Case Study #1 – Which Insurance is best? For each scenario below, pick the health insurance...

Case Study #1 – Which Insurance is best?

For each scenario below, pick the health insurance that would best meet their needs and provide your justification. The insurance options you have to choose from is provided here in the 2020 Benefits Guide.

Scenario 1: Marc Jacob, who lives in South Florida just got a new job and he needs to enroll in health insurance. He has 90 days to make his selection. Marc is a 30-year-old male, with no underlying health conditions. He does travel for his job. He usually travels for about a week and then works at the office when he is not traveling. What health insurance plan should he enroll in that would provide him with the best coverage? Thoroughly provide your justification and keep in mind the items listed below.

Think about the contracted service areas (i.e., state only or nationwide)
Coverage for individual versus family
Annual deductibles
Copays
Monthly premiums

Scenario 2: Arya Stark is married with 4-year-old twin boys and lives with her family in South Florida. She recently got a new job as a Director of Operations of a large healthcare organization. She has 90 days to make her healthcare insurance selection. She does travel on occasion for business, but she also takes family trips during the summer when her kids are out of school. Her husband is a diabetic and also a cancer survivor, but herself and her kids are healthy individuals with no underlying health conditions. The twins are active with sports and are involved with swimming, martial arts and gymnastics. What health insurance plan should she enroll in that would provide her and her family with the best coverage? Thoroughly provide your justification and keep in mind the items listed below.

Think about the contracted service areas (i.e., state only or nationwide)
Coverage for individual versus family
Annual deductibles
Copays
Monthly premiums

Have a list of references in correct format at the end of the paper.

Solutions

Expert Solution

Scenario 1: Coverage for Individual - Monthly Premiums - Nationwide

In case of Marc Jacob, Since he is a single male and has just started working he should opt for Insurance with monthly premium only for himself i,e individual. As he is also required to travel for his job he should consider the option of Contracted Service area to be nationwide.

Monthly premium would be best as he has just started working

Scenario 1: Coverage for Individual - Monthly premium - Nationwide

& Coverage for Family - Monthly premium - State only.

In case of Arya stark mother of 2 young kids and wife of a husband suffering from cancer, she should consider coverage for herself based on monthly premium and as she travels for her job the insurance should be nationwide.

And for her family she should consider monthly premium only for state as her family doesn't travel.

Monthly premium would be best as she has just started working

jeff jeffy answered 1 year ago

Next > < Previous

Related Solutions

Case Study 2 Case scenario: Which Form Is Best? Watoma Kinsey and her daughter Katrina are...

Case Study 2 Case scenario: Which Form Is Best? Watoma Kinsey and her daughter Katrina are about to launch a business that specializes in children’s parties. Their target audience is upscale families who want to throw unique, memorable parties to celebrate special occasions for their children between the ages of 5 and 15. The Kinseys have leased a large building and have renovated it to include many features designed to appeal to kids, include many features designed to appeal to...

Case Study- Read the case study scenario, answer the questions below, and explain the rationale for...

Case Study- Read the case study scenario, answer the questions below, and explain the rationale for your answer. Glenna, age 38, lost leg function during a motor vehicle accident at age 16. She plays basketball at the community center and teaches aerobic classes for wheelchair-bound people three times a week. She manages a medical equipment rental business since her husband died. Business is not profitable. A physician’s referral was made to the public health department for a developmental assessment. A...

Case Study- Read the case study scenario, answer the questions below, and explain the rationale for...

Develop a 1- to 2-page case study analysis in which you: Based on the scenario. Explain...

Develop a 1- to 2-page case study analysis in which you: Based on the scenario. Explain why you think the patient presented the symptoms described. Identify the genes that may be associated with the development of the disease. Explain the process of immunosuppression and the effect it has on body systems. Scenario 3: A 34-year-old Hispanic-American male with end-stage renal disease received a kidney transplant from a cadaver donor, as no one in his family was a good match. His...

Which study design is best to minimize confounders--cohort or case-control?

Which system of health insurance best serves the needs of the general population: a fee for...

Which system of health insurance best serves the needs of the general population: a fee for service model or a managed care model? What are the four models of financing health care? Describe each How has the federal government tried to solve increased access to government-funded health care? How do physicians get reimbursed? How does capitation payment free insurers of risk?

Scenario. A health psychologist conducted a study of the relation of number of hours exercised each...

Scenario. A health psychologist conducted a study of the relation of number of hours exercised each week (as the predictor variable) and number of days sick per year. The results for four individuals studied were as follows. DATA Weekly Exercise Hours Sick Days Per Year 5 6 4 7 0 10 8 5 10 3 2 4 1 8 1.The scale of measurement for the ONE variable is ___________. Select from Nominal, Ordinal, Interval, Ratio 2.The scale of measurement for...

Case Study 1. Locate and research a Case Study for Long Term Care Insurance Fraud. Summarize...

Case Study 1. Locate and research a Case Study for Long Term Care Insurance Fraud. Summarize the case study. Which party committed the fraud and explain with specific facts why it may or may not have been fraudulent? Describe the consequences either party endured due to the fraudulent act. You can start your research using the following websites: http://www.irs.gov http://library.cw.edu/ The report should be of 2 pages and submit your document in a Word format.

Case 3 Antiock Hardware: An Inventory Case Study This case study presents a scenario where an...

Case 3 Antiock Hardware: An Inventory Case Study This case study presents a scenario where an error in the inventory valuation, that may prove to be significant, was found by the external auditor of a large wholesale hardware distributor during the course of their audit. Since the objective of all audit clients is to obtain an unqualified opinion, the case focuses on the ability of the client to correct the error to the extent possible and the procedures the external...

Case scenario: Which Form Is Best? Watoma Kinsey and her daughter Katrina are about to launch...

Case scenario: Which Form Is Best? Watoma Kinsey and her daughter Katrina are about to launch a business that specializes in children’s parties. Their target audience is upscale families who want to throw unique, memorable parties to celebrate special occasions for their children between the ages of 5 and 15. The Kinseys have leased a large building and have renovated it to include many features designed to appeal to kids, include many features designed to appeal to kids, including special...

Subjects