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| Teaching Since: | May 2017 |
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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Ken and Maureen Blake have two children, with ages of 6 years and 5 months. Their younger child, Don, was born with a congenital heart defect that will require several major surgeries in the next few years to correct fully. Ken is employed as a salesperson for a major pharmaceutical firm, and Maureen is a stay-at-home mother. KenAf?cAc‚¬Ac„?cs employer offers employees a choice between two health benefit plans:
Af?cAc‚¬A??c An indemnity plan that allows the Blakes to choose health services from a wide range of doctors and hospitals. The plan pays 80 percent of all medical costs, and the Blakes are responsible for the other 20 percent. ThereAf?cAc‚¬Ac„?cs a deductible of $500 per person. KenAf?cAc‚¬Ac„?cs employer will pay 100 percent of the cost of this plan for Ken, but the Blakes will be responsible for paying $380 a month to cover Maureen and the children under this plan.
Af?cAc‚¬A??c A group HMO. If the Blakes choose this plan, the company still pays 100 percent of the planAf?cAc‚¬Ac„?cs cost for Ken, but insurance for Maureen and the children will cost $295 a month. TheyAf?cAc‚¬Ac„?cll also have to make a $20 co-payment for any doctorAf?cAc‚¬Ac„?cs office visits and prescription drugs. They will be restricted to using the HMOAf?cAc‚¬Ac„?cs doctors and hospital for medical services. Which plan would you recommend that the Blakes choose? Why? What other health coverage options should the Blakes consider?
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