The Finance of Health Care

Appendix

The following sections contain information about substitutes for traditional health insurance. The challenge for business decision makers is to tailor a health insurance benefits package that will provide their employees with a cost-effective approach to obtain medical services. Understanding any health insurance policy is a daunting task even for knowledgeable human resource managers. Simplifying the contract between providers and employers would be one of the benefits of not enrolling employees in a traditional insurance policy or even a self-insurance plan. Thus, benefits managers and employees should be on the same page, so to speak, to have medical coverage that gives the workforce an easily understood contract, which includes a ...