Maurice Tutor

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Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
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  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 21 Nov 2017 My Price 5.00

health maintenance organization

A midwestern university has three types of health plans: a health maintenance organization (HMO), a preferred provider organization (PPO), and a traditional fee for service plan (FFS). In 2000, the percentages for the three plans were HMO: 30%, PPO: 25%, and FFS: 45%. Experience dictates that people change plans according to the following transition matrix:

(a) What will be the percentages for the three plans in 2001? (b) What is the long-run fraction choosing each of the three plans?

 

Answers

Maurice Tutor
(5)
Status NEW Posted 21 Nov 2017 10:11 PM My Price 5.00

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