The following statements are about the make-up and function of an HMO's board of directors.
Select the answer choice that contains the correct statement.
A.
The make-up of an HMO's board of directors is prescribed by state regulations and does not vary according to whether the plan is a for-profit or not-for-profit plan.
B.
The board of directors of a not-for-profit HMO is exempt from liability for its actions.
C.
An HMO's board of directors is not responsible for supervising the performance of its officers and outside advisors.
D.
A primary function of the board of directors is to approve and evaluate the organization's operational policies and procedures.
Chosen Answer:
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