Social Health Essay Example | Topics and Well Written Essays - 500 words

Social Health - Essay Example There is substantial evidence that shows that Americans do not attain the care they deserve despite the fact that USA spends more money per individual that any other country in the globe. The preventive care in the America’s health system is underutilized which results to a higher spending when the diseases advance to complex stages. The aspect hence questions effectiveness in the America’s health system in terms of service delivery. Similarly, the financial effectiveness of the America’s health system has been in question. The research that was carried out in the year 2009 indicates that approximately 62 percent of the entire personal bankruptcies in USA are linked with medical bills. This shows that the system is not financial effective at all (Sultz & Young, 2011). The America’s medical system has an estimate Medicare fraud of 60 billion USD annually. The fact shows how ineffective the America’s health system is. Lack of enough transformation incentives in terms of service delivery as well as strengthening infrastructure has greatly affected the America’s health system sustainability. In conclusion, the America’s health system’s effectiveness is yet to be realized (Sultz & Young, 2011). Various reasons prompted the need for health reforms especially in USA. One of the reasons is the need to address the adverse practices in the health industry such as fraud, waste and abuse. The need for provision of better health insurance coverage for all the Americans is another main reason that triggered the need for reforms. Lowering the health care costs and improving service delivery is the third reason while improving nation’s economic outlook through reducing budget deficit by improving Medicare’s sustainability is the fourth reason (Sultz & Young, 2011). The affordable care act that was enacted under the president Obama’s reign has addressed several key features. One of the key features addressed in this act is

Managing financial resources and development editing Essay

Managing financial resources and development editing - Essay Example The company can also increase or improve on its sales so that however much the payments are, the receipts will still be more in order to for the company to meet its current liabilities Net Present Value is the difference between the present value of the cash inflows and the present value of the net outflows. Project cash flows are discounted using an appropriate rate, which is the minimum rate of return required by the investor. In the case of these two projects; Alpha and Beta projects, the discounting rate is 10% which is used to calculate the discounting factors with the formula 1/(1 + r)n where r is the discounting rate and n is the number of years. The appropriate cash flows are the after tax cash flows, therefore the net cash flows should be estimated on the after tax basis. However, in these projects, there was no tax involved and no project had a residual value after the completion period of 5 years. Computation of cash flows requires a special treatment of non-cash expenses such as depreciation though in these projects, there is no depreciation considered. However, in case of depreciation, it has an indirect effect on the cash flow since it is a tax deduc tion expense. The general criteria for Net Present Value is that the project with a negative net present value should be undertaken since it increases the wealth of the shareholders and a project with a negative net present value should not be undertaken since it reduces the wealth of the shareholders. In a case where the manager is faced with several projects and would like to choose one to implement, then the net present values of all the projects will be calculated and compared. The project with the highest net present value should be preferred to the others with low net present value. Considering these two projects: the project Alpha and project Beta, both the projects will last for 5 years and will have a discounting rate of