We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

Types of Health Insurance Plans - Case Study Example

Comments (0)
Summary
The paper "Types of Health Insurance Plans" describes that there are different types of health insurance plans designed to meet specific needs of an employee or employees. Specifically, the most common in the market is embedded in a network of providers in order to benefit from the economies of scale. …
Download full paper
GRAB THE BEST PAPER
Types of Health Insurance Plans
Read TextPreview

Extract of sample
Types of Health Insurance Plans

Download file to see previous pages... Offering a health insurance plan helps in retaining and attracting quality workers. Accordingly, this results in a higher productivity and customer satisfaction. Additionally, a health insurance makes employee accept better benefits instead of a higher salary. Consequently, this reduces the organizational expenditure and provides more financial resources for development (Morrisey, 2008). Furthermore, a health benefit decreases absenteeism and improves the workers’ health and morale. As a result, the workers are more willing to offer better services that assist the firm in realizing its objectives.
On the other hand, such a benefit is expensive for the organization, considering its small size and sources of finance. Additionally, the administrative cost of designing and implementing such a plan is very expensive for the business (Morrisey, 2008). Furthermore, the current cost of insurance policies is increasing, making it less viable and an expensive endeavor for the organization. For this reason, any mistakes made in the benefit plans can lead the team to serious legal problems that might lead to costly charges or regulatory fines.
There are different types of health insurance plans designed to meet specific needs of an employee or employees. Specifically, the most common in the market is embedded in a network of providers in order to benefit from the economies of scale. Some of the available plans include the exclusive provider organization, health maintenance organization, a point of service, and the preferred provider organization (Morrisey, 2008). The most desirable and cost-effective plan for the organization is the Preferred Provider Organization. Specifically, this is because the method is cost effective as it allows members of the network to pay less when the employees use services from the providers within the network.
The Preferred Provider Organization is network specific, and the employees do not pay for the plan.  ...Download file to see next pagesRead More
Comments (0)
Click to create a comment
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Health Insurance Paper
This rise outweighs the rise in income and is not in line with the current inflation. On average, an American pays close to $7,000 dollars per year in health insurance cost, while a citizen in the next-highest-developed country pays $ 3,000. One would think that the cost is justified by good Medicare given to US citizens but this is not the case.
4 Pages(1000 words)Research Paper
Health Insurance Essay
He finally died from lack of medical attention. This is an example given by president Obama in an article on the time where he was discussing the importance of health reforms. This is just one of the many examples of how difficult life can be when people cannot afford medical care in America.
3 Pages(750 words)Essay
Distributive Justice - Health Insurance
All this is based on the international human rights cannon and the international covenant on social and economic rights, which states, “every human being is entitled to the enjoyment of the highest attainable level of physical and mental health” (Pavlos, 2012, p.
3 Pages(750 words)Essay
Workers Without Health Insurance
This paper will discuss the issue of health care provision through provision of medical cover to workers. It will also dwell on the implications of lack of insurance for workers in the U.S leading to people becoming medically disenfranchised. It will also look at the disparities that arise as a result of high cost of insurance covers in the modern society and how this will affect other sectors like the economy, education, aging population and other social implications by linking the relationship between nursing and medical cover policies and systems.
9 Pages(2250 words)Essay
Health insurance
Therefore the grievance is not timely. The union had to file grievances in five days from January 1, 2003. The union negotiated with the employer regarding the financial difficulties and health insurance program in good faith and cooperation. The negotiations came to an end when it became clear that the employer was in process of violating the contract.
2 Pages(500 words)Essay
Health Insurance
According to the report health insurance companies primarily offer wide range of health care plans and the customers are supposed to choose from the plans that best suit them. The risk initiation and the amount of premium depend upon such chosen plans. The apt governing structure should have an efficient CEO&MD at the top.
6 Pages(1500 words)Essay
Health insurance
sed through advertisements are more often than not intended to persuade the target population into using more of the product or service being advertised. These advertisements must be prepared and presented in such a way that they are captivating and caries most of the
2 Pages(500 words)Essay
Health Insurance
in understanding how health care is financed and how health insurance influences patients and providers as important foundational information for your role as a future health care worker. Fill in the following matrix. Each box must contain responses between 50 and 100 words
5 Pages(1250 words)Coursework
Employee Health Insurance Plans
Particularly, the measures of performance were restricted to the adult health and the children and adolescents care. The adult health was given more emphasis out of the assumption that not all
3 Pages(750 words)Assignment
Health insurance in UAE
The aim of introducing the health insurance scheme is to reduce expenditures by the government of UAE on health costs. Also, health care schemes boost the quality of medical care while reducing the government expenditures. Health insurance schemes boost the insurance companies
3 Pages(750 words)Essay
Let us find you another Case Study on topic Types of Health Insurance Plans for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us