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Unformatted text preview: plan might offer a consumer fewer benefits and higher out of pocket costs. However, a more expensive plan might have the extra added benefits for example, coverage for routine doctors visits/checkups, Medicare deductibles, at home recovery care, etc. There are many implications of having a private company associated with a government insurance company. When a consumer thinks of a government backed program in general, there are negative thoughts. In the past, any government backed program really has not helped the consumer but actually hurt the consumer i.e. credit cards, high interest rate loans and mortgages. So the largest implication is that the government is doing it for the money and not to actually help people in need....
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This note was uploaded on 04/19/2011 for the course HCR 230 taught by Professor Volk during the Spring '11 term at University of Phoenix.
- Spring '11