Opportunity Cost. Share: In economics, âthere is no such thing as a free lunch!â Even if we are not asked to pay money for something, scarce resources are used up in production and there is an opportunity cost involved. Opportunity cost measures the cost of any choice in terms of the next best alternative foregone. 1  Work-leisure choices: The opportunity cost of deciding not to work an extra ten hours a week is the lost wages foregone.
According to Bridgefield Group, a third party logistics provider, or 3PL, âis an outsourced provider that manages all or a significant part of an organizationâs logistics requirements and performs transportation, locating and sometimes product consolidation activities.â.
PPOâs are a delivery system where providers are under. contract with the carrier to provide care at a discount or. for a fixed fee, and the health plan provides incentives to. patients to use the contracting providers. If you use a. provider outside the PPO Plan, you must pay more for. the medical care. â¢ Member pays the annual deductible before the PPO starts. to pay a portion or all of the bill(s). â¢ Member pays a coinsurance or percentage of the bill when. they obtain a covered service (after the deductible has. been met). The CVT PPO plan pays the remainder.