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Select either Constructit or E-Editor to analyze for your paper. Prepare a 1, to 1,word paper in which you present a profile of the chosen company, including the demographics of the employees, the health care risk factors or potential areas of high utilization, and the premiums the company is willing to pay.
As a representative of Castor Insurance, your job is to maximize profit and minimize risk for the company. Based on your analysis of potential utilization, provide at least two reasons why each plan could be selected. Then state which plan you would select to sell to your chosen company.
What are the reasons for this decision? Why did you not select the other plans offered? The expected value benefits are associated with health, productivity, and reductions in future medical costs.
The opportunity costs are associated with medical care, follow-up, time, and pain of the patient. The key to maximizing costs is to find the optimum margin of additional benefit that will just offset the marginal cost so there is no change in net gain Getzen Allen,p.View Essay - week 4 Individual Assignment Economic Issues Simulation Paper from HCS at University of Phoenix.
Running head: ECONOMICS ISSUES 1 Economics Issues HCS/ . HCS Week 4 Individual Assignment Economic Issues Simulation Paper. Economic Issues Simulation Paper Jamie Ruth HCS 6/25/ 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 . Hcs Week 4 Economic Issues Simulation Paper. Economic Issues Simulation Paper HCS/ University of Phoenix Individuals are encouraged to get insured, which serves as their proactive assurance of the possible risks that they may face in the future.
HCS week 4 Individual Assignment Economic Issues Simulation Paper For more course tutorials visit timberdesignmag.com Individual Assignment: Economic Issues Simulation Paper • Review the Health Care Economics Issues HMO Simulation. Experience a week at Ashford.
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