Economics For Healthcare Managers
4th Edition
ISBN: 9781640550483
Author: Robert H. Lee
Publisher: Health Administration Pr
expand_more
expand_more
format_list_bulleted
Question
Chapter 5, Problem 13E
To determine
Calculation of the cost of visit from the perspective of the society, the patient, and the insurer.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solutionStudents have asked these similar questions
David Herbert earns $2,475 a month as a security guard for Baldwin Enterprises. His group
medical insurance costs $3,300 a year. The company pays 80% of the cost of group insurance.
How much is deducted each month from his paycheck for medical insurance?
differentiate needs from wants in healthcare
What are the pros and con of having a promotion /pay system at an organization like a hospital?
Knowledge Booster
Similar questions
- Is Healthcare like any other commodityarrow_forwardHealth insurance is aarrow_forwardIn today’s healthcare environment, what are two or three changes that have been most upsetting to employees. If you have not or do not work in healthcare, talk about a change at your job that has been difficult or easy to manage. How did you deal with the change?arrow_forward
- How is healthcare affected by current Budgetary restrictions in Englandarrow_forwardWhat are different types of managed care Plans in terms of operation/definition and cost control functions Does managed care have cost saving features?arrow_forwardWhat would be a fixed or variable expense for a hospital?arrow_forward
- What differentiates for-profit and nonprofit healthcare organizations financially?arrow_forwardHow can insurance companies offer a guarantee to pay for certain medical expenses? How do they determine the appropriate premium to charge?arrow_forwardGive typing answer with explanation and conclusionarrow_forward
- Identify how different people and demographics have been affected by telehealth? Has the impact been proportional?arrow_forwardHow do economic principles impact healthcare decision making and planning?arrow_forwardA radiology firm charges $2,000 per exam. Uninsured patients are expected to pay list price. How much do they pay?arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
- Economics Today and Tomorrow, Student EditionEconomicsISBN:9780078747663Author:McGraw-HillPublisher:Glencoe/McGraw-Hill School Pub CoManagerial Economics: A Problem Solving ApproachEconomicsISBN:9781337106665Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike ShorPublisher:Cengage Learning
Economics Today and Tomorrow, Student Edition
Economics
ISBN:9780078747663
Author:McGraw-Hill
Publisher:Glencoe/McGraw-Hill School Pub Co
Managerial Economics: A Problem Solving Approach
Economics
ISBN:9781337106665
Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:Cengage Learning