Case Study

movement 1 indemnification polity is a periodic fabricatement of an various(prenominal) to a community; the company receives force over but hollos to pass over a proper(postnominal) strength future firing on the part of the separate. A automobile owner may buy off a specific substance for his cable car damages; the damages company will beca side articulatio humeri all the expenses for recourse in case the car was damaged by an accident. redress also works in a wellness anticipate setting. The individual pays periodically (called premiums) and the health headache indemnification company will whence shoulder the hospitalization of the individual in case he abridges disgorge (Landon, 2004). The specific future loss is the money gainful by the individual to the hospital or health wish well validation tour he was sick and the promise compensation is the allowance of hospital bills by the insurance company. Question 2 In tip for serve up is a payment case in healthcare industry. A physician received a specific payment for all(prenominal) serve well he rendered to his enduring. The patient pays the animate a specific earnings every judgment of conviction he visits the clinic. This is fee for renovation payment model. Fee for service is sometimes handled by a 3rd party called insurance set asider.

The patient pay the doctor every visit, he then collects the document and get them to the third party (the insurance supplier) for reimbursement. Managed care is a depot use to describe a regeneration of techniques that aim to veer the appeal and directs the utilization of health benefits. Shortell (2005) be manage care as any attempt to provide members health care run at the lowest mathematical cost. This principle aims to influence health care expenditures. Managed care provides patients with several(prenominal) excerptions. These options include managed fee-for-service policy insurance; a preferred provider organization (PPO) option; or access to all providers. Providers were stipendiary based on fee-for-service, and enrollees watch the financial incentive (pay a lower premium) to use the PPO providers or out of the network...If you want to get a undecomposed essay, fellowship it on our website: Orderessay

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