'm a bit unsure about the financial risk aspect here. Let me think this through carefully.
JA
Jackie 1 year ago
This question seems straightforward, I think I can handle it.
DE
Deeann 1 year ago
Okay, I've got this. Tier 2 providers typically have a public transit relationship with Tier 1 providers, so I'm going to go with option A.
LE
Lettie 1 year ago
Okay, let's see here. I think it has something to do with how the system handles creating vulnerability groups, but I'm not entirely sure which property controls that.
TR
Tresa 1 year ago
I remember we talked about needing a data file in CSV format for BAT. I think that might be one of the steps.
RO
Rolf 1 year ago
Option B seems like the most logical choice to me. I mean, if Poplar was bearing all the risk, why would they need to contract with Blue Cross/Blue Shield in the first place?
EV
Eva 1 year ago
Haha, this question is a real brain-teaser! I bet the test writers are just trying to trip us up. But I think I've got it - the answer is B.
TA
Tamesha 1 year ago
Hmm, I'm not sure. I was leaning towards option A, but now I'm second-guessing myself. I guess I'll have to review the material again.
NI
Nickie 1 year ago
↳ replying to Tamesha
I'm not sure either. Let's review the material together to figure out the correct answer.
HA
Han 1 year ago
↳ replying to Tamesha
I believe option B is the right choice. Poplar and Blue Cross/Blue Shield share the financial risk.
SH
Sheron 1 year ago
↳ replying to Tamesha
I think option A is correct. Poplar bears the entire financial risk if services exceed premiums.
LU
Ludivina 2 years ago
I think the correct answer is B. Poplar and the Blue Cross/Blue Shield organization share the financial risk of paying for claims under Poplar's health plan. This makes sense since it's a fully funded plan.
SH
Shala 1 year ago
↳ replying to Ludivina
That's true, sharing the financial risk would benefit both Poplar and the Blue Cross/Blue Shield organization.
SH
Shelia 1 year ago
↳ replying to Ludivina
Yes, it makes sense that both parties would share the financial risk.
PA
Paris 1 year ago
↳ replying to Ludivina
I agree, option B seems like the most logical choice.
ST
Stanford 2 years ago
But if Poplar bears the entire financial risk, wouldn't that mean option A is correct?
TR
Trina 2 years ago
I disagree, I believe the answer is B.
ST
Stanford 2 years ago
I think the answer is A.
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