Economic Issues Simulation Paper

1122 Words Nov 18th, 2011 5 Pages
Economic Issues Simulation Paper

Milagros García


November 9th, 2011

Professor Larry Gonzales

Health Care Plan Issues

Today’s workplace has expanded with a variety of men and women working for different businesses throughout the United States. The increase of working men and women has brought successful businesses to thrive and meet company’s needs and goals. Employers offer hourly or salary wages to his or her employees and may also include benefits. Every business must have insurance for the company just in case something was to happen, such as a fire, a break in, employee injury or accident. Companies also provide employees health benefits, but the company must choose and decide to work with a health insurance
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By excluding the obesity treatment it has lowered the risk of service charges to become high plus the castor enhanced plan covers any preexisting conditions, for example, obesity. Including vision and hearing screening, substance abuse treatment, male/female sterilization, and custodial care to the plan is that the employees will benefit the use of all services at a price he or she can afford, and it also means the risks of it are low as well. Although the premium for Constructit is low adding services to its plan can optimize Castor’s profit to a high one by selecting low cost effectiveness ratios to maximize the profits. With Constructit there are more services and an adequate amount of profit earnings because of the lower premium they are willing to pay that is if Castor helps them stay within their budget.

The E-editors Company

The other plan for E-editors the earnings were high, but four services that are needed to cover the employees had to be excluded. The final decision for E-editors was to not provide them with insurance because of the health issues their employees already have and will be utilized due to this. The risks in providing E-editors is high and the earnings made from the group would be high, but wouldn’t be able to cover the risks of the services that were excluded or included.

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