1. In the recent election, the cost of healthcare was the number one issue for voters. One of the options which is being discussed is a single-payer health insurance (Universal healthcare, "Medicare for all").
1a. If a single-payer health insurance plan was instituted by the government, what effect would that have on employers and employees?
2. What is telemedicine, and why are many employers offering this service? How can it benefit both employers and employees.
3. Due to rising medical costs, many employers have turned to wellness programs. Evaluate the pros and cons of these programs. Also discuss any possible limitations or regulations of which employers must be aware when offering wellness incentives.
Single Payer health insurance program is the insurance plan
where in there is no need to get insurance from any private
company. The government pays for all the medical bills of all the
basic health issues.
1a It can act as a good and as a bad news for the employers and
employees. In the case of employer they will not have to bear the
charges of health insurance of the employees. The bad side is that
the employer used to attract talent through the health insurance
schemes they will lose this and will even have to pay more taxes.
For the employees it is good because they don't have to pay extra
to any private company for their medical insurance. But they need
to face some huge tax burden.
2. Telemedicine means remotely diagnosing the problem in the
patient by using telecommunication technology. The employers are
offering this service because they can easily keep a check on
whether their employees are getting timely treatment or not. For
the employee and employers it gives the following benefits,
a) It reduces the fees for emergency room
b) It reduces absenteeism
c) Improving the health of the workforce thus improving the
productivity.
3. Wellness Programs: They the employees to know about the right
education programs thus making them have healthy behaviours. The
healthy behaviours thus lead to lower health risks. Thus reducing
the health cost and making the employees productive. The only
negative point is that it is not necessary that wellness programs
will help the employees in maintaining a proper healthy lifestyle
there are other factors as well like cultural factors.
1. In the recent election, the cost of healthcare was the number one issue for voters....
1. In the recent election, the cost of healthcare was the number one issue for voters. One of the options which is being discussed is a single-payer health insurance (Universal healthcare, "Medicare for all"). 1a. What is a single-payer health insurance plan, and how would it work? 1b. What are the pros and cons of a single-payer health insurance plan? 1c. If a single-payer health insurance plan was instituted by the government, what effect would that have on employers and...
1) A bond is a ["financial contract: a borrower agrees to repay the amount that was borrowed and also a rate of interest over a period of time in the future.", "risk-free investment", "type of stock in a company", "rate of interest"] and also a ["risk-free investment", "rate of interest", "guarantee of payment", "rate of business growth"] over a period of time in the future. A corporate bond is issued by firms, but bonds are also issued...
Which statement accurately describes an assumption underlying the successful operation of markets? Select one: a. Individuals are often overwhelmed by conflicting information. b. Individuals are highly influenced by professional advice. c. Individuals' tastes for goods and services are predetermined. d. Individuals are not always rational. Which aspect of Assumption 1 does the text describe as the more troubling issue in health care? Select one: a. Individuals are rational. b. Individuals know what goods and services are likely to make them...