You now hold a position of power in our health care system. (You choose which position.) What three changes could you realistically attempt to make so that health care would be provided more ethically? Justify your decisions. Please write up to a page response.

. You are working in Human Resources for a large corporation. The Chief Risk Officer (CRO) mentions to you that the cost of providing employee benefits continues to trend higher, and is seeking solutions. What are some possible changes that can be made to the employee benefits package that would help keep costs under control?

Find the following values, using the equations, and then work the problems using a financial calculator to check your answers. Disregard rounding differences. (Hint: If you are using a financial calculator, you can enter the known values and then press the appropriate key to find the unknown variable. Then, without clearing the TVM register, you can "override" the variable that changes by simply entering a new value for it and then pressing the key for the unknown variable to obtain the second answer. This procedure can be used in parts b and d, and in many other situations, to see how changes in input variables affect the output variable.) Do not round intermediate calculations. Round your answers to the nearest cent.

1. An initial $700 compounded for 1 year at 4%.

   $   

2. An initial $700 compounded for 2 years at 4%.

   $   

3. The present value of $700 due in 1 year at a discount rate of 4%.

   $   

4. The present value of $700 due in 2 years at a discount rate of 4%.

   $   

Find the following values, using the equations, and then work the problems using a financial calculator to check your answers. Disregard rounding differences. (Hint: If you are using a financial calculator, you can enter the known values and then press the appropriate key to find the unknown variable. Then, without clearing the TVM register, you can "override" the variable that changes by simply entering a new value for it and then pressing the key for the unknown variable to obtain the second answer. This procedure can be used in parts b and d, and in many other situations, to see how changes in input variables affect the output variable.) Do not round intermediate calculations. Round your answers to the nearest cent.

a. An initial $300 compounded for 1 year at 6%. $

b. An initial $300 compounded for 2 years at 6%. $

c. The present value of $300 due in 1 year at a discount rate of 6%. $

d. The present value of $300 due in 2 years at a discount rate of 6%. $

Use both the TVM equations and a financial calculator to find the following values. (Hint: If you are using a financial calculator, you can enter the known values and then press the appropriate key to find the unknown variable. Then, without clearing the TVM register, you can "override" the variable that changes by simply entering a new value for it and then pressing the key for the unknown variable to obtain the second answer. This procedure can be used in parts b and d, and in many other situations, to see how changes in input variables affect the output variable.) Do not round intermediate calculations. Round your answers to the nearest cent.

a. An initial $500 compounded for 10 years at 3%. $

b. An initial $500 compounded for 10 years at 6%. $

c. The present value of $500 due in 10 years at a 3% discount rate. $

d. The present value of $500 due in 10 years at a 6% discount rate. $

Which of the following statements about evaluating a single project where costs occur before benefits is FALSE?

Group of answer choices

A. In an NPV profile that shows how NPV changes when cost of capital changes, NPV equals zero when the project discount rate equals IRR.

B. In general, the difference between the cost of capital and the internal rate of return (IRR) is the maximum amount of estimation error in the cost of capital estimate that can exist without altering the original decision.

C. If you are unsure of your cost of capital estimate, it is important to determine how sensitive your analysis is to errors in this estimate.

D. The internal rate of return (IRR) can provide information on how sensitive your analysis is to errors in the estimate of your cost of capital.

E. If the cost of capital estimate is more than the internal rate of return (IRR), the net present value (NPV) will be positive.

Careforall, The mayor of sickcity, claimed that his residents are very elastic and highly sensitive when the price of preventative care changes but not so sensitive when the price of inpatient care changes. To prove her point she referred back to the RAND studies. She claimed that the results of a replicated study in her town are shown below

Plan Average # of preventative care visits Average # of inpatient visits

Free 3.2 0.126

25% 2.54 0.122

50% 2.10 0.118

Careforall claimed that the best solution for her city is to provide free health care for all. The insurance companies replied that they will not be able to provide such a service. As a health adviser, you need to draft a proposal where you can design a health coverage that will be optimum for the citizen and provide insurance companies with a profitable market. Assume that the average cost of a preventative visit is $75 and the average cost of an inpatient care is $2700 and that the current plan ask patients to contribute 25% of the cost as a copay.