Summary C428 Paper 2.docx C428 Seamus Company Healthcare Plan College of Business, Western Governors University Seamus Company
1 Healthcare P
Seamus Company Healthcare Plan
Steven W Kriegh
College of Business, Western Governors University
Ed Haynes
February 2021
, 2
Seamus Company Healthcare Plan
A1. Due to the increasing costs of healthcare, the Seamus Company is looking for an
affordable answer to rising healthcare costs and maintaining the quality and service at a
reasonable price that Seamus Company has provided its employees. Moving away from the
current fee-for-service plan. Seamus is looking for the best plan available. The current Fee-for-
service plan costs are on a continual rise. They contain unneeded services that increase the
overall expense not only to Seamus but its employees. Managed-care plans offer the ability to
better control costs along with catering to the needs of our employees.
The Big Three
After looking at available options for our employees, cost savings, health improvement,
tax advantages, and overall quality we are looking at three plans. All plans provide for better-
managed care.
1. Preferred Provider Plan
2. Health Maintenance Organization
3. POS Health Plan
Each plan allows us to move away from the current costly fee for service plan.
Preferred Provider Plan
Preferred Provider Plan (PPO). Is a managed health care plan that uses a provided list of
doctors, specialists, and others that are subscribed to the plan. PPOs also give our employees
1 Healthcare P
Seamus Company Healthcare Plan
Steven W Kriegh
College of Business, Western Governors University
Ed Haynes
February 2021
, 2
Seamus Company Healthcare Plan
A1. Due to the increasing costs of healthcare, the Seamus Company is looking for an
affordable answer to rising healthcare costs and maintaining the quality and service at a
reasonable price that Seamus Company has provided its employees. Moving away from the
current fee-for-service plan. Seamus is looking for the best plan available. The current Fee-for-
service plan costs are on a continual rise. They contain unneeded services that increase the
overall expense not only to Seamus but its employees. Managed-care plans offer the ability to
better control costs along with catering to the needs of our employees.
The Big Three
After looking at available options for our employees, cost savings, health improvement,
tax advantages, and overall quality we are looking at three plans. All plans provide for better-
managed care.
1. Preferred Provider Plan
2. Health Maintenance Organization
3. POS Health Plan
Each plan allows us to move away from the current costly fee for service plan.
Preferred Provider Plan
Preferred Provider Plan (PPO). Is a managed health care plan that uses a provided list of
doctors, specialists, and others that are subscribed to the plan. PPOs also give our employees
