Question

A key concept of health insurance is premium sensitivity. Describe the general process for premium computations...

A key concept of health insurance is premium sensitivity. Describe the general process for premium computations in US healthcare insurance. Briefly explain employee premium sensitivity and how do employees typically respond to changes in health insurance premiums?

0 0
Add a comment Improve this question Transcribed image text
Answer #1

Health insurae is noto viousy expnsive ond compliratad in the USheve. hea lth care provides a basic level oCoverage to all ci

Add a comment
Know the answer?
Add Answer to:
A key concept of health insurance is premium sensitivity. Describe the general process for premium computations...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Problem 2: Health Insurance. Describe why health insurance providers typically of- fer "high deductible, low premium"...

    Problem 2: Health Insurance. Describe why health insurance providers typically of- fer "high deductible, low premium" and "low deductible, high premium" insurance pack- ages.

  • Discuss the general concept of insurance and its general principles. Describe the various type of private...

    Discuss the general concept of insurance and its general principles. Describe the various type of private health insurance options, pointing out the differences among them.

  • Write a paper about The Anatomy of Care, and explain: Describe key leadership principles Demonstrate how...

    Write a paper about The Anatomy of Care, and explain: Describe key leadership principles Demonstrate how the principles can be applied in real world Incorporate the principles of governance, leadership, and management in order to create a vision that will empower fellow employees, foster collaboration amongst staff and create a successful healthcare environment geared towards patient care. Explain how these positive changes will alter the course of actions and guide decision making for the participants.

  • Chapter 10, Health Care Financing What does finance of the health care system include? What makes...

    Chapter 10, Health Care Financing What does finance of the health care system include? What makes the U.S. health care system unique? Describe the insurance system? What is insurance? What are premiums? What are cost-sharing mechanisms? Explain them Copayments Deductibles Co-Insurance Define public health insurance. Give examples of public insurances in the U.S. What is private health insurance? Privately financed health care Give examples of the private insurances. Health insurance - is it a commodity or a right in the...

  • Health care planners could be more effective and efficient if they used the concept of the...

    Health care planners could be more effective and efficient if they used the concept of the natural history of disease and the levels of prevention to design services that intervene at the weakest link in the chain of progression of specific diseases. Instead, most focus on high-technology solutions to preventable problems. Assess the characteristics of the medical care culture that encourage the latter approach. Hospitals and other health care institutions, whether voluntary or for-profit, need to be financially solvent to...

  • 1. Describe the concept of body composition. Describe, in some detail, how exercise can reduce obesity...

    1. Describe the concept of body composition. Describe, in some detail, how exercise can reduce obesity and improve body composition. Provide two specific examples of how exercise can be made more safe/fun/enjoyable for children. 2. Describe 2 benefits of strength training for the older population. Why should at-risk older adults be closely supervised in strength-training programs? Describe the factors that might contribute to a loss of strength and flexibility as adults age. 3. Explain the developmental changes that occur in...

  • 1. Open Process Control (OPC): Why do most SCADA vendors include OPC in their systems? Describe, briefly, the concept o...

    1. Open Process Control (OPC): Why do most SCADA vendors include OPC in their systems? Describe, briefly, the concept of (and relationship between) OPC groups and items. 2. a. Describe a typical cyber attack that could be launced specifically against a Power Station SCADA system (not a network in general).                        Discuss three security issues to be addressed in SCADA installations.                    What is, in your opinion, the minimum (physical) placement for a firewall in a SCADA system? (Note: not configuration)

  • Aflac Insurance Company InformatIon: Aflac is a Fortune 500 insurance company founded in 1955 by three...

    Aflac Insurance Company InformatIon: Aflac is a Fortune 500 insurance company founded in 1955 by three brothers, John, Paul and Bill Amos. Today, Aflac employs more than 4,500 people and has more than 71,000 licensed independent agents throughout the United States and Japan. The following is an excerpt from the New York Stock Exchange business summary. “Aflac Incorporated is a general business holding company and acts as a management company, overseeing the operations of its subsidiaries by providing management services...

  • A health insurance company knows that there are two types of customers (smokers and non-smokers), each...

    A health insurance company knows that there are two types of customers (smokers and non-smokers), each facing different health risks. The probabilities of getting sick and the healthcare costs in the case of illness for the two customer types is given in the table below. Group Healthcare costs Probability of getting sick Smokers $1200 50% Non-smokers $1200 20% Assume that each customer has a monthly income of $1600 and has a utility function given by U(x)=sqrt(x), where x is the...

  • Assignment Description The Health Insurance Portability and Accountability Act (HIPAA) regulations directly affect the delivery of...

    Assignment Description The Health Insurance Portability and Accountability Act (HIPAA) regulations directly affect the delivery of health care services in the United States. For this paper, you will research HIPAA regulations and discuss the controls the federal government has put in place to protect personal health information. Your paper should cover all of the following: Describe HIPAA and its purpose in relationship to delivering health care services. Analyze the HIPAA Privacy Rule. Discuss the general rule for patient authorization. •...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT