Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Goodpayer HMO assumes that each member makes 6 visits per year to a primary care physician (PCP). Furthermore, each PCP can handle 3,000 patient visits

Goodpayer HMO assumes that each member makes 6 visits per year to a primary care physician (PCP). Furthermore, each PCP can handle 3,000 patient visits per year. Finally, total compensation for a PCP is targeted at $200,000 per year. Using these data, what is the HMO's PMPM medical cost for PCP professional fees?

$31.67

$32.33

$32.67

$33.33

$33.67

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

Step: 3

blur-text-image

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

Listed Volatility And Variance Derivatives

Authors: Yves Hilpisch

1st Edition

1119167914, 978-1119167914

More Books

Students also viewed these Finance questions