The Risk Charge represents the error arising from estimating a known variable

Objective probabilities that can be stated prior to the occurrence of an event are:

A) deterministic or probabilistic. B) subjective or objective. C) classical or a priori. D) relative or subjective.

Under older group medical expense plans, physicians were paid a fee for each covered service and were reimbursed on the basis of reasonable and customary charges, up to a maximum limit. These older group medical expense plans were called

A) service medical plans. B) managed care plans. C) point-of-service plans. D) indemnity plans.