Obama Healthcare plan vs. Clinton Healthcare plan Essay

Obama Healthcare plan vs. Clinton Healthcare plan - Essay Example Since Hillary has no mechanism for enforcing the individual mandate she proposes, Obama regards the mandate as a bluff. John Edwards, whose plan includes mechanism for enforcing the individual mandate that he has proposed, supported Obama’s criticism of Hillary and Hillary’s criticism of Obama. In the Edward’s proposal, proof of insurance will be required when income taxes are paid and when health care is provided. Thus, Americans will be compelled to buy health insurance. The Edward’s plans make provision for families without insurance and those that lose coverage. The former will be enrolled in plans such as Medicare and Medicaid while the later will be enrolled in other plans. The issue is not enrolling people in private health care plan but getting people to participate in the plan. Thus, the Obama plan makes perfect sense given that it resist individual mandate, which may be unattractive to a large number of people and may not easily be enforced. The President’s Medicare Plan: A Trojan Horse to Ration Health Care? Medicare, with $30.8 trillion in long term unfunded obligations, could cease to exist if the runaway cost is not reined in. The problem is how Medicare cost should be controlled. Two options are available: changing the structure and culture of Medicare through empowering patients to make health care decisions that lead to best results, in addition to forcing plans and providers to compete for the money; and top-down bureaucratic control of the cost of health care services. Of course, these options will reduce the cost but will simultaneously reduce the quality of health care. The first option, which was taken by Budget Committee Chairman Paul Ryan, has been described to give Medicare patients control over cost of services and freedom to choose how they access these services. The result according to Heritage’s Robert Moffit and James Capretta is value in return for the dollars. President Obama opted for th e second option: tightening the top-down bureaucracy and reducing Medicare payment to doctors and hospitals, in addition to reducing providers’ reimbursement rates. This option leads to reduced senior access to doctors. Under the second option, the Independent Payment Advisory Board (IPAB) will be strengthened to rein in cost of Medicare while improving the quality of care. The White House planned to equip IPAB to promote prevention without shifting cost to seniors. Though reducing doctors’ salaries will reduce Medicare cost as envisioned by the second option, according to British Physician Anthony Daniels strengthening IPAB to focus on prevention will be unsuccessful at addressing the fiscal problem The fact that Congress continues to delay in reducing doctors salaries suggests that the second option is not politically attractive. Pursuing health care reforms that put bureaucrats in charges will reduce patient access to care. The second option should be repealed to av oid such outcome. Will Obama’s health care plan mirror the 1994 Clinton failure? Former President Bill Clinton key policy plan in 1994 was a

Ethics case Essay Example | Topics and Well Written Essays - 1000 words - 1

Ethics case - Essay Example dy of a lady named Lisa Michaels who is a Certified Public Accountant (CPA) and presently works with Home and Personal Care Products as Finance Manager. She is an experienced and dutiful employee with a very good reputation for honesty and depth of analysis skills. In this case, Lisa faces the challenge of identifying loopholes in the financial matters between her own company Home and Personal Care Products and a company it acquired named Prestige Fragrance Company. Lisa has concerns over evaluation of the assets of the acquired company and Mr. Anderson, who is also a CPA and Controller of the merger on behalf of Prestige Fragrance Company has not managed to address Lisa’s concerns satisfactorily. Lisa thinks that the costs have been capitalized by Prestige Fragrance Company whereas they should principally be not. The ethical challenge for Lisa is to find answers to her queries without tarnishing the relationship between the parent company and the acquired company. Key stakeholders in the case include everybody working in and associated with both companies i.e. Home and Personal Care Products, and Prestige Fragrance Company in general, and the controllers of financial operations of the two companies i.e. Lisa and Mr. Anderson in particular. Lisa might lose her job if her claims are based on weak foundations and if she cannot find proof in support of her accusations that she has not yet openly made. Mr. Anderson, on the other hand, who is also a CPA and is respected a lot by the Board of Directors, risks losing his job as well as image if he is found guilty of capitalization of costs or presentation of liabilities as assets to Home and Personal Care Products. Stakeholders also include the people and companies that have purchased shares of the two companies because any profit or loss made by any of the two companies has a direct impact on the value of their shares. In order to maximize the likelihood of a successful merger, it is imperative that both companies