Calculate the current years spending by category

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Your job – from the available facts, calculate the current year’s spending by category and in total. Then, calculate the expected spending next year assuming no changes are made to the plan. Finally, show the optimal mix of PPO, HMO and HDHP members in order to minimize total expense to the health system. Keep in mind, the incentives given to employees to choose a lower cost option should be considered a cost.

Reference no: EM131001180

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