Assignment Instructions
Instructions:
With the current trends in health care, to include rising health care costs, your employer has received a lot of information and needs your help in making sense of it all. This is the information they have so far:
There are four types of plans: Major medical, qualified health plans, catastrophic plans, and gap (short-term) plans.
The have some familiarity with the major medical plans: health maintenance organizations (HMO), preferred provider organizations (PPO), exclusive provider organization (EPO), point-of-service plans (POS), and high-deductible plans (HDHP).
..but this is where it ends and the confusion starts. They thought (1) Major medical and qualified health plans were the same thing; and, (2) Catastrophic plans were only for those organizations that are self-insured or maybe it is for when there is a tornado or something. More puzzling to them is why they would even need to consider gap insurance.
Written on August 19th, 2020 by
Health Care Coverage
Posted in APA (edition "APA 6"), Business and Management