Health Care Reform (OBAMA) Essay Example | Topics and Well Written Essays - 750 words

Health Care Reform (OBAMA) - Essay Example These two bills were the Patient Protection and Affordable Care Act (ObamaCare) that was signed into law by President Obama on March 23rd, 2010. The second bill was the Health care and Education Reconciliation Act, which was also signed into law by President Obama on March 30th, 2010. There are further reforms intended for the future and have been proposed including a reduction fee for service medical care and single payer system. This paper seeks to discuss the impact of the two-abovementioned legislations on healthcare on doctors, coverage, access, costs, employees and its impact on businesses. A major characteristic of ObamaCare is that it is primarily targeted at low and middle-income families and businesses. ObamaCare also contains some obstacles for high earners, larger firms that do not insure their employees and certain sectors of the healthcare industry (Carrigan 81). As with any other law, ObamaCare poses a lot of benefits and gains for the average American and little disad vantages. High-income earners might criticize ObamaCare and large corporation for targeting them in what might seem a witch-hunt against corporate America. However, this is in an effort to cushion the average American who is at disadvantage because of their meagre income and they cannot afford health insurance. As an insured adult with an uninsured 22-year-old child, the new healthcare reforms are an added advantage. This is because it increases access and coverage for healthcare insurance and increased the maximum age for coverage from 22 years to 26 years (Carrigan 77). Through ObamaCare, insured adults with uninsured young adults as dependants will experience extended covers for up to the age of 26 years of age for the dependants (Ciocchetti np). This will result in an 82% increase in the number of insured adults through the availability and accessibility of low cost insurance and the availability of free healthcare insurance for qualifying adults. This new legislation will see t o the introduction of new rights and protection characteristic of guaranteed coverage for pre-existing conditions and the elimination of gender discrimination in the health care system (Carrigan 80). Despite that fact that medical insurance premiums are set to be higher, the quality of medical insurance will be of guaranteed quality and standard for all registered individuals. Obamacare will make it possible for millions of people to access affordable and quality medical health insurance through the marketplace (Ciocchetti np). This will be a boost to low income earners who did not have access to health insurance because it was inaccessible. The cost of healthcare will increase because of the widened coverage criteria, which will result in higher premiums for some sections of society. The cost implications of the healthcare reform will not affect me because I belong to the category being shielded by the legislation. This will be through increased coverage and access. ObamaCare is bo und to have different impacts on employees and employers, with some benefiting more than others. Their employers guarantee them a mandatory coverage over the period of tenure as employees of any firm. Small and medium scale enterprises and businesses will get tax credits for up to 50% of their employees’ health care insurance premium costs (Carrigan 78). This will translate to better working conditions and

The News Corporation Case Study Example | Topics and Well Written Essays - 5250 words

The News Corporation - Case Study Example Especially, in this year TNC acquired the film company Twentieth Century Fox. The acquisition was drawn attention since it provided the company with access to studios for making films and television programmes, to a film library and to a distribution platform which created opportunities for TNC develop and expand its businesses to a multinational, multimedia company at the forefront of global marketing. From then on, TNC became a citizen of the global village. On Feb 5th 1989 TNC launched Sky Television in the UK, a direct-to-home (DTH) satellite broadcasting television network. Satellite broadcasting provided the opportunity for broadcaster to increase the footprint (distribution) of any channel, allowing the distribution of programs to more than one country for the first time. It was seen of great importance for the media industry in term of distribution channel. In the 1990's the economy was slowing down and banks worldwide experienced a liquidity crisis. TNC experienced a bad performance from Ansett Airlines and Twentieth Century Fox. The investment of new printing equipment for the UK resulted in a financial gap. Due to that fact, it was realized that the company needed restructuring to repay all loans. There were a number of key issues with regard to recovering the company: After experiencing Strengthening the company's balance sheet Improving and expanding existing businesses Building new businesses Nurturing and guiding of company's products Strategic planning, examining opportunities around the world After experiencing bad performance in its business and restructuring of the company, TNC has endlessly expanded its business throughout the world and notably as early as 1993,TNC moved into Asia with the acquisition of the Hong Kong-based satellite TV company Star TV, which broadcasts free-to-air over China, India and other 51 other countries. These markets were seen potential for TNC in a long run as they cover around 2/3 of the world's population. 1995 TNC joined with 3 other television, programming, and distribution groups to create a satellite service covering Latin America. This showed joint venture and alliances are in strategic choices of TNC which can help the company be better off in a long run and a beneficial for the parties involved and can offer more values for the customer. 2000 TNC restructured all its satellite interests into a new entity named Sky Global so as to enable the management team to build on the successes of BSkyB and to migrate those to the other satellite platforms of Sky Global.With regard to parenting, TNC was the creation of one man. Rupert Murdoch has been the chief executive since 1953. He is the driving force and most major decisions are made by him. His management style was supplemented by an extremely efficient reporting system. The business is built on Rupert Murdoch's Empire and his vision, ruthlessness and daring. He maintains control of his businesses by looking outside of the business to the regulatory environment that might constrain his activities. Besides that, Murdoch was affected by national regulatory systems and his political friendships have brought him influence in this area. In addition, his personal politics are right