Economics for Healthcare Managers, Third Edition
3rd Edition
ISBN: 9781567936766
Author: Robert H. Lee
Publisher: Health Administration Press
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Chapter 4, Problem 7E
To determine
Explain whether the person will accept the offer or not.
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Please write me a detailed answer in the following exercise. It is URGENT.
Thank you in advance.
the different treatment alternatives for drug and alcohol abuse. What are several strengths and weaknesses of each? Which treatment alternative do you believe is the most effective and why? What would be at least one improvement you would suggest for your preferred treatment alternative?
Assume you work at an insurance company.
Suggest a change you would bring to your
boss as a managed-care control aimed at
reducing the amount the company has to
pay out via reimbursements.
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Economics for Healthcare Managers, Third Edition
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- Urgent solution.arrow_forwardInsurance needs change throughout a person’s lifecycle because people’s needs change. True or Falsearrow_forwardPlease see attachment and type out the correct answer ASAP with proper explanation of it. Answer neatly. Will give you thumbs up only for the correct answer ASAP. Thank youarrow_forward
- How can you use Microsoft Excel and your agility and problem solving skills to understand the level of risk involved in selecting the appropriate insurance to achieve your goals. How will problem solving, productivity, technology, and agility help you achieve your personal and professional goals?arrow_forwardRobert decides to start working for the local ridesharing company. He has a large 12-passenger van and thinks he will be in big demand at the airport. He tells his personal car insurance company that he is driving for a ridesharing company, and he needs some additional insurance. He is denied additional coverage. Why? There is no such thing as ridesharing insurance. He lives in a state that doesn’t offer ridesharing insurance. The city he lives in is too small for him to qualify for ridesharing insurance. Many insurance companies will not insure high-occupancy vehicles under their ridesharing policies.arrow_forwardPlease give typed solution, don't use handwriting or notebook for solution. Todd is driving his SUV and Susan is a passenger. They are headingdowntown for dinner. Todd’s PAP policy has a Medical Payment limit of$10,000 per person. Susan’s PAP has a Medical Payment limit of $5,000 person. Todd is involved in an at-fault accident that results in Susan beinginjured and incurring $12,000 of medical expenses. How much in Medical Payments coverage would Todd’s PAP insurerpay? How much in Medical Payments coverage would Susan’s PAP insurerpay?arrow_forward
- Answer and explain your answer. Please do it correctly. I will rate accordingly.arrow_forwardWhat is an insurance premium?arrow_forwardSuppose you have $5,000 as a gift from your parents just after you graduate. You have a car, your great grandfather’s rare World War I commemorative badge collection and you quickly found a place to rent for a while. You work in a factory that has a history of workplace injury and you work near the conveyor belts and other giant machines. You are single and live by yourself. Based on this information, what types of insurance would you need to purchase? List each type you would need and explain in 1-2 sentences why.arrow_forward
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