Discuss the following:
Assume the role of a consultant advising a benefits manager for a local telecommunications organization. The company is self-funded and has 25,000 employees, dependents, and retirees eligible for health benefits. The employees are currently enrolled in a managed PPO plan administered by a commercial insurer. The employer's health plan costs have increased by 15% over the prior year. Therefore, leaders are considering more cost effective options.
• Identify at least three managed care options that the organization would consider to be cost effective. Next, compare the three options and make a recommendation based on your comparisons.