Resource: Ch. 8 (pp. 277–282) of Medical Insurance Write a 260- to 350-word response to the followin

Aug 15th, 2016
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Resource: Ch. 8 (pp. 277–282) of Medical Insurance Write a 260- to 350-word response to the following: Compare cost control strategies of employer-sponsored health plans, in which employers buy from insurance companies, to self-funded health plans, in which employers cover costs of benefits. Include the following factors: Riders Enrollment periods Provider networks Third party administrators Discuss how the following affect cost control within group health plans: Portability Creditable coverage

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Answer----------------------Cost control strategies are useful in both fully funded plans as well as self-insured plans asregardless of who is ultimately holding the risk of the insurance each of the parties isinterested in reducing the overall cost structure as the cost of providing the insurance

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