Point Of Reference 1 Health Care Benefits Application

30. A "no-additional-cost" service includes only those services in the major line of business in which the employee is employed.

All new employees are entitled to company benefits which include, pension, season ticket loan, gym subsidy, BUPA and PHI. Employees who wish to participate in any of these schemes, fill in a form with the relevant details which the employee must sign to authorise payroll to make the deductions from monthly pay. The majority of employees are permanent staff; there are only two on fixed term contracts. All employees employed on either a fixed or permanent contract are entitled to all the staff benefits as per The Fixed Term Employees Regulations 2002 (Thompson Solicitors, 2013). Global also has ten staff that are employed on a part time basis; these employees also have entitlement to all benefits on a pro rata basis, as per The Part - Time Workers Regulations 2000 (Compactlaw, 2013).

The benefits of working for this company include medical, dental, life and vision insurance. 401K saving plans are matched at a rate of 100% for up to 4% of your pay. The benefits package also includes competitive wages, paid time off, 8 observed holidays, tuition reimbursement for job enhancing courses, social activities, and free confidential counseling.

The Patient Protection and Affordable Care Act (Obamacare) had mame dramatic changes in the field of the health care system, especially in Medicare, that will seriously take effect in American seniors. Indeed, much of the health law’s new spending is financed by spending reductions in the Medicare program. In addition to the provider payment reductions, Obamacare significantly reduces payments to Medicare Advantage (MA) plans by an estimated $156 billion from 2013 to 2022.( Elmendorf, letter to Speaker Boehner). About 27 percent of all Medicare beneficiaries are enrolled in MA plans, a system of regulated and private plans competing against each other as an alternative to traditional Medicare. MA plans are attractive to beneficiaries because they offer more generous and comprehensive coverage than traditional Medicare by capping out-of-pocket costs and offering drug coverage to a rasonable

Spalding, D., 2008. Boosting Visibility of Benefits is Now Key Priority. Personnel Today, 28 June. p.14.

3.2 Credentials. The Executive received her A.B. from Brown University in 1990 and received her M.D. from Harvard University in 1994. Employee is currently enrolled in the MBA program at Fordham University and is specializing in Hospital Administration. She is schedule to receive her MBA before her employment under this Agreement begins.

16 State wages, tips, etc. 17 State income tax 18 Local wages, tips, etc. 19 Local income

(POS). There are over half of Americans with health insurance are enrolled in managed care

Castor Collins Health Plans, a regional health maintenance organization (HMO), in the state of Pantome provides HMO health insurance and health care services to enrollees through its statewide network of physicians and hospitals. E-Editors, a company with 1600 employees has asked Castor Collins to find an employee health insurance plan that accepts preexisting conditions at a maximum premium of $4,500 per person. Castor has two plans, which may fit the client's demands. This paper converses the selection method including risk factors as compared to premiums that the company is willing to pay. In addition, the paper also considers the selection method of Cigna as a comparison to data available for Castor Collins.

If one specific job entitles healthcare while others do not, this means people are more likely to stay with that job and not move to another position, [3].

Other programs under DM that have shown to be beneficial to both the members and the health plans are, shared decision-making programs and medical informatics. PPOs, HMOs and CDHPs have preventive services programs being implemented. Preventive services include services such as: immunizations, mammograms, physicals, and counseling. An independent study on an indemnity plan that had prenatal preventive services showed that members who enrolled into this program had an average of $3200 less per delivery than those who had not (p.194). Health risk appraisals are a program geared to obtain information from members regarding activities or behaviors that can affect their health status (Kongstvedt, 2007,p.193). When the health plan obtains this information it

Many employees must designate a health plan through their employer. These days, as HMOs (health maintenance organizations) and managed care plans continue to proliferate, that means a choice between bad and worse. As employees line up in the lunch-room for a process called open enrollment, they may be surprised to learn that managed care rates have gone up — again. The mirage that managed care is cheaper care is finally fading. And, for the first time in years, employees may also have the promise of free choice in medicine in the form of a new method of financing health care. Consumers are already aware of horror stories involving HMOs, but cheap rates persuaded many that managed care is less expensive. Recent

The plan allows employees to receive shares in the Fit Stop at no cost to the employee. (Long, 2013)

* Currently offers their employees fee-for-standard, 300 deductibles, 20 percent co insurance, FSA Flexible spending account

The Federal Employee Health benefit program is the largest employer health insurance program in the United States, insuring about 3 percent of all Americans. There are 133 plans, offering 188 coverage options that are participating in the FEHBP as of 2003. Preferred provider organization (PPO), fee-for-service plans, and Health Maintenance Organization (HMO) all offer options. The government’s contribution toward the cost of the beneficiary’s premium is “lesser of 72 percent of the average FEHBP plan premium, weighted by enrollment, or 75 percent of the premium for the plan chosen” (Karen Davis) .