Area and are considering becoming a physician f

Assignment Help Microeconomics
Reference no: EM13861992

You are a new physician setting up your own practice in a new town. You are researching the different MCOs offered in your area and are considering becoming a physician for one of these networks. You have also invited the sales representatives of several health plans to speak with you about the benefits of choosing their plans.

Based on the above scenario, answer the following questions:

  • What effects would joining a MCO have on your clinic regarding staffing, patient volume, and financial stability?
  • What policies and procedures should be used by the MCOs to reduce costs for their clientele?
  • Discuss the ethical issues or concerns about MCOs providing a lower quality of care compared to traditional fee-for-service (FFS) organizations?
  • What are some of the questions you would ask each representative about his or her company's specific plan that will help you make a decision?
  • Do you believe that the evolution of MCOs and consumer driven health plans (CDHPs) has affected the healthcare environment today by integrating the financing and delivery of healthcare services? If yes, how?
  • How have the roles and relationships between physicians and patients changed by each of these types of plans?

Reference no: EM13861992

Questions Cloud

How people interact in markets : Principles of Economics, and the specific discussion areas include the economic principles that guide how people make economic decisions (choices), how people interact in markets, and how the economy as a whole works.
Determine the sign of the income and cross-price elasticity : Suppose the demand function for some good X is given by QDx = 1000 - 5Px + 3Py + 12M, where QDx is the quantity of x demanded, Px is its price, Py is the price of good Y, and M is average consumer income. This good is normal and goods X and Y are sub..
Budget constraint-opportunity cost of food in terms of gas : Jim sees commuting by bus and T as perfect substitutes (U = T + B), that is, he would exchange one commute by bus for one commute by T. The price of a bus ticket is $1.50 and the price of a T ticket is $2.00.  Explain the relationship between the slo..
Draw graph to show consumer surplus in the separated markets : Create a column that computes point elasticity for each price - Draw a graph to show consumer surplus in the separated markets?
Area and are considering becoming a physician f : You are a new physician setting up your own practice in a new town. You are researching the different MCOs offered in your area and are considering becoming a physician for one of these networks. You have also invited the sales representatives of sev..
Effective interview preparation techniques include : Effective interview preparation techniques include practicing answers to possible questions
The firm produce in order to maximize profit? : Suppose in the short run a perfectly competitive firm has variable cost = 6q2, and MC = 12q where q is the quantity of output produced.  Also, the firm has fixed cost F = 6144.  a) If the market price of the product is $336, how much output should th..
Paper about portfolio management in efficient market context : Write a paper about Portfolio Management in an Efficient Market Context. These should almost be big concept topic sentences that allow you to develop each section around the topic.
Evaluate reflux ratio : Reconsider the Methanol Water Distillation. If the feed stream contains 60 mol % methanol, reevaluate reflux ratio, number of stages required, and the column diameter.

Reviews

Write a Review

Microeconomics Questions & Answers

  Two methods can a less developed country use for

What two methods can a less developed country use to finance its economic development. internal financing & debt rescheduling or else.

  Assume a marginal propensity to consume

Assume a marginal propensity to consume (MPC) of 0.75. If the government increases spending by $20 billion, what will be the ultimate impact of this action in total spending in the economy.

  The signature t-shirts company

The signature T-shirts Company

  Describe role played by expansion in the government sector

Write a half page to a page about yourself, graduate classes you have take , your statistics/econometrics background

  Unemployment rate does not fluctuate around

Do you believe that the unemployment rate does not fluctuate around a fixed natural rate? Or does it instead fluctuate around a moving target which can be influenced with policy actions of the fed?

  Critics of the minimum wage

Critics of the minimum wage discuss that as an antipoverty device it is "poorly targeted." By this they mean that:

  Consequence of the problem of scarcity

People expected that a tax cut was temporary, then this fiscal policy's effect on the economy will tend to be and the economy is at equilibrium at Point B. What would expansionary fiscal policy do

  Value of all goods and services produced in the economy

"GDP is the best possible measure of well-being since it measures the value of all goods and services produced in the economy." Do you agree or disagree with this statement? Why?

  Problem 1 an individual has to choose between investment a

problem 1. an individual has to choose between investment a and investment b. the individual estimates that the income

  Income elasticity of demand for hormone

Explain and show graphically how this market would be affected if there is an increase in the number of dairy farmers that produce hormone free milk and at the same time south african consumers chose to be more healthy?

  Explain market demand and market supply

In a competitive market, the market demand is Qd = 400 - 5P and the market supply is Qs = 10P - 80. A price ceiling of $32 will result in a. a shortage of 80 units b. a shortage of 44 units

  Examine a perfectly competitive firm

"Perfect Competition" Please responds to the following: Examine a perfectly competitive firm that you have recently purchased a product from, focusing specifically on how it relates to the characteristics of the market.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd