Answer the questions with meaningful responses.HMOs, PPOs, & POS plans1. Name some major differences and similarities between health maintenance organizations (HMOs), preferred provider organizations (PPOs) and point of service plans (POS)? Which product would you prefer? Why?Defined Benefits2. Explain defined benefits, cost sharing, and coverage limitations as they pertain to managed care. What are your thoughts on these key components of managed care?Textbook: Health Insurance and Managed Care: What They Are and How They Work, Kongstvedt, Peter, Jones and Bartlett Publishers. 2016. Edition: Fourth. ISBN: 978-1-284-04325-9.
