Health Care Economics Issues HMO Simulation

You are an executive for Caster Collins and asked to provide health care for two companies: Constructit and E-editor. The simulation has 3 parts you need to complete. However, this weekâ⚬➢s assignment is ONLY on part 1 of the simulation. The paper is only to be completed for Part 1. This assignment is more difficult than you might initially expect. When selecting the best option or no insurance coverage for Constructit or E-editor there are wrong answers, less than optimal answers and one correct (best) answer for each company. Please construct your paper with this in mind and make sure to fully support your decision. Remember, your paper is only on Part 1 and only one company, Constructit or E-editor. Review the Health Care Economics Issues HMO Simulation. Ú· Resource: Economic Issues Simulation Paper grading criteria on the student website. Ú· Select either Constructit or E-editor to analyze for your paper. Ú· Prepare a 1050- to 1400 paper in which you present a profile of the chosen company including the demographics of the employees, the health care risk factors (potential areas of high utilization), and the premiums the company is willing to pay. Ú· As a representative of Castor insurance, your job is to maximize profit and minimize risk for the company. Based on your analysis of potential utilization, give at least two reasons why each plan could be selected. Then state which plan you would select to sell to your chosen company? What are the reasons for this decision? Why did you not select the other plans offered?

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