What factors should Amy and John evaluate

Assignment Help Other Subject

Reference no: EM131844093

Case Facts: Amy and John have had excellent medical expense coverage under their employer's traditional indemnity medical expense plan. Each is covered separately and pays a monthly premium of $45. However, the cost of the plan to their employer has skyrocketed and the current plan is being eliminated. They will now have a choice of three alternative plans with the following monthly costs:

- An HMO with a monthly employee cost of $30

- A point-of-service plan with a monthly employee cost of $75

- A PPO plan with a monthly employee cost of $130

- Amy and John see the same primary care physician and are in excellent health. Although John is willing to change physicians if necessary, Amy would prefer not to. She also would be very reluctant to change her gynecologist. Both are aware of the need to visit specialists because Amy's mother recently had breast cancer and John's mother has diabetes. Amy and John value their ability to visit a specialist of their choice.

Case Analysis: What factors should Amy and John evaluate in selecting a new medical expense plan?

Reference no: EM131844093

Questions Cloud

Futures contract hedge ratio depends : A futures contract hedge ratio depends on all of the following except

What is the required rate of return on the stock : What is the required rate of return on the stock if the current market price is $28?

What changes were Kyle and Harrison trying to make : What changes were Kyle and Harrison trying to make? How did these changes affect the beliefs, attitudes, or value of the players?

What is the value of the short position in forward contract : A stock is expected to pay a dividend of $1.50 per share in one months and in 4 months. What is the value of the short position in the forward contract?

What factors should Amy and John evaluate : Amy and John have had excellent medical expense coverage under their employer's traditional indemnity medical expense plan.

Shareholders thought the value of investments was growing : With Enron, shareholders thought the value of their investments was growing, but the reality is that fraudulent actions were taking place.

Compute the current price of stock : Compute the current price of the stock (P0).

Defining strengths and area of opportunity : A section that explores your own strengths and area of opportunity in innovative leadership skills, and how they help or hinder your ability to support.

What is the probability that an approaching auto must wait : Cars arrive at a parking lot entrance at the rate of 20 per hour. The average time to get a ticket and proceed to a parking space is two minutes.

User Account

All Pages