Explain the differences between traditional indemnity insurance
and managed health care. Should insurance companies dictate
reimbursement rates for various medical tests and procedures in an
attempt to keep prices down?
D1. List and explain three methods that managed care companies
try to reduce their costs. For each method, do you think that this
reduces moral hazard (that is, excessive usage), or that it reduces
quality, or both?
D2. Why do you suppose that people do not enter into their own
pooling arrangements, given that the insurance company can charge
hefty loading costs?
MANAGED CARE AND HEALTH INSURANCE PROJECT Pros and Cons of
Managed Care in America Students will submit their Managed Care
Project in APA format Introduction: Students will submit a one
paragraph introduction of the topic they will be discussing. Body
of the Paper will include the following. Explain your topic in
detail. Define the Challenges and Problems with your topic. What
are recommended solutions to the challenges and problems? Are there
any implementation to solve the challenges and problems? What...
. As health insurance costs and the number of disabled employees
increase, more companies are firing these employees. A survey of
723 employers found that 195 dismiss employees as soon as they go
on long-term disability.
Construct a 95% confidence interval for the proportion of
employers who dismiss employees as soon as they go on long-term
disability.
Construct a 99% confidence interval for the proportion of
employers who dismiss employees as soon as they go on long-term
disability.
Which interval...
A large number of companies are trying to reduce the cost of
prescription drug benefits by requiring employees to purchase drugs
through a mandatory mail-order program. Suppose a large national
retail company is considering requiring a mandated mail order
program. The company is concerned about employee attitude and
satisfaction levels and wishes to determine employee attitude
regarding such a mail order prescription program. The company will
move to the mail order system if more than 50% of the surveyed
employees...
A large number of companies are trying to reduce the cost of
prescription drug benefits by requiring employees to purchase drugs
through a mandatory mail-order program. Suppose a large national
retail company is considering requiring a mandated mail order
program. The company is concerned about employee attitude and
satisfaction levels and wishes to determine employee attitude
regarding such a mail order prescription program. The company will
move to the mail order system if more than 50% of the surveyed
employees...
Managed care plans tend to lower health care costs, yet the
level and growth of managed care premiums are similar to those of
traditional fee-for-service insurance plans. How can that be
explained?
Explain how communication and education to consumers differs by
generations when marketing managed care health insurance plans.
a. Consider why it is important to communicate and educate
differently between generations.