HCS 440 Week 4 Health Care Economics Issues HMO Simulation.DOCX

HCS 440 Week 4 Health Care Economics Issues HMO Simulation

Review the Health Care Economics Issues HMO Simulation.
In the simulation, select either Construct it or E-editor for analysis to complete your paper.
As a representative of Castor Insurance, your job is to maximize profit and minimize risk for the company.
Prepare a 700- to 1,050-word paper in which you do the following:
• Present a profile of the chosen company. Include the following:
o Demographics of the employees
o Health care risk factors or potential areas of high utilization
o Premiums the company is willing to pay
• Based on your analysis of potential utilization, provide the following:
o At least two reasons why each plan could be selected
o State which plan to sell to your chosen company
 What are the reasons for this decision?
 Why did you decide against the other plans offered?
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