...Were we surprised that our webinar, “Insolvency Law Reform – The Essentials”, had the highest registration and attendance rates in the past year? No, because the topic is very relevant to those who practice in this demanding industry. Our webinar highlighted a little known fact – that insolvency law reform is an initiative under the Government’s “National Innovation and Science Agenda”. Among other things, such initiatives are aimed at aligning business laws with a culture of entrepreneurship and innovation. 2 tranches of reform were implemented in March and September 2017 by the Insolvency Law Reform Act 2016. Tranche 1 was about the registration and discipline of practitioners, and tranche 2 was about the insolvency administration process....
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...Individuals in the United States English 215, SEC 035BVA016, Strayer University Abstract The availability and cost of healthcare for the majority of people living in the United States was researched to try and understand as to why so many are left without any affordable options once they have lost their jobs or have reached retirement age. The goal of this paper was to thoroughly examine healthcare reform and the possible options that may become available to the people in the United States while focusing on the problems many will face once the law takes effect and they are unable to make such purchases with their current income only being forced to pay fines. Healthcare reform should provide assistance to those who are unable to purchase insurance on their own and further assist those who currently have insurance. The fear among the people it that it will only further cause low-income families to be faced with a larger problem of having to cover fines because of their lack of funding to make such purchases. Only time will tell which way this reform will lean towards with the inception date of 2014 when all will be required to carry medical insurance or be faced with unwelcomed penalties. Healthcare: A Problem Facing Many Individuals in the United States Healthcare, the cost and availability for the average individual living in the United States has become a major issue which many are now being faced with especially after the attacks on the United...
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...projection for the effects of the Affordable Care Act (ACA). A more defined explanation and history of ACA: Federal health reform uses an approach that starts with the health insurance system we currently have in place in the United States. Health reform builds upon our current health insurance system to provide more people with access to health insurance coverage, establish legal protections for consumers, and set up mechanisms for consumers to shop knowledgeably for insurance. On July 14, 2009, House Democratic leaders introduced a 1,000-page plan for overhauling the US health care system, which Obama wanted Congress to approve by the end of the year. After much public debate during the Congressional summer recess of 2009, Obama delivered a speech to a joint session of Congress where he addressed concerns over his administration's proposals. In March 2010, Obama gave several speeches across the country to argue for the passage of health care reform. After Obama announced an executive order reinforcing the current law against spending federal funds for elective abortion services, the House passed the version of the bill previously passed on December 24, 2009, by a 60-vote supermajority in the Senate. The bill, which includes over 200 Republican amendments, was passed without a single Republican vote. On March 23, 2010, President Obama signed the bill into law. Immediately following the bill's passage, the House voted in favor to make significant changes and corrections to the Patient...
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...into law the Patient Protection and Affordable Care Act on March 23, 2010. This is also widely known as “Obama care” and is the new Medicaid. This comprehensive health reform law has brought about significant changes in the health system. I am specifically focusing on three of the main components of the law, delivery system improvements, health insurance coverage and cost containment. Though many may disagree with the “right” solution when it comes to Obama care, it is commonly agreed that there is a fundamental problem with the current healthcare system: nearly 50 million people in this nation are without insurance and those who are covered face high premiums with plans that do not cover the services they need. This current system is inefficient and therefore is poor quality and creates high cost. The ultimate goal of the legislation was to extend both private and public coverage to about 32 million people who were uninsured; to improve access to quality coverage for the uninsured; to improve how affordable coverage would be; and to ultimately reduce the overall growth in health care costs. Now for the pros and cons of this law, this was passed on June 29 2012. The pros of this law are that Patients with pre-existing conditions cannot be denied coverage by insurance companies, and companies can no longer drop someone once they get sick. This also means that if an insurance company denies someone coverage, that person can go to an external appeals process. “If the law is upheld...
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...RUNNING HEAD: Week 6 Assignment #2 Week 6 Assignment #2 Strayer University Online November 13, 2014 Reforms for slowing the growth in health care spending and increasing the value of care have largely focused on insurance-based solutions. Consumer-driven health care represents the most recent example of this approach. However, much of the growth in health care spending over the past twenty years is linked to modifiable population risk factors such as obesity and stress. Rising disease prevalence and new medical treatments account for nearly two-thirds of the rise in spending. To be effective, reforms should focus on health promotion, public health interventions, and the cost-effective use of medical care. Disease prevention/health promotion approaches are key to slowing the rise in health care spending (Thorpe, Kenneth 2014). Over the past five years the cost of health insurance has risen 54 percent. This persistent rise has recently been attributed to the low out-of-pocket costs paid by consumers. Being oblivious to not knowing the full costs associated with health care, consumers demand more and “overuse” it (moral hazard). The growth in spending has also been linked to the rising use of prescription drugs and new medical innovations and treatments. Many others believe the rise can be traced to the lack of competition in the health care marketplace and have proposed new approaches for health plans to compete on price and outcomes. Economists thinking about...
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...who can't afford healthcare actually deserve it. The biggest issue with the Obamacare Plan is whether it is or isn't Constitutional and what that means for the people of the United States. The Patient Protection and the Affordable Care Act, also known as Obamacare is a United States federal statute signed into law by President Barack Obama on March 23, 2010. Together with the Health Care and Education Reconciliation Act, it represents the most significant regulatory overhaul of the U.S. healthcare system since the passage of Medicare and Medicaid in 1965 (Wikipedia 2012). The main focus of Obamacare is to leave no person without health coverage. The majority of US Citizens struggle or can simply not afford health care thus not having proper treatment for illness for themselves or their children. The Obamacare policy is a reform of the Patient Protection and Affordable Care Act that was passed by Senate in December, 2009. Shortly after in 2010, the house abandoned this reform bill and amended it into the Health Care and Education Reconciliation Act of 2010. Obamacare has many pros and cons and is so controversial that it makes headlines constantly. The pros to Obamacare I could go on about but I will hit a few. The major one is this unbelievable and rather sad...
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...death penalty is unconstitutional. After this decision the court has decide to leave the decision on the states to make their laws on the issue of capital punishment. Now advocates are trying to make new laws to end the autocracy and 35 states including Florida they enact the new laws of death penalty. Death penalty was imposed by Supreme Court in 1976 with some reforms which were come from all the states. They provide some guidelines for judge & jury on which behalf death penalty should impose. The guidelines were accepted in 1976 by supreme court in in Gregg v. Georgia (428 U.S. 153), Jurek v. Texas (428 U.S. 262), and Proffitt v. Florida (428 U.S. 242) and commonly this decision is known as Gregg decision. This death penalty decision is imposed or we can say reinstated first on Florida, Georgia & Texas. It came under the 8th amendments of the constitution. Under these reforms there were three procedures which is going to follow every time when someone came under death penalty. First bifurcated trials happened in which there is separate comment for the guilt and number of phases of the trial. Then after it second one is to see whether the crime require death penalty or lesser punishment. Last reform is to review convictions and punishment made. These procedural reforms will helps to states to eliminate the death penalty cases. Due to these reforms which force to Supreme Court to reinstate the death penalty in 1976 after a 4 year hiatus. It is not used as deterrent by the...
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...Federal tax reform has been a topic of discussion for some time now. As the national deficit has continued to increase over the past few years, so has the priority for this analysis. Although a number of proposals have been submitted, the problem is coming to an agreement on how exactly the code should be reformed, if reformed at all versus starting with a brand new code altogether. The problem is that there is no cookie cutter tax system that will be fair to all. With that being said, is a flat tax the way to go? There is no tax system that would be beneficial to all Americans. Just like any tax reform, a flat tax system has its own set of pros and cons. For example, a flat tax system would eliminate the current extensive tax code that is extremely difficult to interpret. It would result in an easier understanding of the tax code as well as reduce the chance for errors and tax fraud (Sonic, 2013, para. 7). Additionally, it would cause a reduction in the need for paid tax preparers, which is actually a pro and con. It would save taxpayers money by eliminating the need for paid tax preparers but at the same time would also cause a reduction in the workforce for that industry (Sonic, 2013, para. 7). As a result, this would cause a rise in the number of displaced workers’ as well as putting numerous tax software companies out of business. Moving on, a flat tax would eliminate the ability to create tax loopholes by the government, as previously done, for personal favors or campaign...
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...B Bailey Health Reform Plan The Clinton Healthcare Plan of 1993 also known as the Health Security Act was a package presented under the direction of President Bill Clinton. His presidency started on January 20, 1993 and lasted until January 20, 2001. During his 1992 presidential election, Clinton pushed for this bill to be passed by Congress. “After nine months of brainstorming and politicking, President Clinton delivered to Congress today a 240,000-word proposal for universal health insurance” (Pear, 1993). This manifesto was the most multiplex, comprehensive plan conveyed by any President. Under the Clinton plan, most Americans would get health insurance coverage only in regional alliances. “ A company with more than 5,000 full-time employees could operate its own health insurance program outside the alliances. People working at company headquarters would be in the corporate health plan” (Pear, 1993). If there were employees of a large company that worked in another state with 100 or less than they were able to join the local alliance there. The Clinton Healthcare Plan of 1993 would supply additional treatment of helping. “Mr. Clinton said his proposal would provide much more coverage of preventive services than is usually found in private health insurance plans” (Pear, 1993). The Patient Protection and Affordable Care Act (PPACA) of 2010 also known as Obamacare is a United States federal law signed in by President Obama on March 23, 2010. This law, jointly with the...
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...Obama signed the affordable care act into law (American Public Health Association, 2014). This law will potentially provide up to 44 million people the chance to be able to gain a health care plan that they can afford. Several people have a big issue with this because some regulations of the law give a large amount of control to the federal government. People argue that this involvement from the government makes the law unconstitutional. The biggest question being is if the pros outweigh the cons and if the plan will benefit the people of this nation There have always been issues in this country with healthcare being extremely expensive. This being the case, many people have been forced to go uninsured and put their own health at risk simply because they could not afford to make it a priority. Not only does this cause them to go without preventative care, but when the time comes in an emergency and medical attention is needed the average American cannot afford to pay the out of pocket medical bill and ends up filing bankruptcy on the medical bill resulting in the hospital losing a ridiculous amount of money. President Obama along with many Americans agreed that something has to be done to change this travesty. There are many pros and cons to the Affordable Care Act that needs to be evaluated in order to decide if this law is good or bad for our country. The following are some main points that we all need to think about: Pros: • Affordable benefits • Children’s...
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...into place not everyone is going to be happy with it. Sure, some policies will benefit some people more than others and some can just plain benefit the ones who run the country. Obamacare has some history behind the issues, benefits, and policies that will be placed on Americans to abide by. Here are some of the pros and cons of such a policy and how they weigh in weather or not if it is good or bad depending on how it affects you and your family. The Pros of Obamacare What greatly increases these conflict and debates are rooted in the constitutional framework of federalism, which is derived from the 10th Amendment. Federal health care policy “Obamacare” is one of these conflicting issues that have a significant federalism component that requires national, state, and local interaction. This has also leaded to a great deal of potential tension among different levels of government. Obamacare is an overall Medicaid expansion that is supposed to be one of the biggest milestones within healthcare reform by insuring up to 21 million Americans over the next decade. This expansion to Medicaid is supposed to provide the nation’s poorest with health coverage. “The law previously required states to cover their poorest or lose federal funding to Medicaid (federal funding covers 90-100% of the costs) until the Supreme Court ruling on Obamacare” (Obamacare, 2014). The history behind this ended up with the fact the each state has the opportunity to decide whether they want...
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...Johnson HCA-255 February 21st, 2014 Prof: Deborah Conway Health Reform Why the Clinton Health Reform Plan never passed in the 1990”s Possibly the Clinton organization's utmost error was unwarranted determination. The strategy struggled instantaneously to protect worldwide insurance coverage, controlling the isolated coverage market, changing health care funding through a company requirement, regulate prices to planes imposed by a nationwide health panel, and change the provision system through managed care. In the least any one of these ideas alone was going to be difficult to achieve, and even though there is a practical validation for taking all of them on at one time, it would prove to be an administrative double-crossing task. Without a doubt, each element of the Clinton plan stimulated conflict (Joanathan Oberlander, 2007). The National Federation of Independent Business strongly was against the business obligation. The Health Insurance Association of America struggled against coverage guidelines and federally enforced price controls. Congressional Republicans criticized the whole design, including the health agreements, as being too much “big government.” The organization's hold on to the proficient opposition of health care system change separate well-insured, middle-class Americans (Joanathan Oberlander, 2007). The Clinton organization both overestimated the opposition and misjudged the support for reform. The organization did not organize any planned constituency to...
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...Author | Title | Summary | Genre | Date | Pre/Con | A | ----------- | Obama Administration Blast House Vote Against DREANers, Vows It Will Not Become Law | The White House make a decision on what they want to do and how was the dreamer’s reaction about the white house and the democrat’s decision. | Fox News Latino | June 07,2013 | Con | B | Daniel González | More ´More Dreamers’ risk arrest, deportation to help cause. | Some Dreamers from Arizona went out with posters and with candles because they want a final decision but some of them end up deport back from where they were born. | Internet Article | August 26,2013 | Pro | C | ------------ | Dreamers dejan de tener ´fe´ en la reforma migratoria. | In this Article the dreamer longer have faith on immigration reform and they are given us the information when they came here and why. | Internet Article | September 17,2013 | Pro | D | ------------ | Dreamers stop deportation bus in ongoing escalation at Ice Facility in Phoenix | Phoenix Report some dreamers case because a group of them want to pray for a hope and start founding money for the immigration law. | United We Dream / Internet Article | September 21, 2013 | Pro | E | Lauren Fox | GOP Dream Act Not Enough For Dreamers | Basically in this article can tell what the dreamers want, why they want etc… They just want the American dream like every American and work and have a better life. | U.S News | July 22, 2013 | Pro | F | Mike Keefe | The Denner Post | There...
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...States and has been met with much praise, as well as much contempt. While I deem myself a neutral party in presidential election and political action, I find myself at a crossroads still when dealing with the healthcare plan. It’s devised to aid Americans in the ever growing need for insurable care and sustained peace of mind that they may or may not be able to visit a physician, and not go bankrupt because of it. The following will educate readers of the new healthcare law enacted recently and provide both pros and cons for Americans, physicians, and insurers alike. The Affordable Healthcare Act was passed by congress and signed into law in March of 2010. The law plans to provide better health security by implementing health insurance reformation. This means insurance companies will be held more accountable in dealing with physician visits, healthcare costs will be lowered, and quality of healthcare will be obtainable by a larger spectrum of Americans (www.whitehouse.gov/healthreform). The main goal of the law is to provide insurance for every American. Those with employer supplied health insurance would keep their existing benefits. Further, any company with 50 or more employees must provide health coverage or pay a fine of $2,000 per employee per annum. Each state will create health insurance exchanges to provide health coverage for the self-employed and those without access to employer programs. Everyone is required to purchase health insurance or pay a...
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...the private insurance sector healthcare is very expensive and in most cases not affordable in Unites States. According to HHS.gov, “The Affordable Care Act puts consumers back in charge of their health care and under the law, a new “Patient’s Bill of Rights” gives the American people the stability and flexibility they need to make informed choices about their health (2014). Like every new law ACA also has its pros and cons. The benefits of having ACA is that it includes reforms designed to help all Americans, such as prohibiting insurers from denying coverage for pre-existing conditions, expanding Medicaid eligibility, subsidizing insurance premiums, and providing incentives for businesses to provide health care benefits (Sorrell, 2012). Insurance companies will no longer be able to drop clients when they become ill, the act has the potential to improve health outcomes across all income and age groups at a reduced cost (2012). Some of the disadvantages of ACA are that Americans who are employed will have to pay more for their health care coverage. Most middle-class Americans hold full-time jobs and receive health insurance through their employers. Health care costs were rising before the Affordable Care Act became law, and combined with the effects of the law, employers will likely re-evaluate the insurance they offer (UPMC, 2013). As employers attempt to reduce the cost of providing coverage to employees, employed Americans may pay more for their work-based health insurance...
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