Wednesday, February 26, 2020

Healthcare Finace Article Review Example | Topics and Well Written Essays - 500 words

Healthcare Finace Review - Article Example This makes it difficult for them to see a doctor as it is estimated that they may only see a doctor once in a year when they are critically ill. This in turn increases the cost of treatment to more than what it could have been had the person sought medical attention at an early stage. (Rannan p62) A paradox of medical cost is that people who can least afford- the uninsured- end up being charged most (Tumulty and San Antonio, 2009). The author of this article was referring to a case where a certain individual had bought a short term health insurance cover and later was diagnosed with renal failure. The insurance company could not settle his bills due to the nature of his illness. He lost his job as he could not continue to work with his condition. Everything he had was getting lost until he had of a certain company that could offer him treatment at low cost in installments. This person could only get federal help once his renal failure was in end stage level. Struggling not to reach end stage failure was not easy but with the unfolding uncertainties and the hope of getting help while nearing his death had made him focus on that as the only chance of survival. This raises the question on whether the government priorities on health are upright. Should healthcare finance focus on when a condition reaches irreversible status to intervene? A fresh look at what has worked before in capacity building, and how agency practices can be improved, to avoid the lip service to capacity building that has unfortunately characterized past activities Although health care is a human a universal right, its provision is at the mercy of policy makers who in most case will be politicians, yet the matter requires more than political will. Identifying ways of approach that will help even the poorest in the society achieve basic health care without the overstretching their earning remains a challenge that cannot be

Sunday, February 9, 2020

Discuss the impact macro factors may place upon your chosen Essay

Discuss the impact macro factors may place upon your chosen organisation in the future (1-5 years) and how the organisation may - Essay Example In business there are different categories of laws, e.g. consumer laws etc. These are new laws set to protect consumers from illegal practices, such as misleading description of the goods offered. TESCO can cope with this rule by ensuring that it offers product of high quality to the customers as this will increase their trust to the company’s products. It should also distribute products which meet the required health standards to the consumers (Cole, 2012). This will ensure they meet customers’ expectations of getting safe and secure product, a factor that plays part in customer satisfaction. Employment laws are set to safeguard employees from getting mistreated by the seniors. The law addresses issues such as the length an employee is supposed to be working and the minimum salaries an employee need to get (Cripps, 2012). As much as Tesco aim to operate at a minimum cost, they have to ensure they give proper remuneration to their employees to enable them operate per th e law. By doing this, they will motivate employees thus increasing the rate of return to the business. Health and safety legislation is also part of the legal laws set to be observed by every company. It states the need of the organization to offer training to it employees (â€Å"Buxton Advertiser†, 2011). ... A competition law encourages government to subsidize the cost of production incurred by these small firms. This will enable them participate in external trade and compete with other established companies. To cope with this TESCO has to come up with effective ways to ensure that they reduce their cost of production. They can invest in other countries and also adopting the most advanced form of technology in writing to reduce their production cost (â€Å"Buxton Advertiser†, 2011). This will enable them compete with the firms getting subsidies from the government. With the expanding markets in the United Kingdom which is the first Tesco base, many new firms are entering the market to take advantage of the high demand thus increasing pressure on TESCO’s management to make necessary changes. Tesco organization can handle this by adopting a high level differentiation of the product in order to continue increasing brand loyalty by customers thus counter checking the thrill of the new entrant in the market (Cole, 2012). This will help Tesco to continue dominating the market. Another factor that may affect the Tesco’s ability to grow is the emerging power of suppliers. With the continued economic growth in the world, many suppliers of both goods and services have seriously been affected by upcoming supermarket chains (Cripps, 2012). This has put Tesco under a constant threat of losing its position in the market to these leading supermarket chains who are offering better prices of products to their suppliers. To avoid losing suppliers, TESCO has to provide better prices to suppliers. This will ensure they contain a significant part of the market. This will make the company the leading