Director: Professor in Residence William Pace
Program Office: Room 462B, School of Business
For major requirements, see the School of Business section of this Catalog.
Healthcare Management and Insurance Studies courses are open to juniors and seniors only.
(Formerly offered as FNCE 3221.) Three credits. Prerequisite: Open only to Business majors or Mathematics-Actuarial Science-Finance majors of junior or higher status.
A study of the concept of risk and its treatment by insurance. It covers why the individual or corporation purchases insurance, what constitutes an intelligent insurance plan and what products are available in the insurance marketplace.
(Formerly offered as HSMG 3240.) Three credits. Prerequisite: Open to juniors or higher in the School of Business and Allied Health Sciences with Healthcare Administration concentration majors, others with instructor consent.
Presents and examines various aspects of the U.S. health care delivery system as well as introduces and compares the health care systems in different countries. Attention is paid to the financing, reimbursement, and delivery of medical care, the adoption of new medical technologies, and the role of the market and government. The effect of health care system design on cost, quality, efficiency, and equity is studied.
(Formerly offered as HSMG 3243.) Three credits. Prerequisite: HCMI 3240; open to juniors or higher in the School of Business and Allied Health Sciences with Healthcare Administration concentration majors, others with instructor consent.
Provides a set of economic tools to better understand the structure, conduct and performance of various health care industries. Theories regarding demand, production, costs, and various market models are discussed within the context of health care products. After addressing various antitrust and regulatory issues, the course culminates with an in-depth economic analysis of the markets for health insurance, physician, hospital, pharmaceutical and long-term care services.
(Formerly offered as HSMG 4225.) Three credits. Prerequisites: HCMI 3240 or instructor consent; open only to Business majors of junior or higher status.
Addresses various business practices associated with providing private health insurance such as underwriting, medical claims cost control, pricing, and marketing. In that context, managed care techniques and benefit package designs including consumer directed health plans, and value-based insurance design, are discussed. Attention is also paid to design and functioning of various social insurance programs such as Medicare, Medicaid, unemployment compensation, disability insurance, workers compensation, and Social Security.
(Formerly offered as HSMG 4243.) Three credits. Prerequisite: HCMI 3240 or instructor consent; open only to Business majors of junior or higher status.
Introduction to the United States legal system as it relates to health care, public health and ethics. Sessions represent important applications of law to health including the powers of the state governments; privacy and confidentiality in health care; the right to privacy; the right to refuse treatment and end of life issues; hospital, physician and managed care liability; the Americans with Disabilities Act; and public health policy and advocacy. This course is structured to encourage lively and interesting in-class discussions of legal and ethical principles as they relate to the health care system.
Focuses on various economic and financial analyses that managers in the health care industry may use to make strategic and operating decisions. Case studies allow students to apply these skills to examine decisions/situations such as estimating a health system’s profitability by product line or valuing a drug that is being developed. In addition, the course applies personnel economics towards an understanding of how to better manage human resource activities within a health care setting.
(Formerly offered as FNCE 4325.) Three credits. Prerequisite: HCMI 3221; open only to Business majors or Mathematics-Actuarial Science-Finance majors of junior or higher status.
Focuses on the basic principles underlying life insurance, pensions, and other methods of insuring for financial security. Emphasis is given to the following general topics – the need for life insurance and annuities, individual retirement planning, employer provided group insurance and pensions, types of life insurance and annuity contracts, deferred compensation plans, the mathematics of life insurance, company operations, regulation, settlement options, and life insurance programming.
(Formerly offered as FNCE 4326.) Three credits. Prerequisite: HCMI 3221; open only to Business majors of junior or higher status.
Critically examines the risk management process introduced in HCMI 3221. Emphasis is on identification and treatment of pure loss exposures faced by commercial and institutional entities. Available risk management treatment techniques are identified and discussed. Analysis of applicable commercial property and liability insurance coverages are stressed.
(Formerly offered as HSMG 4448.) Three credits. Prerequisite: Open only to Business majors of junior or higher status.
Covers clinical and social issues affecting health care provider organizations, such as the health needs of special population groups, public health concerns, epidemiological issues, and health care quality. Discussion will include how health care organizations address such issues through methods including clinical studies, disease management, partnership between private and public sectors, and legislative initiatives.
(Formerly offered as HSMG 4891.) One to three credits. Hours by arrangement. Prerequisite: Open only to Business majors of junior or higher status; consent of instructor and Program Director required prior to beginning the internship. Students taking this course will be assigned a final grade of S (satisfactory) or U (unsatisfactory).
Supervised field work in a health care organization where students work with health care professionals to expand their expertise in solving health systems problems and increase their awareness of the issues involved in the day to day operations of a health care institution. Student performance will be evaluated on the basis of an appraisal by the field supervisor and a detailed written report submitted by the student.
(Formerly offered as HSMG 4895.) Credits and hours by arrangement. Prerequisite: Announced separately for each offering; open only to Business majors of junior or higher status. With a change in content, may be repeated for credit.
Classroom course in special topics in Healthcare Management and Insurance Studies as announced in advance for semester.
(Formerly offered as HSMG 4899.) Credits by arrangement; not to exceed six in any semester. Prerequisite: Open only to Business majors of junior or higher status; open only with consent of instructor.
Individual study of special topics in health care management as mutually arranged between a student and an instructor.
(Formerly offered as HSMG 4997W.) Prerequisite: ENGL 1010 or 1011 or 2011; open only to Health Systems Management majors of junior or higher status enrolled in the honors program; instructor consent required.
Individual study of special topics on health care management and insurance.