What would average spending be for a population like this

Assignment Help Business Economics

Reference no: EM133401792

Case: An insurance market consists of high-risk patients, who average $40,000 in spending per year, and low-risk patients, who average
$1,000 per year. Overall, low-risk patients represent 90 percent of the population.

Questions:

1- What would average spending be for a population like this?

2-Where are reference prices being used? What have their effects been?

3-What risk does a health system bear when it agrees to a bundled payment?

Reference no: EM133401792

Questions Cloud

Explain what each of these dimensions mean : Explain what each of these dimensions mean and use examples to explain the importance of each

Conducting a criminal interview with a suspect or witness : "Respond to the points being made" is a more effective strategy when conducting a criminal interview with a suspect or witness?

What benefits do the workers receive at the factory : What benefits do the workers receive at the factory? Factory City: EUPA . Documentary China labors and the largest factory in the world

Benefits and costs of creating quality products : In less than 100 word (in a word file) outline the benefits and costs of creating quality products and services, with a specific example.

What would average spending be for a population like this : What would average spending be for a population like this? Where are reference prices being used? What have their effects been?

Emergency bona fide occupational requirement : Is the requirement to physically respond to an intruder, evacuation order, or other emergency a bona fide occupational requirement?

What ethical systems push you in which direction : What ethical systems push you in which direction? How would you respond? What ethical system do you use to decide?

Why are prices different depending on where a student : Why are prices different depending on where a student is from? John Green contends that a college degree generally pays for itself. What might Sandra Smith

Explain the process of stakeholder mapping : Stakeholder landscape- Identify internal and external stakeholders of JD Sports. Explain the process of stakeholder mapping.

User Account

All Pages