Economic Concepts for Healthcare Paper

Economic Concepts for Healthcare Paper. Statement Period Member # 5/1/2017 – 5/31/2017 1789 Congressman W L Dickinson Drive Montgomery, AL 36109 www.myguardiancu.com 55794 Guardian is now financing fun! Apply online for your pool loan, credit card, or extra cash for Summer adventures. CHANETRICE C BULLOCK 6137 JENNIFER LN MONTGOMERY AL 36116 As of 5/31/2017 your Awards points are 489. Statement Summary Deposit Accounts AccountType PRIMARY SHARE(Suffix #00) Previous Balance Deposits 0.35 2,632.50 1.00 FRESH START CHECKING(Suffix #74) Loan Accounts AccountType Previous Balance EXPRESS LOAN(Suffix #20) $501.00 Withdrawals Ending Balance 2,132.85 500.00 661.50 Total Balance: 0.00 PRIMARY SHARE (Suffix #00) 1.00 $1,504.48 Ending Balance 1,504.48 PREVIOUS BALANCE: Tran Post Description Date Date 05/01 661.50 Total Balance: Withdrawals Deposit ACH SSI TREAS 310 Deposits PAYEE: CHANETRICE C BULLOCK 661.50 $1.00 Balance 662.50 BENE: TERVARION L BULLOCK 05/01 05/17 CO: SSI TREAS 310 Withdrawal 660.00 Withdrawal Transfer To Share 0074 Mobile Branch Joint Owner TEVARRES SMITH Dividend Year to Date 2.50 1.50 0.00 TOTAL OVERDRAFT FEES TOTAL RETURNED ITEM FEES 1.00 ENDING BALANCE: $1.00 Total Period-to-Date Total Year-to-Date 0.00 58.00 0.00 0.00 Page 01 of 03 Statement Period Member # 5/1/2017 – 5/31/2017 FRESH START CHECKING (Suffix #74) PREVIOUS BALANCE: Tran Post Description Date Date 05/04 05/08 05/08 05/09 05/09 05/09 05/17 05/17 05/17 05/18 05/20 05/22 05/22 05/22 05/23 05/30 Withdrawals Deposit Withdrawal ACH COMENITY PAY CP 43.52 Withdrawal ACH COMENITY PAY CP 56.48 CO: COMENITY PAY CP CO: COMENITY PAY CP Deposit Withdrawal Express Loan Fee Deposit 100.35 56.83 1,500.35 350.00 350.35 1.50 501.85 150.00 Withdrawal ACH CAPITAL ONE Balance 1,500.00 Deposit Transfer From Share 0000 Mobile Branch $0.35 0.35 Deposit 1,475.35 0.35 500.35 479.40 22.45 7.69 14.76 Withdrawal Debit Card Awards Debit 9.89 4.87 Withdrawal Debit Card Awards Debit 4.17 0.70 CO: CAPITAL ONE Withdrawal POS #237040 BEAUTY & BEYOND 2762 EASTERN BLVD MONTGOMERY AL ZAXBY’S #58201 MONTGOMERY AL ZAXBY’S #58201 MONTGOMERY AL Deposit Withdrawal ACH CAPITAL ONE 31.70 CO: CAPITAL ONE Deposit Tran Post Description Date Date 05/31 100.00 1,475.00 New Loan Loan Advance Insurance Single Life Loan Advance Insurance Sgl Disability 31.00 31.70 500.00 500.00 ENDING BALANCE: 0.00 EXPRESS LOAN (Suffix #20) 05/31 Deposits 25.00 Withdrawal Dividend Year to Date 05/09 55794 Transaction Amount 1,500.00 1.50 2.98 $500.00 PREVIOUS BALANCE: Prin Amt 1,500.00 1.50 2.98 0.00 Finance Fees/ Charge Charges $0.00 Balance 0.00 0.00 1,500.00 0.00 0.00 1,504.48 0.00 ENDING BALANCE: 0.00 1,501.50 $1,504.48 Page 02 of 03 Statement Period Member # 5/1/2017 – 5/31/2017 55794 1789 Congressman W L Dickinson Drive Montgomery, AL 36109 www.myguardiancu.com Annual Percentage Rate Daily Periodic Rate Interest Paid YTD Credit Limit Available Credit Summary Total Year to Date Earnings YOUR BILLING RIGHTS, KEEP THIS NOTICE FOR FUTURE USE This notice contains important information about your rights and our responsibilities under the Fair Credit Billing Act.  FM 004 Economic Concepts for Healthcare Paper

NOTIFY US IN CASE OF ERRORS OR QUESTIONS ABOUT YOUR STATEMENT If you think your statement is wrong, or if you need more information about a transaction on your statement, write us on a separate sheet. Write as soon as possible. We must hear from you no later than 60 days after we sent you the first statement on which the error or problem appeared. You can telephone us, but doing so will not preserve your rights. In your letter, give us the following information: (1) Your name and account number. (2) The dollar amount of the suspected error. (3) Describe the error and explain, if you can, why you believe there is an error. If you need more information, describe the item you are unsure about. YOUR RIGHTS AND OUR RESPONSIBILITIES AFTER WE RECEIVE YOUR WRITTEN NOTICE We must acknowledge your letter within 30 days, unless we have corrected the error by then. Within 90 days, we must either correct the error or explain why we believe the statement was correct. After we receive your letter, we cannot try to collect any amount you question or report you as delinquent. We can continue to send statements to you for the amount you question, including finance charges, and we can apply any unpaid amount against your credit limit. You do not have to pay any amount in question while we are investigating, but you are still obligated to pay the parts of your statement that are not in question. If we find that we made a mistake on your statement, you will not have to pay any finance charges related to any questioned amount. If we didn’t make a mistake, you may have to pay finance charges, and you will have to make up any missed payments on the questioned amount. In either case, we will send you a statement of the amount you owe and the date that it is due. If you fail to pay the amount that we think you owe, we may report you as delinquent. However, if our explanation does not satisfy you, and you write to us within ten days telling us that you still refuse to pay, we must tell anyone we report you to that you have a THE CREDIT UNION IS AN EQUAL HOUSING LENDER AND MAKES LOANS WITHOUT REGARD TO RACE, COLOR, RELIGION, SEX, HANDICAP, FAMILY STATUS OR NATIONAL ORIGIN. 17.750% Past Due Amount .048630% 0.00 Payment Amount 0.00 140.06 Total Due 0.00 140.06 Due Date 0.00 06102017 0.00 question about your statement. And, we must tell you the name of anyone we reported you to. We must tell anyone we report you to that the matter has been settled between us when it finally is. IN CASE OF ERRORS OR QUESTIONS ABOUT YOUR ELECTRONIC TRANSFERS Telephone or Write Us as soon as you can, if you think your statement or receipt is wrong, or if you need more information about a transfer listed on the statement or receipt. We must hear from you no later than 60 days after we send the FIRST statement on which the problem or error appeared. (1) Tell us your name and account number. FM 004 Economic Concepts for Healthcare Paper

(2) Tell us the dollar amount of the suspected error. (3) Describe the error or the transfer you are unsure about, and explain as clearly as you can why you believe it is an error or why you need more information. If you tell us orally, we may require that you send us your complaint or questions in writing with 10 business days. We will determine whether an error occurred within 10 business days after we hear from you and will correct any error promptly. If we need more time, however, we may take up to 45 days to investigate your complaint or question. If we decide to do this, we will credit your account within 10 business days for the amount you think is in error so that you will have the use of the money during the time it takes us to complete our investigation. If we ask you to put your complaint or question in writing, and we do not receive it within 10 business days, we may not credit your account. We will tell you the results within three business days after completing our investigation. If we decide that there was no error, we will send you a written explanation. You may ask for copies of the documents that we used in our investigation. This does not apply to business customers as Reg E is for consumers only. Report errors or make inquiries to: Guardian Credit Union 1789 Congressman W L Dickinson Drive Montgomery, AL 36109 www.myguardiancu.com Outstanding Items ITEM NO. AMOUNT TOTAL: Balance Shown on this Statement $ Add Deposits not Credited in $ this Statement (if any) Total $ Subtract Items Outstanding $ Balance $ Your register should show this balance. MEMBER SAVINGS IN THIS CREDIT UNION ARE INSURED UP TO $250,000 PER ACCOUNT. Page 03 of 03 FM004: Economic Concepts in the Healthcare Industry: Apply key economic concepts and theories in the healthcare context. Assessment Rubric Rubric Criteria Needs Improvement Meets Expectations Exceeds Expectations Leadership Orientation Pamphlet on Healthcare Financial Management Learning Objective 1.1: Define healthcare economic concepts. Pamphlet does not define, unclearly or inaccurately defines the following healthcare economic concepts: • Cost benefit analysis • Cost effectiveness • Quality-adjusted life year • Value of life (payments) Pamphlet does not include references to academic/professional resources and examples to demonstrate the application of the concepts, or the resources and examples are not relevant. Learning Objective 1.2: Explain the importance of economic concepts to healthcare administrators in relation to © 2021 Walden University Pamphlet does not explain or unclearly or inaccurately explains the importance of economic concepts to healthcare administrators in relation to healthcare spending and healthcare economic policies to control spending. Pamphlet clearly and accurately defines the following healthcare economic concepts: • Cost benefit analysis • Cost effectiveness • Quality-adjusted life year • Value of life (payments) Pamphlet includes references to academic/professional resources and examples to demonstrate the application of the concepts. Pamphlet clearly and accurately explains the importance of economic concepts to healthcare administrators in relation to healthcare spending and healthcare economic policies to control spending.FM 004 Economic Concepts for Healthcare Paper

Pamphlet demonstrates the same level of achievement as “Meets,” plus the following: Pamphlet provides at least one specific example of how each of these concepts apply to their specific healthcare setting or one in which they are familiar. Pamphlet demonstrates the same level of achievement as “Meets,” plus the following: Pamphlet provides specific examples of how healthcare administrators 1 Rubric Criteria healthcare spending and healthcare economic policies to control spending. Learning Objective 1.3: Describe the role of supply and demand in healthcare. Needs Improvement Meets Expectations Pamphlet does not include references to academic/professional resources, or the resources are not relevant. Pamphlet includes references to relevant academic/professional resources. Pamphlet does not describe, unclearly or inaccurately describes the role of supply and demand in healthcare and its usefulness as a tool for the healthcare administrator. Pamphlet clearly and accurately describes the role of supply and demand in healthcare and its usefulness as a tool for the healthcare administrator. Or pamphlet does not include the demonstration of supply and demand in healthcare through the use of at least one example of goods, services, and labor markets. Pamphlet does not include references to academic/professional resources, or the resources are not relevant. Learning Objective 1.4: Describe the relationship between income © 2021 Walden University Exceeds Expectations apply economic concepts and policies to control healthcare spending. Pamphlet demonstrates the same level of achievement as “Meets,” plus the following: Pamphlet includes the demonstration of supply Pamphlet includes the and demand in healthcare through the use of more demonstration of supply and demand in healthcare through than one example of the use of at least one goods, services, and labor example of goods, services, markets. and labor markets. Pamphlet includes references to relevant academic/professional resources. Pamphlet does not describe, or Pamphlet clearly and unclearly or inaccurately describes accurately describes the the relationship between income and relationship between income healthcare utilization and the impact and healthcare utilization and of price subsidies that Medicaid the impact of price subsidies provides to increase service that Medicaid provides to increase service utilization Pamphlet demonstrates the same level of achievement as “Meets,” plus the following: Pamphlet includes a specific example to 2 Rubric Criteria and healthcare utilization. Learning Objective 1.5: Describe how the Patient Protection and Affordable Care Act (PPACA) has impacted healthcare coverage. © 2021 Walden University Needs Improvement utilization among low-income populations. Meets Expectations among low-income populations. Pamphlet does not include references to academic/professional resources, or the resources are not relevant. Pamphlet does not explain, unclearly or inaccurately explains how the PPACA has impacted the following aspects of healthcare coverage: • Economics, • Supply and demand, and • Cost to individuals. Pamphlet includes references to relevant academic/professional resources. Pamphlet clearly and accurately explains how the PPACA has impacted the following aspects of healthcare coverage: • Economics, • Supply and demand, and • Cost to individuals. Pamphlet does not include references to academic/professional resources, or the resources are not relevant. Pamphlet includes references to relevant academic/professional resources. Exceeds Expectations illustrate the relationship between healthcare utilization and low-income populations and the impact of this relationship on the delivery of care. Pamphlet demonstrates the same level of achievement as “Meets,” plus the following: Pamphlet includes a specific example to illustrate how PPACA impacts economics, supply and demand, and cost to healthcare organizations as well individuals. 3