All of the following statements about preferred provider organizations are correct EXCEPT:

A) they offer health care coverage to low-income individuals.

B) they offer health care services to their members at discounted rates that are negotiated in advance.

C) they operate on a fee-for-service rendered basis.

D) physicians who are part of a PPO are in private practice.

Answer: A) they offer health care coverage to low-income individuals.

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The voluntary relinquishment of a legal right is called
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