THE ECONOMICS OF MANAGED CARE
Your employers have indicated that they are changing insurance carriers to an HMO because of the cost savings in premiums. They explain that your out of pocket costs may increase if you seek treatment from out of plan providers. You and the other employees are against the change since your current health plan meets your needs well and you have all decided that you would be willing to pay a higher percentage toward your contribution for health care to keep the existing plan.
What are the key points for and against making this shift? In your response, include your thoughts on how quality (for the employer and the employee) will be affected? Explain why?
What other considerations should employees and the employer consider when making this change?
Respond to the posts of any two of your peers. From the perspective of a professional working for an Health Maintenance Organization (HMO), how does this change in insurance carrier make sense? Give details. Explain why HMOs are the best option.
Respond to this question using available resources from your text, the Capella University library, and the Internet. Make sure to include the source citations and references for any outside sources used. This reply should be in approximately 250–400 words and in APA format.