Case Study

Question 1 indemnification policy is a biyearly fabricatement of an various(prenominal) to a compevery; the company receives take over only promises to hide a specific potential approaching expiry on the part of the separate. A car owner whitethorn pay a specific amount for his car damages; the indemnification company will beca office shoulder all the expenses for recourse in case the car was damaged by an accident. Insurance also works in a health foreboding setting. The private pays periodically (called premiums) and the health headache insurance company will then shoulder the infirmaryization of the individual in case he gets harebrained (Landon, 2004). The specific future loss is the money gainful by the individual to the hospital or health consider validation while he was sick and the promise compensation is the allowance of hospital bills by the insurance company. Question 2 In tip for good is a stipend model in healthcare indust ry. A medical student received a specific payment for either service he rendered to his patient. The patient pays the doctor a specific shekels every time he visits the clinic. This is fee for service payment model. Fee for service is sometimes handled by a deuce-ace fellowship called insurance provider.

The patient pay the doctor every visit, he then collects the document and get them to the third party (the insurance provider) for reimbursement. Managed care is a depot used to unwrap a variety of techniques that aim to veer the cost and directs the use of goods and services of health benefits. Shortell (2005) defined manage care as any attempt to provide members health ca! re services at the lowest possible cost. This principle aims to influence health care expenditures. Managed care provides patients with several excerptions. These options include managed fee-for-service policy insurance; a preferred provider organization (PPO) option; or advance to all providers. Providers were paid based on fee-for-service, and enrollees have the monetary incentive (pay a lower premium) to use the PPO providers or step forward of the network...If you want to get a undecomposed essay, order it on our website: BestEssayCheap.com

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