Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Midwest Healthcare is a managed care plan submitting a premium bid to Vandelay Industries, a large manufacturer in its service area. The premium bid includes
Midwest Healthcare is a managed care plan submitting a premium bid to Vandelay Industries, a large manufacturer in its service area. The premium bid includes primary care for all Vandelay employees. Vandelay has provided information about the age and gender of its employees, and Midwest Healthcare has identified average primary care utilization rates from its databases. This information is shown below:
Vandelay Industries
Average primary care
Age band
Number of Males
Number of Females
Visits per year Males
Visits per year Females
Primary care physicians can each handle about patient visits per year, for which they are paid $
What primary care rate PMPM will Midwest Healthcare propose to Vandelay Industries?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started