Question: Discusss the trouble with macroeconomics according to Paul Romer. Discuss the macroeconomic objectives. (7 points) You work for Fillmore Consultants and provide benefits consulting to
Discusss the trouble with macroeconomics according to Paul Romer.
Discuss the macroeconomic objectives.

(7 points) You work for Fillmore Consultants and provide benefits consulting to Mission Moving & Storage, who provides self-insured medical, dental, and vision benefits to its employees. Mission's current dental plan: . Type I/II/III services covered at coinsurance levels of 90%/70%/50% with a $100 deductible Annual maximum of $2,000 on Type II/III Services . Non-contributory and participation is 100% (1 point) Describe common provisions aimed at limiting anti-selection in dental plans. (b) (2 points) List common underwriting and rating parameters for group dental coverage, and describe considerations in using each. As part of the union negotiations, Mission's employees have requested the following changes: Elimination of the $100 deductible on Type II/III services An increase in Type I/II/III coinsurance levels to 100%/80%/70% . A new orthodontic benefit, with coverage at 60% In return, the union has conceded to make the plan contributory, with employees covering 30% of expected claims and expenses in the form of payroll deductions. (c) (2 points) Evaluate both the favorable and unfavorable impacts the proposed changes would have on Mission's costs. (d) (2 points) Recommend next steps to enable Mission to make a counterproposal
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