The Holiday Health Plan is preparing to enter a new market. In order to determine the optimal size of its provider panel in the new market, Holiday is conducting a competitive analysis of provider networks of the market's existing health plans. Consider whether, in conducting its competitive analysis, Holiday should seek answers to the following questions:
QUESTION 1: What are the cost-containment strategies of the health plans with increasing market shares? QUESTION 2: What are the premium strategies of the health plans with large market shares?
QUESTION 3: What are the characteristics of health plans that are losing market share? In its competitive analysis, Holiday should most likely obtain answers to questions
- 1, 2, and 3
- 1 and 2 only
- 1 and 3 only
- 2 and 3 only
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