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However, the insurance companies will have to provide coverage to every individual, without limit even to those with pre-existing health conditions. This process has been termed unconstitutional by US state supreme courts, arguing that the Americans should not be forced into health care coverage.
Whether or not the bill solves the issue of health care as a privilege depends on the general implication of implementing the bill. The bill is likely to throw away individual mandate if implemented. What this means for the healthcare industry is that the pricing policies in the industry are prone to enormous changes that may not end up favoring the end user of the health insurance. Individual mandate provides a constant and a large pool of insurance coverage purchasers. In this regard, repealing the individual mandate is likely to increase American health insurance premiums. It is important to point out that the Americans who will be without insurance cover will opt to make use of emergency rooms as their healthcare procedure. As a result, the accrued costs from emergency rooms procedure will be shifted to the insured. The law’s purpose is to extend health insurance coverage to the American community. However, the law is prone to failure in the context of the high insurance premiums. This bill therefore, and the resultant law therein may not solve the health care issue as anticipated.
The new health care bill has taken ethical and legal turns, with its applicability and benefit to the American society questioned. The Americans are expected to be health insured by the year 2014. Violation of this law will attract penalties as outlined in the law. However, the entire process has been termed unethical, because the law seeks to force people to comply. Freedoms of choice are hereby violated. The insurance companies will also be forces to cover all individuals, those with pre-existing
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The term Amplitude Modulation (AM) refers to the type of modulation in which an audio
signal is combined with a radio frequency carrier in such a way that total wave power is made to
vary in accordance with the modulating audio signal (Bertrand 1).
nce of activities in which, suppliers and customers both participate as suppliers have some input after which, value is added and lastly, output is given by customers.
“Lean” help leaders to understand that individuals are not broken, but the system, which means that people
If the demand curve is inelastic, the change in the amount of product supplied will be smaller compared to the change in the price (Boyes and Melvin, 2012).
Diagram A represents a product with an elastic demand curve while diagram B represents a product
Then firm 2 chooses quantity given the choice of Firm 1.
Part b: Compare the output of the Stackelberg to the Cournot duopoly output. (* of course you will have know, or look up the Cournot model that we dealt with in the first
he benefits of DFS technologies to organizations include server consolidation from older servers into fewer but larger more robust file servers, improved data availability, ability to use publishing applications, and DFS availability (Morimoto et al., 2006). DFS enables
us, as beef price increases and since the customers are price sensitive, the demand will decrease as the consumers will resort to consuming chicken since they lower priced. The consumers will thus reduce consumption of beef and increase consumption of chicken.
The supply of
a) The effect of change in fixed price on the profit maximizing point in addition to profit , revenue, and elasticity at the point of maximum profit is that the total cost will increase . This means ultimately the breakeven point will
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