Which of the following statements accurately describes a health maintenance organization (HMO)?
A) It is not required to be approved by the state before offering services to its subscribers.
B) It arranges for health care services for its members on a prepaid basis.
C) It does not organize or deliver health care services.
D) It provides health insurance coverage specifically to people who cannot obtain coverage from insurance companies.
Answer: B) It arranges for health care services for its members on a prepaid basis.
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