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Sunday, September 15, 2013

Health Care Economics Issues Hmo Simulation

Week 4 soundlyness C atomic add together 18 political economy Issues health maintenance brass section Simulation Name University of Phoenix economic science: The Financing of Health C ar HCS440 instructor date Health Cargon Economics Issues HMO Simulation In 1997, stovepipe Collin Health insurance Company was set up in Plattsburg, New York. It states health maintenance organization (HMO) excogitates to companies and organizations. thither are twain large(p) companies who to vying to get the contract for their employees and looked front to see the big work out topper collins was deprivation to offer them. These 2 companies are named Constructit and E-editor respectively. They desire c oerage for their employees and are seeking policies that are affordable as well. In hostel to qualify, they have to bring home the bacon the demographics, health risks and maximum premiums negotiated by their notice of directors. Castor Collins has offered ternary diff erent plans to show for these two companies. In couch to decide which one is the suitable plan for each confederation, Castor Collins decided to review the companys information. This way, they coffin nail make sure they financial obligation is low and at the same time meet the Constructit and E-editors employees needs. Castor Collins has decided to offer pattern Standard, jut out Enhanced, and Plan Enhanced Major as the collar insurance plans for these companies.
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The three insurance plans Castor Collins has to offer is beaver pelt standard, silk hat compound, and dress hat enhanced minor. The silk hat plan and the castor enhanced plan offer the same case of go with little price different. The biggest difference betw! een these two plans is the castor standard plan does not cover pre-existing conditions and the castor enhanced plan does cover pre-existing conditions. The castor enhanced minor plan is different from the other as well because one can exclude particular coverage, such as mental health/substance abuse, sterilization and obesity. Looking over the Constructit Company they have 1000 employees working for them. The people at...If you motivation to get a full essay, order it on our website: OrderEssay.net

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