contains HCS 440 Week 4 Individual - Economic Issues Simulation Paper General Questions - General General Questions Review the Health Care Economics Issues HMO Simulation exercise posted on your student web page. Follow the Wk 4 WEB LINK “Understanding Economic Issues for HMO’s”. This exercise is for your learning experience only. Do not post any screen short from the exercise as part of your assignment. Economic Issues Simulation Paper Prepare a 1‚050- to ‚1400 paper in which
Premium Health care World Wide Web Health insurance
Economic Issues Simulation Eric Massingill HCS/440 April 2‚ 2014 Jennifer Jenson Economic Issues Simulation Castor Collins Vice President Mary Mulanax has been asked to come up with a strategy and financial plan for the corporation. The duties she is faced with is setting pricing plans and insurance premiums for companies and their work force. During this time Castor Collins has been approached by two different companies looking to get insurance for their work force. The companies have a set
Premium Management Risk Risk management
Economics Issues Simulation Paper HCS/440 – Economics: The Financing of Health Care August 15‚ 2011 Ms Kathie Iaconetti Economic Issues Simulation The purpose of a managed care organization is to coordinate the costs and delivery of health care. A managed care organization oversees money spent on labor‚ technology‚ and facilities such as physician offices and hospitals. A type of managed care organization is a Health Maintenance Organization (HMO). A HMO “provides medical care for all its
Premium Health care Economics Health insurance
. Economics Simulation Paper Tremise Lane-Jackson HCS/440 January 29‚ 2014 Brian A. Dufrene R. Ph MBA In today’s work world it is makeup of diverse individuals which strives towards a successful outcome. However‚ working for a small or large company‚ individuals are looking forward to meeting the needs of the organization. In order to meet the needs of the organization‚ employees are to be in rivalry with hourly and salary wages. In additions to the hourly and salary wages‚ individuals
Premium Management Employment Economics
Economic Issues Simulation Paper HCS/440 January 23‚ 2012 Charles Sigmund Health care economics studies such issues as demand for medical care‚ pharmaceutical prices‚ competition among health care providers and insurers‚ and financing of health care services. Castor Collins has put together a plan which will help solve many issues facing the organization. The plan is built to maximize profit for the company and minimize the risk of poor choices provided to individuals who will
Premium Health care Medicine Health economics
Economic Issues Simulation Paper Jamie Ruth HCS 440 6/25/2013 Marcia Smith Economic Issues Simulation Paper As a representative of Castor Insurance‚ the job is to maximize profit and minimize risk for the company. Healthcare is a high in demand good that the consumers of any job wants and needs to have. So it is very important to chose the right kind of healthcare for your employees. The two companeys in question Constructit and E-editors need to
Premium Health insurance Medicine Health care
Economic Issues Simulation Paper HCS 440 – Economics: The Financing of Health Care Economic Issues Simulation Paper Health care system has evolved tremendously in the last few years‚ with many changes with the health care laws including but not limited to Universal Health Care‚ many individuals have choices when it comes to their coverage. According to healthcare.gov‚ in January of 2015‚ an employer with 50 or more full time employees will have to make an Employer Shared Responsibility
Premium Health insurance Insurance Health care
Economic Issues Simulation Economic Issues Simulation: Constructit Constructit is a company which does not presently have any employees with health insurance benefits. The company employs 1000 people and are willing to fund annual premiums as long as they can pay $4‚000 per person. The employees comprise of 550 men and 450 women‚ ranging in ages 26 to 45. Furthermore‚ the workers 57% of the workers range from high activity to moderate activity while the 43% that remain are in predominantly
Premium Health insurance Medicine Cancer
EVAL – Economic Issues Simulation Paper – Grade Points 25 pts. EVAL: * Prepare a 1050- to 1400 paper in which you present a profile of each company including the demographics of the employees‚ the health care risk factors (potential areas of high utilization)‚ and the premiums the company is willing to pay. Apply each plan‚ Castor Standard and Castor Enhanced to each company‚ Constructit and E-editor‚ to determine which plan best meets the healthcare needs of the employees – ignore Dearden
Premium Risk Demographics Logic
Economic Issues Simulation 440 June 3‚ 2013 Janine Lewis Economic Issues Simulation Health Maintenance Organizations (HMOs) have an important role to their patients and their health care providers. Castor Collins Health Care Plan was found in the year of 1999‚ in Pantome. This particular HMO service provide health care insurance and health care services to a variety of physicians and hospitals. This company used the capitation idea for compensation to pay its health care providers
Premium Health care Health insurance Medicine