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5. There are two kinds of third-party payers; private insurers or public insurers. Describe the two...

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Finance

5. There are two kinds of third-party payers; privateinsurers or public insurers. Describe the two and give examples ofeach.

7. Understand the similarities and differences betweendifferent reimbursement methods, such as fee-for-servicereimbursement and capitation.

8. Explain the difference between cash accounting andaccrual accounting. How are the revenue recognition and matchingprinciples related?

9. What is the difference between operating and netincome?



Answer & Explanation Solved by verified expert
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5 Private insurers are privately run corporate insurance companies which and public insurers are governmentrun insurance funds for the public Differences are mostly in terms of premium design and customizable ability While public insurers have    See Answer
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5. There are two kinds of third-party payers; privateinsurers or public insurers. Describe the two and give examples ofeach.7. Understand the similarities and differences betweendifferent reimbursement methods, such as fee-for-servicereimbursement and capitation.8. Explain the difference between cash accounting andaccrual accounting. How are the revenue recognition and matchingprinciples related?9. What is the difference between operating and netincome?

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