Constructit Company Demographics
Of the 1000 employees hired by the Constructit Company, there are 550 men and 450 women. The age range of the employees are between 26 and 45 years with 40 percent between 26 and 30 years old. Physical activities during work hours include 32 percent who are highly physical, 25 percent moderately active and 43 percent who are sedentary. Of the 1000 employees, 38 percent have no major health factor risks, but 10 percent are smokers and 39 percent are obese. At the current time, injuries, respiratory system diseases, digestive disorders, migraine, and allergic conditions are the cause for employee absenteeism.
Castor Collins Standard Plan
The Castor Collins Standard Plan is does not provide coverage for preexisti...
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Economic decision making for HMOs can be a difficult. It is nearly impossible to predict how the policy holders will utilize services covered by any plan. To minimize its risks, Castor Collins will need to assess the population that will utilize the services by looking at the demographics such as age, lifestyle, and potential on-the-job risk factors. The Castor Collins Insurance Company has several options to offer companies such as Constructit who are seeking insurance coverage for their employees. In an effort to reduce its risks and avoid loss of profits, Castor Collins could offer insurance coverage that does not cover preexisting conditions such as diabetes, high cholesterol, and vision services. However, in order to increase its profitability and offer a better plan for Constructit, an extended minor plan will be offered.
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