Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

2. Private health insurance-Comparison of plans and providers In the United States, private health insurance plans can be written as group or individual plans, or

image text in transcribed
image text in transcribed
image text in transcribed
2. Private health insurance-Comparison of plans and providers In the United States, private health insurance plans can be written as group or individual plans, or as indemnity or managed care plans. Comparing Private Insurance Plans Madeline is able to secure health insurance because she is member of the electrician's union. This is an example of insurance plan. Indemnity, or fee-for-service, plans and managed care plans cover medical expenses if you are sick or injured, but in different ways. The following questions examine the general differences between the two plans. Taking a closer look at how these plans provide coverage will help you begin to custombe a heaith care plan that best suits your requirements. Now that you've faken a closer look, at the defferences between these types of plans, consuer the foliowing statemerts, Each indicates common preferences and situations: Select the type of plan to which each statement most closely aligos. (IPA HMOs) preferred provider organizabens (FPOs), exclusive provider ergsnizations (Epov), and peint -of-service (Fos) plans. Deciding which parocular type of practice would best meet your needs requires knowng the major characteristics of each. Identify the particular focm of provate heath cave organization of pian described by the forpang three civet. Identify the particular form of private health care organization or plan described by the following three clues. Clue \# 1: I can receive medical services from both in-network and out-of-network doctors and hospitals. Clue \# 2: Services provided by out-of-network providers are covered by the plan but I will incur a greater cost for using them. Clue #3:1 will pay an annual deductible for this plan, and my covered costs will be reimbursed or paid to the provider, up to ao\% of their total, once the annual deductible has been met. The organization or plan being described is a POS plan an IPA HMO a PPO a Blue Cross/Blue Shield plan 2. Private health insurance-Comparison of plans and providers In the United States, private health insurance plans can be written as group or individual plans, or as indemnity or managed care plans. Comparing Private Insurance Plans Madeline is able to secure health insurance because she is member of the electrician's union. This is an example of insurance plan. Indemnity, or fee-for-service, plans and managed care plans cover medical expenses if you are sick or injured, but in different ways. The following questions examine the general differences between the two plans. Taking a closer look at how these plans provide coverage will help you begin to custombe a heaith care plan that best suits your requirements. Now that you've faken a closer look, at the defferences between these types of plans, consuer the foliowing statemerts, Each indicates common preferences and situations: Select the type of plan to which each statement most closely aligos. (IPA HMOs) preferred provider organizabens (FPOs), exclusive provider ergsnizations (Epov), and peint -of-service (Fos) plans. Deciding which parocular type of practice would best meet your needs requires knowng the major characteristics of each. Identify the particular focm of provate heath cave organization of pian described by the forpang three civet. Identify the particular form of private health care organization or plan described by the following three clues. Clue \# 1: I can receive medical services from both in-network and out-of-network doctors and hospitals. Clue \# 2: Services provided by out-of-network providers are covered by the plan but I will incur a greater cost for using them. Clue #3:1 will pay an annual deductible for this plan, and my covered costs will be reimbursed or paid to the provider, up to ao\% of their total, once the annual deductible has been met. The organization or plan being described is a POS plan an IPA HMO a PPO a Blue Cross/Blue Shield plan

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Issues In Finance And Monetary Policy

Authors: J. McCombie ,C. Rodríguez González

1st Edition

0230007988,0230801498

More Books

Students also viewed these Finance questions