Medicare Research Paper Example | Topics and Well Written Essays - 1500 words

Medicare - Research Paper Example However, it is of essence to note that this insurance program is faced with numerous challenges that have led to strains on various stakeholders that access help from this program. This essay will attempt to assess the Medicare Insurance Program and the issues that have faced this program, the costs of the challenge and the possible solutions that could help solve the issues facing the insurance program. As Schieber, et al (2009) write, Medicare has had its share of problems for the longest time. Among the challenges that Medicare faces ranges from financial problems to management issues that have seen the insurance program fail to deliver services as would be expected of them. Failure of Medicare to fully deliver its services is huge challenge as the beneficiaries fail to get the required services. With reimbursement of funds being a major challenge, it is obvious that the persons with chronic conditions will not help as they would wish. On a deeper insight, it is evident that the population is growing by the day. Schieber, et al (2009) write that as soon as the younger generation get to their old age, the healthcare system will not provide the required services to the aged. This fact explains the reason behind the healthcare services being very expensive for a majority of US citizens. The Medicare challenges affect a huge percentage of people, organizations and even government agencies. However, it is very crucial to note that the tax payers are the most affected persons by the challenges of Medicare. As seen in the research conducted by Schieber, et al (2009), the American workers are spending too much of their pay towards the Medicare program, but most of them do not enjoy the outcomes of the health service. Worse still, the authors continue to indicate that some individuals actually spend from their pockets to get treatment (Schieber, et al., 2009). An analysis of this fact

Short-term obligations Essay Example | Topics and Well Written Essays - 1250 words

Short-term obligations - Essay Example It is evident from the study that businesses apply a variety of ways to finance their short term obligations. The obligations are outstanding payments that are to be made but outweigh organization’s current assets. As a result, external sources are the only available options for offsetting the liabilities. One off the approaches to financing ‘short-term’ obligation is the use of trade creditors. Creditors are entities that are owed money by the organization for goods delivered or services offered to the company. They occur when benefits are received but no consideration is transferred. The effect of trade creditors is that they allow for retention of cash and cash equivalence within the organization. The cash that would have been paid to the creditors can then be used as a source of finance to ‘short-term’ obligation. ‘Short term’ obligations can also be financed through ‘short term’ loans. Banks and other financial instituti ons offer financial services that an organization can use for financing its current liabilities. There exists a wide variety of ‘short term’ loans. Unsecured loans as well as loans that are offered upon guarantee are examples of available options from the financial institutions. â€Å"Revolving line of credit† is another possible option for financing the ‘short term’ obligations. The arrangement in which a bank agrees to offer specified amount of money to an enterprise on a renewable term provides availability of funds as may be needed by an organization. This is because once an arrangement is made for the revolving fund; the company is assured of obtaining it in case of need. (Worldacademy, n.d., 1; Pride, Hunges and Kapoor, 2011, 577). Factoring is another suitable approach to financing ‘short term’ obligations. This is defined as the transfer of rights over debtors to a third party for finances. The arrangement involves a form of sale of debtors’ accounts to another entity that will then offer money based on the accounts receivables balances and the risks involved in the accounts. The transaction also offers money for offsetting ‘short term’ obligations. Other possible methods of financing ‘