Answered step by step
Verified Expert Solution
Question
1 Approved Answer
You are trying to establish a PMPM rate for Primary Care Physicians. Actuarial estimas project 2,500 visisits per 1,000 memebers per year. You have contracted
You are trying to establish a PMPM rate for Primary Care Physicians. Actuarial estimas project 2,500 visisits per 1,000 memebers per year. You have contracted with a Primary Care Medical group at $45.00 per visit. A $5.00 copayment will be paid byt he member to you for each visit. What PMPM rate should you set? Is it.
A. 11.25
B. 9.38
C.10.40
D. 8.33
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