Question
In: Operations Management
how do you provide effective medical benefits while also controlling the cost?(about individual health insurance)
how do you provide effective medical benefits while also controlling the cost?(about individual health insurance)
Solutions
Expert Solution
Effective medical benefits are provided basically by government with financial support from hopsital chains and also through direct frun from government side. Also the mployers also provided medical coverage to their employers. Health is wealth. By keeping this success mantra in every aspect the money spend on medical benefit will give in return through good health and productivity of an individual which inturn give more financial benefit to the economy. The individual health benefit plans also become benefit during any treatment time whee the individual can make use of the coverage and save money for the treatment or any sort of illness, operations or accident. It protec the individual from spending lot of money for that and it will; get covered from the benefit of insurance through the premium the person paid according to the plans.
keosha answered 2 years agoRelated Solutions
how do you provide effective medical benefits while also controlling the cost?(about individual health insurance)
how do you provide effective medical benefits while
also controlling the cost?(about individual health insurance)
How would you suggest the United States reduce the cost of medical health insurance? Why do...
How would you suggest the United States reduce the cost
of medical health insurance?
Why do you think the United States has not adopted the
approach to health care as Canada, France, and much of the
developed world?
Compare and contrast group health insurance and individual health insurance. Provide examples to illustrate how these...
Compare and contrast group health insurance and individual
health insurance. Provide examples to illustrate how these coverage
plans are similar and how they are different.
Provide a thorough comparison of the “cost-controlling” health insurance plans. Clearly identify the advantages and disadvantages...
Provide a thorough comparison of the “cost-controlling”
health insurance plans. Clearly identify the advantages and
disadvantages of each system for patients and health care
providers.
Provide valuable thought about controlling health hazards in construction industry such as controlling the spread of...
Provide valuable thought about controlling health hazards in
construction industry such as controlling the spread of viruses and
diseases like Coronavirus disease in construction industry and
answer following related points:
1- What are management's roles, actions and strategy that should
be?
2- What kind of new, modern or advanced trainings that should be
introduced for controlling this hazard?
3- What is the effect of these epidemics on the insurances of
construction companies?
4- How can construction companies play control role...
Discuss the reasons that employers provide their employees benefits (health insurance, life insurance, pension benefits) in...
Discuss the reasons that
employers provide their employees benefits (health insurance, life
insurance, pension benefits) in addition to monetary
compensation.
Do you think it is easy to purchase health insurance and do you think the cost...
Do
you think it is easy to purchase health insurance and do you think
the cost is too high for some lower income families?
Medical coding and billing is a significant element that benefits; health insurance companies, healthcare providers and...
Medical coding and billing is a significant element that
benefits; health insurance companies, healthcare providers and
institutions, patients, and public health. Explore the benefits of
these four areas.
Benefits Plus is health insurance company that pays medical and hospital claims of the policy holders....
Benefits Plus is health insurance company that pays medical and
hospital claims of the policy holders.
In order to have their claims processed, policy holders must
submit a claim form. All claims are either mailed or presented in
person to Benefits Plus' Claims Processing Department. Claims forms
are first checked by claims screening clerks and any incomplete
forms are returned to the claimant for completion. Details of those
incomplete forms which are returned by mail are first entered in a...
Benefits Plus is health insurance company that pays medical and hospital claims of the policy holders....
Benefits Plus is health insurance company that pays medical and
hospital claims of the policy holders.
In order to have
policyholder’s claims processed,
policy holders must submit a claim form. All claims are either
mailed or presented in person to Benefits Plus' Claims
Processing Department. Claims forms are first checked by
Claims Screening Clerks and any incomplete forms
are returned to the claimant (policyholder) for completion. Details
of those incomplete forms which are returned to the policy holder
are first...
ADVERTISEMENT
ADVERTISEMENT
Latest Questions
- Use the bond term's below to answer the question Maturity 7 years Coupon Rate 4% Face...
- What experience have you had with Organization Development or with Change Management? Describe the organization, the...
- 1. Renfro Rentals has issued bonds that have a 12% coupon rate, payable semiannually. The bonds...
- Given an array of positive integers a, your task is to calculate the sum of every...
- Define “culture.” Software is defined by the Merriam-Webster Dictionary as "the programs that run on a...
- In humans, hypotrichosis (sparse body hair) is a rare autosomal recessive condition. Let h = hypotrichosis...
- Increase all of the listing prices by 5% for all listings under $500,000 and 10% for...
ADVERTISEMENT