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"Managed Care" Please respond to the following: Assume the role of a consultant advising a benefits manager for a local telecommunications organization. The company is self-funded and has 25,000 employees, dependents, and retirees eligible for health benefits. The employees are currently enrolled in a managed PPO plan administered by a commercial insurer. The employer's health plan costs have increased by 15% over the prior year. Therefore, leaders are considering more cost effective options.
Identify at least three (3) managed care options that the organization would consider to be cost effective. Next, compare the three (3) options and make a recommendation based on your comparisons.
What is the difference between data and information? Why is the distinction important? Identify and describe the characteristics and costs of useful information.
Big Lu knows he can sell at least 15,000 cases, but he wonders if that will be enough to cover the fixed costs of the machinery and setup. These costs have been estimated at $300,000. Should Big Lu make the cases in house or purchase them from China?..
describe and explain how ethics played a major role in a public relations campaign in either a positive or negative way.
Compose a check sheet to collect the frequency of occurrence of these habits. Using your check sheet, visit a busy traffic light intersection at four different times of the day, with two of these times being during high-traffic periods (rush hour,..
You are quite concerned that you now have a big order of 64,000 widgets next month and want to hire some temps to make all 64,000 widgets next month. So, you'll have the extra labor start on the first and work the normal 20 days. Assume that these..
The ACME Company has recorded the following data for one of its new products over a six-month period. What would the July and August forecast have been if made at the end of June, using exponential smoothing with α = .3 and a forecast for June of 125..
Astro Industries of Minneapolis, MN, makes weekly shipments to 20 customers in the Dallas area. Each customer’s order weighs, on average, 1,500 pounds. A direct truck shipment from Minneapolis to Dallas costs $1,800. The maximum load per truck is 40,..
Explain the difference between explicit and implicit costs of production. Explain the reasoning behind the U-shaped, long-run, average cost curve.
In the article from Forbes 0 to 60 what business owners need to know about capitial gains describes useful ideas that will help you learn more about capital gains and how this tax regime can impact business decisions. After reading this article, dete..
Netflix in 2012: Can It Recover From Its Strategy Missteps? What is the competition like in the movie rental industry (answer by applying the five-forces model). Identify and describe forces you see that are driving change in the movie rental industr..
What does it mean to put earnings at risk? List the potential costs and benefits of placing a substantial percentage of pay at risk for all employees in the following types of organizations: a hospital, a restaurant, a brokerage firm, and a fashion d..
The time spent with all her patients by a physician has a bell-shaped distribution with a mean of 14 minutes and a standard deviation of 3 minutes. Using the Empirical Rule, find the percentage of patients with whom this physician spends less tha..
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