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2 years ago

The type of payment structure that PPOs usually offer in their contracts with providers is called

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1 answer:

Nataliya [291]2 years ago

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The type of payment structure that PPOs usually offer in their contracts with providers is called Discount fee.

<h3>What is preferred provider organization?</h3>

This is an insurance service that is designed for health.

Individual, family can register under this plan to get a discounted health treatment. There is usually an agreement on this plan.

Therefore, The type of payment structure that PPOs usually offer in their contracts with providers is called Discount fee.

Learn more on insurance below

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In a study of helicopter usage and patient survival, among the 56,074 patients transported by helicopter, 235 of them

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Using the hypergeometric distribution, it is found that the probability is 0.845 = 84.5%.

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The patients are chosen from the sample without replacement, which means that the hypergeometric distribution is used to solve this question.

Hypergeometric distribution:

The probability of x successes is given by:

$P(X = x) = h(x,N,n,k) = \frac{C_{k,x}*C_{N-k,n-x}}{C_{N,n}}$

The parameters are:

x is the number of successes.
N is the size of the population.
n is the size of the sample.
k is the total number of desired outcomes.

Combination formula:

is the number of different combinations of x objects from a set of n elements, given as:

$C_{n,x} = \frac{n!}{x!(n-x)!}$

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56074 patients, thus $N = 56074$
Sample of 40, thus, $n = 40$
235 left against medical advice, thus, $k = 235$ .

The probability that none left against medical advice is P(X = 0), so:

$P(X = x) = h(x,N,n,k) = \frac{C_{k,x}*C_{N-k,n-x}}{C_{N,n}}$

$P(X = 0) = h(0,56074,40,235) = \frac{C_{235,0}*C_{55839,40}}{C_{56074,40}} = 0.845$

The probability is 0.845 = 84.5%.

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