Briefly summarize the different types of Medicare insurance programs
Martocchio, J. J. (2013). Strategic compensation: A human resource management approach (7th ed.). Upper Saddle River, NJ: Prentice Hall.
Question 1;Briefly summarize the different types of Medicare insurance programs; You are the compensation manager for a manufacturing company of about 200 employees. You are responsible for the companys healthcare budget. The company has been spending an increasing amount of money on health insurance every year with no relief in sight.
Currently, the company offers one plan, a traditional HMO that employees contribute to every pay day. The CEO wants to know what options are available to decrease the rising costs without sacrificing employee coverage. She does not want to offer less coverage, just pay less for the same thing or better. In a memo to the CEO, briefly summarize some of the options that the company should explore to contain its costs.
You will nto clearly explain each option; however, you do not have to provide any calculations as tis just a starting point to examine all potential plans and options to lower and contain costs.Your response should be at least 200 words in length. You must use at least your textbook to complete tassignment. All sources used, including the textbook, must be referenced; paraphrased and quoted material must have accompanying citations. All references and citations used must be in Astyle.
Question 2;The new Patient Protection Affordability Care Act (PPACA) requicertain employers to provide health insurance to eligible employees. There has been a lot of litigation surrounding tnew law; however, the United States Supreme Court has ruled the law is constitutional and valid. Explain an employers obligation under the requirements of tnew law.
Which employers does the new law cover? Which employees are eligible?Your response should be at least 200 words in length. You must use at least your textbook to complete tassignment. All sources used, including the textbook, must be referenced; paraphrased and quoted material must have accompanying citations. All references and citations used must be in APA style.
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