...Affordable Care Act, abbreviated as PPACA. The study relies on three scholarly journal articles that assist in deepening knowledge about PPACA. The main focus of this study is to discuss the impact of this policy decision. It mainly focuses on one positive and one negative effect that this policy has in healthcare. Introduction The recently passed PPACA increases access to various health services. For instance, it increases access by citizens to health insurance coverage and expands federalism (Chaikind, 2011). For a health policy to be fully and effectively functional, it requires creation of various health insurance policies that offer small employers and individual citizens with access to health insurance. PPACA has been able to increase access to various health insurances by ensuring that Medicaid eligibility has been expanded (Chaikind, 2011). It has also enabled extending funding for insurance covers that target children and has also subsidized premiums on private insurance. More so, this government policy, also known as Obamacare, has been able to offer cost-sharing provisions for in individuals with low income. Though most of the provisions in this policy will take effect from2014, some provisions are being phased in currently and others are already in place (Chaikind, 2011). Positive Effect of PPACA: Supporting Federalism With regard to the main positive effect of PPACA on healthcare, it is a policy that supports federalism. Since PPACA was enacted on March 2010, most...
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...Protection and Affordable Care Act (PPACA) The purpose of the PPACA is to ensure more Americans have access to quality healthcare. According to the Congressional Budget Office (CBO), the PPACA is paid for and will provide quality healthcare to more than 94% of Americans. The PPACA will, or is supposed to, eliminate lifetime and unreasonable annual limits on healthcare benefits; prohibit health insurance policy recessions; extend dependent healthcare coverage up until the age of 26; provide assistance to uninsured due to pre-existing conditions; cap insurance administrative expenditures; require coverage for immunizations and preventative services; develop uniform coverage documents allowing consumers to juxtapose different insurance plans from different insurance providers; create temporary re-insurance programs to support coverage for early retirees; simplify healthcare administration as a means to lower health system costs; create an internet portal for consumers to identify insurance coverage options; and implement an appeals process to guarantee consumers and provide consumers assistance processing and accessing their insurance coverage ("PPACA Summary," n.d.) The PPACA does expand public programs, e.g. expanding the eligibility for Medicaid to lower income people; simplify Medicaid and enhance the Children’s Health Insurance Program; simplify enrollment; and expand resources to community based programs, just to name a few. The PPACA will affect every community in the...
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...A Research Paper on The United States’ Health Care Policy Patient Protection Affordable Care Act (PPACA) I. Delineation and overview of policy under analysis a.) What is the policy to be analyzed? The policy to be analyzed is the Patient Protection Affordable Care Act (PPACA) or colloquially referred to as Obamacare. The PPACA Bill was passed into law after Barack Obama signed it on March 23, 2010. However, it should be noted that specific provisions in the law is designed to be effective in staggered dates, that is, not all provisions in the law is effective the moment it was signed by Obama. Some provisions in the statute is designed to be effective beginning at the year 2020. b.) What is the nature of the problem being targeted by the policy? PPACA aims to improve the coverage of healthcare insurance. Thus, to achieve this, the policy targets people who do not have any health insurance. Unless exempted for the following reasons - religious beliefs, individuals who cannot afford the healthcare coverage, taxpayers whose income is below the income threshold, or any person deemed to belong from an Indian tribe- the statute requires individuals to avail a health care insurance plan or pay a penalty. II. Historical Analysis a.) What policies and programs were developed in the past to deal with the problem? Policies that were developed in the past to deal with the same problem of limited and reluctant healthcare coverage include the Medicare (1965)...
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...The Economics of Health Care Quality and Medical Errors Charles Andel, Stephen L. Davidow, Mark Hollander, and David A. Moreno Charles Andel, MBA, BSRT, is Manager of Radiology Quality and Compliance at Loyola University Medical Center and a graduate of Loyola University Chicago’s Quinlan School of Business MBA in Healthcare Management program. He may be reached at cjandel@lumc.edu. Stephen L. Davidow, MBA, APR, is a health care marketing and communications professional with a strong focus on quality and patient safety. He is a graduate of Loyola University Chicago’s Quinlan School of Business MBA in Healthcare Management program. He may be reached at stephen@davidowcommunciations.com or 708-284-2300. Mark Hollander, MBA, is a financial manager at the Department of Veterans Affairs and graduate of Loyola University Chicago ’s Quinlan School of Business MBA in Healthcare Management program. David A. Moreno, MBA, is a biotechnology business analyst and graduate of the Loyola University Chicago’s Quinlan School of Business MBA in Healthcare Management program. He may be reached at dmoreno1@gmail.com. Hospitals have been looking for ways to improve quality and operational efficiency and cut costs for nearly three decades, using a variety of quality improvement strategies. However, based on recent reports, approximately 200,000 Americans die from preventable medical errors including facility-acquired conditions and millions may experience errors. In 2008, medical...
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...always in the news unless there is a tragedy that happen in one of the nursing homes. The effect of Medicaid and Medicare are causing many family members major problems with adequate care that being provided by these nursing homes. Health insurance do not pay enough and many people will be upset with the new changes, because it takes more money from Medicaid and Medicare. There are growing concerns for people who have loved ones in nursing homes due to the economic impact of nursing facility, poor quality of service, and the frequent abuse of patients. The primary audience for my topic would be the citizens who are against the government changing the laws for Medicaid and Medicare. The secondary audience would be the people who are for the change of laws governing the nursing home. The Federal Nursing Home Reform Act that was passed in 1987 which allowed the elderly the right to a bed and a meal if they qualified for Medicaid and Medicare. “The Patient Protection and Affordable Care Act (PPACA) will have a negative impact on the Commonwealth of Virginia” says Robert F. McDonnell Governor of Virginia. (Virginia Commonwealth of Virginia, 2011). My primary and secondary audience is extremely important, because the different view points that each audience share. The controversy between the government and the citizen about health care reform will remain a hot topic, because everyone need a health plan at an affordable rate. This is why congress struggled with Obama Care plan. The...
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...Fat Tax in the United States Abstract The United States has one of the least healthy populations in the entire world. That seems out of skew because we are also considered one of the most powerful. In the near future we will have a universal healthcare program that will basically enforce everybody to have health insurance of some sort. You would think you would want this for a nation on route to good health. This is not the case now, but there is one way in starting the path. Fat Tax in the United States The United States of America is the most obese nation in the world. In the United States obesity is estimated to cause an excess 111,909 to 365,000 deaths per year, while 1 million (7.7%) of deaths in the European Union are attributed to excess weight. Not only is obesity taking lives, it is the cause of numerous health problems such as heart disease, diabetes, and cancer. Our country, as a whole, needs to start being more careful about what our bodies intake. Various ways have been introduced in doing this. The majority of them would not be enforced and are typically in the form of a dieting or a workout regimen. Yeah, like everybody wants to do that. One of the most overlooked ways in reducing health risks in America is implementing a tax on fat of all things. It seems a little far-fetched at first but many would be surprised how genuine of an argument this is. The idea of a fat tax is so obscure to many. This is probably because it has never been in effect...
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...the public by developing programs, resources, and tools, aiding in health care access, however, there are also different private bodies involved in regulating the healthcare sector. Health care regulation is focused on three main roles; cost control, quality control, and access expansion and control. This paper will discuss the impact of ACA on health care organizational policies. The Affordable Care Act (ACA) The Affordable Care Act (ACA) is a health care regulation signed into law on the 23rd of March, 2010. The law’s main focus had been to increase the affordability and quality of American health insurance. Its policies were focused on lowering the rates imposed on the uninsured through the expansion of both the private and public insurance covers. It had also aimed to reduce the health care costs incurred by the government along with citizens. Barely seven days after its enforcement had a new health care law come into effect with amendments to the ACA. On March 30, 2010, the president of the United States signed into law the Healthcare and Education Reconciliation Act of 2010. The law had been enacted by the 111th US congress (Blackman, 2013). The Impact on Organizational Policies The ACA has advantages as disadvantages, and has been at the forefront of political criticism since its enactment. Its strongest opponents have cited it to be punitive of the high-end earners to cushion the middle and lower classes. It has also been reported to weigh heavily on the nation’s wage bill...
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...1. Point-Counterpoint State Medicaid Policy and Health Reform Harold A. Pollack University of Chicago Authors: Pollack, Harold A.1 Source: Journal of Health Politics, Policy & Law; Feb2013, Vol. 38 Issue 1, p161-163, 3p The article discusses the positive and negative implications of the new ruling that the federal government could not require states that receive federal funds under the Medicaid program to participate in the Patient Protection and Affordable Care Act's (PPACA's) Medicaid expansion. Several shortcomings like limited provider payment and associated patient access barriers have been observed in Medicaid that make its adoption not a good idea. However, families below the poverty line can benefit. In July 2012, the Supreme Court upheld the constitutionality of the Patient Protection and Affordable Care Act (PPACA). The Court thus ended one phase in the political and legal battle over health reform. Yet in doing so, it opened a new front. In a notable departure from post–New Deal commerce clause jurisprudence, the Court ruled that the federal government could not require states that receive federal funds under the Medicaid program to participate in the PPACA’s Medicaid expansion. In effect, the Court made states’ participation in the PPACA’s Medicaid expansion voluntary — a possibility that neither the act’s supporters nor its opponents seriously entertained during the long legislative battle of 2009 and 2010. The full implications of these...
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...fires. The disasters cause extensive damage to lives, properties and destroy the social, economic and the cultural lives of people. Several events have happened currently around the world. The negative events in the world often cause much attention as compared to the positive events that occur around the world. The terrorists have often struck various cities in the world killing thousands of people and causing mass destruction of property (Vonk 860). The United States has been confronted with international terrorists especially the Al-Qaeda terror group. The September 2001 bombing of the twin towers was an example of the terrorist disaster in the United States. Then the stock and real estate collapse in the US economy. The massive tsunami in Japan was another major disaster that got a lot of public address by all the media channels. The earthquake also triggered the nuclear disasters in Japan. The most recent disaster in the U.S is the hurricane Sandy. Hurricane Sandy has caused unprecedented loss of lives and destruction to property in U.S. United States is currently battling from the deepest recession that occurred since the Great Depression. All these events have had much public attention from the media and discussion forums. Even though the negative events have been getting much attention, there are several positive events currently that are worthy receiving much media attention. NEGATIVE ISSUES IN US...
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...Rights of undocumented aliens to healthcare Name: Institution: Date: Executive summary According to the US Congress in 2010, President Obama made the PPACA a law but still this act does not include the undocumented aliens in the medical coverage. This report reviews the rights of the undocumented aliens to healthcare and hoe this can be improved. This research discovered that the undocumented aliens have limited access to health care due to lack of identity papers. This is due to the fact that they earn very low income and medical insurance coverage is lower for the undocumented aliens. As a result, they rely on the safety-net medical care providers such as social health centers as this centers continue to provide care for the undocumented aliens. This research also reviews the limitations and problems faced by the undocumented aliens in accessing health care and as a result the ploys they use to access medical care. The findings of this research show that they mostly rely on treating themselves with over counter drugs or in the cases of extremes they use unofficial networks to seek treatment. Also, it is evident that they would do anything to safeguard their cover from being discovered and these results in stress and psychological disorders. Another finding is that despite the healthcare reforms, undocumented aliens still have no rights to access health care compared to the US citizens. This research recommends designing of programs which focus on the issue of undocumented...
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...Glossary 360-degree feedback method A method of providing feedback to an employee that assesses the employee’s performance from five perspectives: immediate supervisor, peers, self, customers, and subordinates. acquisition The initiative taken by one organization to own another organization. affirmative action Federal policies that require employers to show initiative in recruiting a diverse pool of applicants for their job openings. Age Discrimination in Employment Act (ADEA) A federal law that prohibits discrimination against employees over age 40. attitudes Cognitive and emotional appraisals that shape subsequent behavioral tendencies. attrition A reduction in the number of employees by not replacing those who leave. autonomy The level of freedom and independence a worker is given regarding work schedules and the procedures used to complete the job. availability A cognitive bias that causes an evaluator giving a performance review to place more importance on ecurring r factors, no matter how minor they are. Alderfer’s ERG theory A content motivation theory that divides core needs into three groups: existence, relatedness, and growth. baby boomers The generation born between 1946 and 1964. Americans with Disabilities Act (ADA) A federal law that requires employers of 15 or more employees to provide reasonable accommodations for persons with disabilities and that prohibits discrimination against a qualified individual...
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...CFA Institute Research Challenge: Hosted by the CFA Society of Western New York St. Bonaventure University St. Bonaventure University Equity research conducted for competitive purposes in the 2013 CFA Institute Research Challenge Computer Task Group Inc. Information Technology Services Industry St. Bonaventure University Equity research conducted for competitive purposes in the 2013 CFA Institute Research Challenge Computer Task Group Inc. Information Technology Services Industry Outperform Recommendation: Buy Sector: Technology Exchange: NASDAQ Symbol: CTGX Beta: 1.22 Price: $18.49 Price Target: $ 21.59 Implied All-In Return: 16.77% Dividend Per Share: NA Yield: NA 52-Week Range: $11.89-$19.12 Shares Out. (MM): 18.7 Market Cap. (MM): 345.86 January 19, 2013 This report is priced as of market close January 7, 2013. All values in U.S. dollars unless otherwise noted. Outperform Recommendation: Buy Sector: Technology Exchange: NASDAQ Symbol: CTGX Beta: 1.22 Price: $18.49 Price Target: $ 21.59 Implied All-In Return:...
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...Obamacare Maegann Harris BUS620 July 1, 2014 Outline I. What is Obamacare a. Unofficial Names i. Affordable Care Act b. Analysis of Obamacare ii. CBO iii. Political Climate c. Pros and Cons II. Economic Growth d. Employers Response e. Small Business Survival f. GDP Growth III. Patient Protection Act g. Summary of Provisions h. Patient Bill of Rights IV. Conclusion Is Obamacare the solution to the real world problem of affordable healthcare? The purpose of this research paper is to understand whether Obamacare will be a solution to our growth or a long-term economic downfall. Does it make healthcare insurance less expensive? How will employers respond to Obamacare mandates? Can small businesses survive Obamacare? How reasonable are the projections? Obamacare also known as the Affordable Health Care Act is a new United States law designed to reform the American health care system. The main focus is on providing more Americans with access to affordable health insurance by improving the quality of health care, reducing health care spending, and regulating the health insurance industry (ObamaCare, 2014). Analysis Studies indicate that Obamacare has increased the underlying cost of individually purchased health insurance in the average state by 41 percent (Roy, 2014). This is an estimate average however, much research indicates that many different counties...
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...programs by adding over 20 new MSP clients, representing an estimated $80 million in projected annualized gross spend under management. In 2011, our revenues through MSP contracts grew by 38% on a pro forma basis to $185 million, representing a third of our Nurse and Allied Healthcare Staffing business. Penetration of MSP revenues is primarily in Nurse Staffing at this time, and we believe over the next three years there will be a similar shift in the Allied Staffing and Locum Tenens businesses. AMN is well-positioned to capitalize on this continuing trend. Because we typically achieve higher fill rates in MSP contracts than in traditional contracts, we are able to grow faster during periods of expansion, while enjoying some protection during economic downturns. • Our largest business segment, Nurse and Allied Healthcare Staffing, did very well with revenues and operating profit increasing 19% and 48%, respectively, on a pro forma basis over...
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...IFRS and US GAAP: similarities and differences IFRS readiness series October 2012 Table of contents The heart of the matter 2 US financial reporting will change significantly within the next several years An in-depth discussion 4 Examining the implications IFRS affects US businesses in multiple ways What this means for your business 6 Anticipate and manage the change What companies can and should do now October 2012 The heart of the matter US financial reporting will continue to change over the next several years Although US companies will not when, and how IFRS might be be permitted to use International incorporated into the US financial Financial Reporting Standards (IFRS) reporting system. for US public filings in the foreseeable • In May 2011, the SEC’s Office of future, IFRS has been affecting US the Chief Accountant published a companies for some time, primarily Staff Paper exploring one possible through engaging in cross-border method to incorporate IFRS merger-and-acquisition (M&A) into the US financial reporting activity, meeting the reporting needs system, involving an active of non-US stakeholders, and assisting Financial Accounting Standards with or monitoring of the IFRS Board (FASB) incorporating IFRS requirements of non-US subsidiaries. into US GAAP over an extended US companies are also becoming period of time (the “endorsement” increasingly aware of IFRS, as key method). Under this method, the aspects of US generally...
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