Reference no: EM131909292
Part I
Consider the four health plans below with an eye to choosing one to offer to the company''s employees. Assume that the health plans and their annual per employee premiums are as follows:
Health Plan
|
Premium, Individual |
Premium, Family |
| Aetna Health |
$4,555 |
$11,428 |
| MetroPlus |
$4,267 |
$10,540 |
| Empire |
$4,217 |
$10,767 |
| Oxford |
$6,029 |
$13,417 |
The employer will pay 80% of the premium for individual coverage, and the employee will pay the remaining 20% as well as the entire additional premium for family coverage. (The premiums listed above, while realistic in magnitude, are hypothetical and computed solely for the purpose of this project.) All of the plans are managed care plans. Assume that the benefit package is the same across all plans, so there is no difference between them in what services are covered.
In addition to the above data, click here to access the latest report for ''Health Plan Comparison in New York State''. Review the online report and incorporate relevant information into your evaluation.
You can view the various categories of measures on which health plans are rated. A summary chart that presents the performance (usually as a percentage score) of each plan in the group on the relevant measures and how each plan compares to regional and statewide scores.
Provide an analysis that outlines the plan you selected and why. Generally, you would select the plan with the highest score, but if you chose a plan with a lower score, explain why. Include the following elements in your analysis:
Explain which factors (e.g., price and/or performance measures) were most important to your choice of plan and how you derived the weights for each factor you used.
Indicate, on a scale of 1 to 10, how comfortable or confident you are that you made the right choice, with 10 being most confident.
Part II
You need to use the multi-attribute utility (MAU) technique to respond to the following questions. Although the technique can be performed with pencil and paper, it is recommended you use a Microsoft Excel to do the various calculations involved.
Compare your level of confidence at the time you completed Part I to your confidence level for Part II, when you used this decision aid.
Was it helpful? What were its advantages and disadvantages?
Did it make the decision harder to make or easier to justify?
|
Dollar-weighted return and the time-weighted compounded
: Determine the dollar-weighted return and the time-weighted compounded (i.e., geometric) return on this investment.
|
|
Devote a separate section or filter the given information
: Devote a separate section or filter this information into the body of the essay. Ask yourself what the reader needs to know to understand this topic.
|
|
Does arrogance imply that something is incorrect
: Discuss the claim that it is merely arrogant to judge other cultures' moral practices, and that we should tolerate what other cultures do within the context.
|
|
An interview to the daily gossip magazine
: A few months earlier, Jenny had given an interview to the Daily Gossip magazine about her struggle to overcome her addiction.
|
|
Provide an analysis that outlines the plan
: Compare your level of confidence at the time you completed Part I to your confidence level for Part II, when you used this decision aid. Was it helpful? What
|
|
Solution and explanations for the problems
: You are requires to provide detailed working/ Solution and explanations for the following problems:
|
|
Examine the difficulties of measuring job satisfaction
: In your report to the general manager, explain what job satisfaction is and examine the difficulties of measuring job satisfaction.
|
|
Write the equation in slope-inperecept form
: Give the line with equation 3x+2y=6, write the equation in slope-inperecept form, state the slope of the line, and state the y-intercept of the line as an order
|
|
Write the equation of a circle with a center
: Write the equation of a circle with a center at (-5, -7) and a radius of 3.8. Show all work. Please type in answer, instead of writing on paper and scanning.
|