September 27, 2013
BA 206 Fall A1 – Microeconomics
1.1. Summarize and discuss the proposed benefits under the PPACA (i.e. “Obamacare”). How will the federal government pay for any health insurance subsidies under the PPACA? The Patient Protection and Affordable Care Act (PPACA) provides essential health benefits for people seeking health care treatments and or services based on each state. According to Giddings and Waidmann (2012), the health insurance issuer must automatically provide the summary of benefits and coverage (“SBC”) to a group health plan for health coverage. In 2012, Patterson, Fleischmann, and Mugel concluded, SBC Regulations require group health plans and health insurers to provide each participant or enrollee with a written summary that accurately describes the plan’s benefits and coverage and that complies with the detailed requirements stated in the regulations. The PPACA authorizes states to offer a basic health plan in lieu of exchange coverage to certain moderate-income individuals but these basic health plans, too, must cover the essential health benefits (Touschner and Corlette, n.d.). This new law which was effective October 1, 2013 requires individuals to be covered but does not require their employers to offer them the health insurance packages. However, Fallon (n.d.) states that large employers (50 or more FTE’s), the law imposes a nondeductible penalty if any of their full-time employees quality for and receive federal subsidies.
1.2. Discuss any potential negative unintended consequences under the PPACA. How might small businesses and individuals respond to the mandates under the PPACA? Personally I think that there can be many negative consequences under the PPACA. This new law will affect many individuals that will have to pay for other peoples penalties. People will have to make trade-offs according to what is more important to them especially if they cannot afford the insurance....
for sure whether its impact will make nurses jobs better or worse. Certain segments of the population
have worked themselves into a frenzy over the proposed adverse effects of the PPACA on healthcare
delivery system and its effects on the nursing profession but the truth of the matter is, a lot of what
healthcare experts say is pure supposition and conjecture. One has to always consider how others’
personal agendas fit into an equation or view-point. No one will know the laws total impact until the
rubber actually hits the road. I would wager a guess, however, that nurses will fare far better than critics
think. While some experts say that PPACA will increase the workload of nurses, there is also evidence to suggest that it will also provide greater opportunity for the nursing profession by increasing job
opportunities for both nurses and nurse practitioners, allowing for increased funding for nursing
education, thereby creating greater career opportunities for both. Additionally, quality of care will not
Yes there is much to be surmised about this much dreaded day, according to many. During reflection, I
can almost liken it to the mass hysteria of the year 2000. The world broke out into mass hysteria
because of dire predictions that at the stroke of midnight January 1, 2000 everything electronic and
computer driven would go haywire. However, when the clock stuck...
...administration concentrates on quality care, leadership skills and management services to assist the patients with proper treatment associated with one's illness. An important health related law that passed in 2010 by the Obama care legislation is the Patient Protection Affordability Care Act. The PPACA law has implemented guidelines to improve the health care quality to the next level. President Obama constructed objectives for this act to proceed further which include providing coverage to every American citizens without any pre-existing condition making a factor in considering health care coverage. Since this law has been implemented, many positive and negative outcomes are associated with this act to where it impacts different sorts of individuals in several ways i.e. small business, employers, cost issues and even quality health care and management services.
Health care has been a subject matter of conversation in today's society since new health reforms and regulations have been impacted. The United States spends billions on health care, by far the most of any nations in the world. Currently, The United States is the only nation without universal access to health care which includes "1 in 5 of the non-elderly and 50 million American's with no health coverage" (Gruber, 2011). Receiving proper care is important.
Majority individual/family health insurances are provided by employed-sponsored insurance (ESI) and is purchased...
Compensation and Benefits HRMT311 Sect. 841
Assignment 1: Compensation System Comparison between McDonald’s & Walmart Canada
This assignment compared and contrasted compensation programs of McDonald’s and Walmart Canada. It look at the Philosophy, Base pay, Short term and Long Term cash incentives, indirect compensation benefits and Recognition programs.
The Philosophy of McDonald’s is “Pay for performance” while Walmart promises a lot of career opportunities.
McDonald’s compensation program is more suited to encourage young high performance culture. While Walmart rewards more stable employees that will stay with the company for a long term.
Compensation System comparison of McDonald’s Restaurant and Wall-Mart’s (Canada)
Compensation Items McDonald’s Restaurant Wall-Mart(Canada)
Pay and Rewards Philosophy Pay for performance philosophy. The better your results, the greater your pay opportunities.
Culture rewards us. Anything is possible. Career opportunities.
Base Pay Competitive wages. The average starting hourly pay $9.97
Annual salary for Managers and wages for the crew. Competitive wages. The average starting hourly pay $10.55
Annual salary for Managers and wages for the sales associate.
Short Terms Cash Incentives Bonuses based on annual performance review and company strategic performance. Target Incentives Pay.
Bonuses based on annual performance review and company strategic...
...Problems with PPACA:
PPACA has touted new benefits without measures to cut cost.1 One should know that in America there are already federal laws and programs to cover the elderly (Medicare), the poor (Medicaid), and uninsured children (CHIPs), In addition there is basically free or low cost care to anyone who needs it and it is available if one looks for it. Examples include: Shriner’s hospitals, free clinics, and providers who do pro bono work. In case that wasn’t enough, there are also laws in place that ban practices of charging more to people with pre-existing conditions in employer-based health insurance. The 60% of Americans who get their healthcare insurance from their employer may actually be hurt by PPACA. All one needs to do is make the connection that minimum standards for health insurance and broader access to subsidized healthcare will drive taxes up.4 But for those who have a hard time making the connection, the literature supports costs 3 times higher than initially stated by President Obama, and an additional $118 billion through 2023.3
In order to drive home the point of higher costs, look at an example used by Supreme Court Justice Samuel Alito. Justice Alito spoke on the hypothetical typical healthy 27 year old worker who on average consumes less than $900 annually on healthcare services. Under the PPACA that same healthy 27...
...Blue Rose Benefit Plan
Government CB Vendor ID
31, Maple Road, Carson City, Virginia, USA
123, Sample Rd, Carson City, Virginia, USA
123, Sample Rd, Carson City, Virginia, USA
8 (a) Program Certified Small Business
 Computer programming services
Blue Rose is a software company involved in designing mobile applications and online games. There are 40 software engineers and 10 support staff working in the company. The company owns its own building and has been earning a consistent profit. Blue Rose is an expert in designing cutting edge games which simulate real time combat sequences, driving and virtual worlds. The company is planning to start a hardware department this year. Blue Rose's apps and games are rated among the top 10 apps and the most downloaded games list in the internet.
Fiscal Year End
SIC Industry Classification
6897 – Office of the company, NEC
Rovio, Mekens (Other Game designing and app development Companies)
CEO & Chairman
Current Benefit Plan
All employees aged 21 are eligible to...
For more details on this topic, see Supply and demand.
Two simple ways to understand the proposedbenefits of free trade are through David Ricardo's theory of comparative advantage and by analyzing the impact of a tariff or import quota. An economic analysis using the law of supply and demand and the economic effects of a tax can be used to show the theoretical benefits and disadvantages of free trade.
Currently, the World Bank believes that, at most, rates of 20% can be allowed by developing nations; but Ha-Joon Chang believes higher levels may be justified because the productivity gap between developing and developed nations is much higher than the productivity gap which industrial countries faced. (A general feature is that the underdeveloped nations of today are not in the same position that the developed nations were in when they had a similar level of technology, because they are weak players in a competitive system; the developed nations have always been strong players, although formerly at an overall lower level.
Counter arguments to this point of view are that the developing countries are able to adopt technologies from abroad, whereas developed nations had to create new technologies themselves, and that developing countries have far richer markets to which to export than was the case in the 19th century.) If the main defense tariffs is to stimulate infant...
...The Environment of Employee Benefits
The overall employee benefits spectrum is in a constant state of change. These changes are a result of new governmental regulations, rising costs of medical care and benefits, and new benefit options. In 2014, the Affordable Care Act was implemented and changed the scope of health care benefits as a whole. The ACA aims to reform national healthcare and give more people access to affordable healthcare. The overall goal of the act is to cover all people, regardless of their conditions or other factors that play a role in receiving a health care plan. The ACA has incentives and tax breaks on individual and small businesses. However, it greatly impacts large organizations in a sense that they are now required to cover all employees and provide documentation supporting it.
Employee benefits have become an expected and valuable part of the employees’ overall total compensation package. Benefits play an integral role when deciding to join or leave an organization. It serves as a powerful recruiting tool for employers looking to hire and keep the most talented workers in the competitive market place. Offering a competitive salary combined with benefits and perks has proven to promote improved work habits and reducing employee turnover. It also provides employees with a sense of job security and encourages them to...
The Primary Benefits of BYOD
Professor Robert Whale
Networking Security Fundamentals
April 25, 2015
It has become very common for people to use hand held or personal devices I myself am guilty of having a personal device. Cellular phones aren’t just ordinary cellular devices they have emerged into little assistants to help out in a big way considering that everything now days are done electronically or digitally from Ethernet to Wi-fi or cable to fiber optics my point is that technology is constantly growing and getting better and thinner and smaller as time goes on. Which brings me to technology in the work place or BYOD bringing your own device and whether or not it is beneficial or not. There can be a lot of benefits in bringing your own device to your place of employment vs the company providing them for instance if a person has a device with them most of the time then chances are that person will become very comfortable with using the device therefore increasing the productivity level for the company. IBM.com (n.d) “Your people use the devices they have chosen and invested in — rather than what was selected by IT. 83 percent of users considered their mobile device more important than their morning cup of coffee. Allowing employees to use personal devices also helps them avoid carrying multiple devices.” Carrying multiple devices would be very irritating and uncomfortable not to mention the...