Multiple Choice
One typical difference between a for-profit health plan's board of directors and a not-for-profit health plan's board of directors is that the directors in a for-profit health plan
A) Can serve on the board for a period of no more than ten years, whereas the terms of service for a not-for-profit board's directors are usually unlimited by the director's age or by a preset maximum number of years of service
B) Must participate in raising capital for the health plan, whereas a not-for-profit board's directors are prohibited from participating directly in raising capital for the health plan
C) Are directly accountable to shareholders, whereas a not-for-profit board's directors are accountable to plan members and the community
D) Are not compensated for board participation, whereas a not-for-profit board's directors are compensated for board participation
Correct Answer:

Verified
Correct Answer:
Verified
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