HCR 230 Wk 1 CheckPoint Comparing Cost Control Strategies

HCR 230 Wk 1 CheckPoint Comparing Cost Control Strategies -...

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CheckPoint: Comparing Cost Control Strategies Employer- sponsored medical insurance is a group health plan (GPH) that is purchased by employers form insurance companies than is provided to employees. All health care benefits are managed by a human resource department, which require negotiating with health plans and selecting a number of products that is offered to employees. These are the type of plans where both basic and riders are offered. Riders are considered as options that may be purchased if the employee such as added coverage, dental and vision services, as well as a very popular coverage called complementary health care, which also covers treatment such as massage therapy, dietetic counseling, vitamin and minerals, acupuncture, and chiropractic/manual manipulation. GPH have specified periods that are normally once a year called open enrollment periods, this is when the employee chooses a specific set of benefits for the up and coming year that will suit the employee and their family’s needs. The employer will normally provide its employees
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This note was uploaded on 04/19/2011 for the course HCR 230 taught by Professor Volk during the Fall '11 term at University of Phoenix.

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HCR 230 Wk 1 CheckPoint Comparing Cost Control Strategies -...

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