Economics Issues Simulation Paper HCS/440 – Economics: The Financing of Health Care August 15‚ 2011 Ms Kathie Iaconetti Economic Issues Simulation The purpose of a managed care organization is to coordinate the costs and delivery of health care. A managed care organization oversees money spent on labor‚ technology‚ and facilities such as physician offices and hospitals. A type of managed care organization is a Health Maintenance Organization (HMO). A HMO “provides medical care for all its
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Economic Issues Simulation Eric Massingill HCS/440 April 2‚ 2014 Jennifer Jenson Economic Issues Simulation Castor Collins Vice President Mary Mulanax has been asked to come up with a strategy and financial plan for the corporation. The duties she is faced with is setting pricing plans and insurance premiums for companies and their work force. During this time Castor Collins has been approached by two different companies looking to get insurance for their work force. The companies have a set
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Ethical Issues Ethical Issues In this paper the author will explain his point of view from the simulation. He will discuss the decisions made in the simulation. He will describe his perspectives and lenses found in the simulation. And finally he will discuss concepts that relate to his situations on the job. The lab got behind on a few projects and did not finish testing a particular product until it was sent out to stores. When the lab did tests‚ they found a contaminate in the product. All
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paperwork contains HCS 440 Week 4 Individual - Economic Issues Simulation Paper General Questions - General General Questions Review the Health Care Economics Issues HMO Simulation exercise posted on your student web page. Follow the Wk 4 WEB LINK “Understanding Economic Issues for HMO’s”. This exercise is for your learning experience only. Do not post any screen short from the exercise as part of your assignment. Economic Issues Simulation Paper Prepare a 1‚050- to ‚1400 paper
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Economic Issues Simulation Understanding Economic Issues for HMO’s Castor Collins Health Plan is a regional Health Maintenance Organization that has been contracted to provide health care coverage for Constructit and E-Editors. Castor Collins has to expand the coverage for another employee group by the name of Dearden. It is Castor Collins Health Plan’s goal to provide the necessary coverage‚ and still make a profit. At the time of renewal‚ Dearden’s policy will need to be reviewed and modified
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industry not only reflects the nature of health care‚ but also its origins in 1930’s. According to Investopedia‚ “The HMO Act of 1973 helped to cement the HMO into the U.S. health system by providing grants to start or expand HMO’s. This plan helped‚ “Remove many restrictions imposed by the individual states‚ and required employers with more than 25 employees to offer a federally-certified HMO to employees”(Investopedia). Policies focused only on health insurance sectors reform may yell some results‚ but
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Case HMO Pharmacy Crisis Assignment How do you think John should approach this problem‚ using what he has just learned? Assume that John really pick up a solid understanding of the concepts and tools of statistical thinking in the course. Background Juan de Pacotilla‚ a manager at a health maintenance organization (HMO)‚ is about to be terminated because of inaccurate prescriptions. Pacotilla has asked a pharmacy assistant‚ John Dover‚ to assist because of his experience. A statistical consultant
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Running Head: COMPARISON HMOS and PPOS PAPER 1 COMPARISON HMOS and PPOS PAPER Eve Birdine-Epps MHA628: Managed Care & Contractual Services Instructor: Gary Hanney December 4‚ 2012 COMPARISON HMOS and PPOS PAPER 2 Introduction The transformation of medical marketplace has major implications between two surging managed care plans. Preferred
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HMO or PPO HMO or PPO The rising costs of medical care in the 1920’s were the start of Americans needing health care insurance. The first type of Health Management Organization (HMO) insurance was a prepaid insurance for the lumber mill workers in Tacoma Washington (Difference and Comparison‚ n.d.). It consisted of the lumber mill and the employees paying each month for insurance in the event they may need health care in the future. This was successful that in 1929 Ross-Loos Medical group
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Game Simulation that helps to have a view on new threats and opportunities. Many companies lack of unethical acts and behaviors‚ which results in the loss of stakeholders shares. Rethinking a company’s purpose in terms of societal needs can help to differentiate from competition‚ promote public trust‚ and increase stakeholder value. A company needs to have their mind set to do "good"‚ not just to do "well". This leads to the decision‚ which the simulation experience changes the existing shelved products
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