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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

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 need to clearly explain each option; however, you do not have to provide any calculations as this is 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 this assignment. 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.

 

Question 2

 

 

The new Patient Protection Affordability Care Act (PPACA) requires certain employers to provide health insurance to eligible employees. There has been a lot of litigation surrounding this new law; however, the United States Supreme Court has ruled the law is constitutional and valid. Explain an employers obligation under the requirements of this new 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 this assignment. 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.

 

 

Question 2

 

 

 

The new Patient Protection Affordability Care Act (PPACA) requires certain employers to provide health insurance to eligible employees. There has been a lot of litigation surrounding this new law; however, the United States Supreme Court has ruled the law is constitutional and valid. Explain an employers obligation under the requirements of this new 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 this assignment. 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.

 

Question 3

 

 

 

Briefly summarize the different types of Medicare insurance programs. What coverage is available? Who is eligible? What, if any, is mandatory coverage?

 

 

 

Your response should be at least 200 words in length. You must use at least your textbook to complete this assignment. 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.

 

 

 

 

Question 4

 

 

 

Outline the differences that exist among the various types of retirement programs available. Which retirement program, in your opinion, provides the most benefit to employees? Explain your choice.

 

 

 

Your response should be at least 200 words in length. You must use at least your textbook to complete this assignment. 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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