Leroux Health Insurance is considering changing the options in one of their health care plans (Plan A) based on customer feedbac
k that prescriptions and regular visits to the doctor are too expensive for the insured individual. How can Leroux reduce the costs of regular health care without driving up the price of their health care plan? a.
Reduce the monthly premium but increase the co-pay amounts to compensate for the lower premium.
b.
Reduce the annual deductible, but increase the co-pay amounts so that the monthly premium can stay the same.
c.
Reduce the co-pay amounts but increase the annual deductible so that the monthly premium can stay the same.
d.
Reduce the co-pay amounts but increase the monthly premium to compensate for the lower deductible.
Reduce the co-pay amounts but increase the annual deductible so that the monthly premium can stay the same ( C )
Step-by-step explanation:
since the customers are complaining that the cost of regular visits and prescriptions are too expensive for them based on the plan they choose, this means that the purpose of the health insurance plan which is to reduce the overwhelming cost burden on individuals when trying to access proper healthcare is not be implemented successfully.
The co-pay amount which is usually known as the out-of-pocket amount that insurers pay whenever they go for regular doctor visits ( covered service in the insurance package ) and reducing this amount will reduce the immediate cost which makes the customers to complain about how expensive assessing a doctor on regular visits are.
the effect of the increased annual deductible is one way to push the immediate burden of paying a higher co-pay amount by the customer.
