HCR 230 Week 1 CheckPoint Comparing Cost Control Strategies

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HCR 230 Week 1 CheckPoint Comparing Cost Control Strategies

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Read Appendix A.

Resource: Ch. 9 (pp. 287–291) of Medical Insurance

Post a 200- to 300-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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