Question

To contain costs, Medicare replaced the old payment system with a _______, which sets a price for every service based on expected costs. a. preferred provider organization b. managed care system c. point of service plan d. prospective payment system

Answer 1

Answer: D. Prospective payment system

Explanation: I got it right on the PF exam

Answer 2

The right answer for the question that is being asked and shown above is that: " d. prospective payment system." To contain costs, Medicare replaced the old payment system with a prospective payment system, which sets a price for every service based on expected costs.