You are the chief financial officer (CFO) of a nonprofit organization, Seamus Company, and have been asked to analyze the company’s health insurance plans for any cost-saving measures. You have also been thinking of innovative ways to help reduce cost, such as leveraging resources through healthcare partnerships. Healthcare coverage is the sole principal employee-related expenditure for most employers (aside from salaries). Employers are shifting the healthcare cost to their employees by encouraging them to think more about health-related expenses and behavior. Employers increasingly offer incentives to remove spouses from employee plans. Employers may charge workers extra if a covered spouse has access to other insurance, or they may pay bonuses when spouses are not on the company policy.
2. Choose one of the strategies from part A1 to analyze the use of increased service benefits for Seamus Company by doing the following:
a. Discuss the healthcare utilization risk strategy that Seamus Company may face.
b. Describe three financial benefits to Seamus Company with the implementation of increased service benefits.
c. Describe three potential financial drawbacks to Seamus Company with the implementation of increased service benefits.
d. Explain how an employee’s increased usage of these service benefits can be beneficial to Seamus Company.
3. Analyze external healthcare partnerships and their financial benefits by doing the following:
a. Discuss two financial benefits from external healthcare partnerships.
b. Discuss two financial drawbacks from external healthcare partnerships.
c. Determine whether an external healthcare partnership would be beneficial for Seamus Company.
i. Justify your determination of whether an external healthcare partnership would be beneficial for Seamus Company.
Canadian Provincial Political Cultures Distributed: 23rd March, 2015 Last Edited: ninth January, 2018 Disclaimer: This article has been put together by an understudy. This isn't a case of the work composed by our expert exposition journalists. You can see tests of our expert work here. Any sentiments, discoveries, conclusions or suggestions communicated in this material are those of the writers and don't really mirror the perspectives of UK Essays. Canadian political culture is multi-layered and assorted. Three extraordinary nations have affected the advancement of this culture - The United States, The Great Britain and France. Accordingly, with regards to Canada, it can not be contemplated in disconnection from whatever is left of North America and Europe. Despite the fact that the development of North America was only a stage in broadening the political and social predominance of the European superpowers, in any case, it set up a course of monetary change in Canada. Amid the last two hundred years, Canadian political culture has been molded by five particular floods of movement - all of which have left their own monetary and social stamps on the whole nation (Easterbrook and Aitken, 1988: 3). The development of Canada financially, socially and politically is best depicted by Louise Hartz's "section hypothesis" who contends that pilgrim social orders, those like Canada, started as parts of bigger European social orders and that those social orders stayed set apart amid their history by the states of their beginnings. "Fragment" suggests that those new social orders would not be the total imitations of their parent ones yet they would rather comprise of the parts of those parent social orders - spoke to by the individuals who chose to emigrate (Bellamy, Pammett, Rowat, 1976: 68). Further, the disclosure of key characteristic assets in Canada like oil, gas, gold and others, made a reliance hypothesis which is genuinely exceptional to the nation - staples hypothesis of monetary development. Harold Innis, the originator of the hypothesis, contended that the improvement of Canada comprised of the arrangement of conditions upon the normal recourses - hide, angle, timber, minerals and others, all of which, thusly, have ruled the economy of the nation and were the essential fare items at once (Marchak, 1983: 21). The Maritimes The social orders of Nova Scotia, New Brunswick and Prince Edward Island change in the rates of improvement altogether. This locale could be considered as the most conventional and preservationist in Canadian political culture in general. The Maritimes are an uncommon case of how traditions, customs and convictions are supported over development and change. After the development of mindful government in the nineteenth century, there were just minor changes in practices and systems of legislative issues (Bellamy, Pammett, Rowat, 1976: 10-11). To begin with pilgrims were outsiders who came specifically from Britain - Yorkshire, Ireland and Highland Scotland. The prize of moving was deserving of a hazard, the Maritimes offered something that Europe, settled and overpopulated, couldn't - free land. Politically, Maritimes took after their American neighbors instead of those back in Britain as the whole district stayed under the firm range of authority of the New England. Regardless of that reality, Tory belief system in the locale was solid when the American Revolution up until the third flood of movement, when it was impacted significantly by the British liberals - a similar wave that brought Sir John A. Macdonald to Canada. Common War in the United States had constrained the Maritimes to reexamine the possibility of Confederation as it offered security and monetary strength (Dunn, 2006: 17-18). Nova Scotia is the most progressive of every single Atlantic territory in regard to social, monetary and political improvement. Halifax, Nova Scotia's biggest urban focus, has a higher rate of industrialization than different zones in the district. With regards to staffing the organization there is less utilization of support and the choices are made exclusively on the standard of legitimacy (Bellamy, Pammett, Rowat, 1976: 11). Religion comes as a necessary piece of the Maritimes' political culture. There are four political gatherings in the PEI - Conservative, Liberal, Catholic and Protestant. For a considerable length of time, it has been thought to be an extreme undertaking to anticipate which gathering would take the high ground amid the races. One thing was for sure however - settled quantities of Catholics and Protestants would be chosen each time paying little mind to which gathering would win the race (Dunn, 2006: 18-19). The Maritimes' political culture is in part solidified in the nineteenth century. Today, much the same as two centuries back, the administration is considered as a negative power in the economy and society - something that isn't to be trusted. To affirm this, educator S.D. Clark has noticed that "the angler of Nova Scotia were basic people who had small comprehension of the complexities of the financial, political and social world around them. Their issues appeared to be sufficiently straightforward, made troublesome just by the impedances of the administration far evacuated and past their achieve." (Bellamy, Pammett, Rowat, 1976: 16). Newfoundland Newfoundland is a territory that emerges from all the others. The territory experiences the old scars in its history and contending dreams from the past governments and up until the point that today it attempts to discover a harmony amongst joining and independence. Dismissing the Confederation at first in 1867, which was a mainstream choice as home lead was supported over modern free enterprise, the region acknowledged it in 1949 (Tomblin, 1995: 67-68). Getting away from the chapter 11 in the 1930's, Newfoundland requested an immediate British manage by surrendering its self-administering territory status picked up already by the Statute of Westminster. Not at all like Canada, Newfoundland wound up naturally associated with World War II nearby Britain (Dunn, 2006: 16). Post war period, notwithstanding, conveyed political change to Europe as well as to Canada also. Debilitated by the war, Britain was in decay and could never again bolster Newfoundland monetarily, as Valerie Summers noted - "In the post-World War II time of political changes and British dollar deficiencies, the premiums of the British government in taking out the cost of upkeep of Newfoundland's organization prompted Newfoundland's development out of the British area into Canadian ward" (Tomblin, 1995: 68). Newfoundland is very particular from alternate regions in its financial, social and social improvement. Being segregated from Canada and whatever remains of North America for a long time it was incredibly affected in its conventions by the United Kingdom. Newfoundlanders were situated toward the non-materialistic estimations of West Country England and Ireland - their parent networks (Bellamy, Pammett, Rowat, 1976: 3-4). For a considerable length of time Newfoundland's economy was focused on cod angling. The area's populace was for the most part rustic made out of enclaves which were called outports. The lion's share of outporters lived in a semi-medieval association with the fish traders called the "truck" framework. To place it in a couple of words, the "truck" framework was a deal arrangement of monetary relationship, which has dispensed with the idea of cash from the outports totally. Since the confederation, the administration started the program that empowered excursion of the outports and moving their occupants to greater urban communities (Ibid. p.4). Another unmistakable element of Newfoundland is its extraordinary patriotism and social duality. While Irish Catholic foreigners ran to St. John's and Avalon Peninsula, the English Protestants favored north of the island and the outports (Dunn, 2006: 15). This has made a standout amongst the most genuine cleavages in the territory - split between the Irish and the English populace. Newfoundland could be considered as "provincially key" and just incompletely secularized society where religion still assumes a critical part in everyday exercises. It stays more "English" than some other region in Canada (Bellamy, Pammett, Rowat, 1976: 7-8). Quebec The settlements in Canada's New France were rising gradually in the beginning of colonization; notwithstanding, foreigners started to move in higher numbers once the hide exchange wound up a standout amongst the most essential staples in the locale. After the settlement of Utrecht, all French North American grounds were exchanged under the control of the British. French-talking populace loathed such a change considering, to the point that it would undermine their lifestyles, their way of life and dialect (Croats, 2002: 18-19). Losing its North American terrains, France stayed far away in Europe, engrossed with wars and matters in its outstanding states - Quebec seemed, by all accounts, to be cut off from its parent nation. The Catholic Church has filled in as a gatekeeper of Quebec's qualities around then and the Catholic ministry were viewed as a New France's societal pioneers. Despite the fact that the British were formally in control they ensured the continuation of Quebec's way of life and conventions as an end-result of dependability to the Crown (Dunn, 2006: 20). This organization went on for some, ages up until 1960's, the point at which the ascent of phenomenal patriotism in Quebec came about because of crash of English liberal thoughts and traditionalist perspectives of the French. With subsiding conservatism and rising liberal thoughts in Quebec in 1960's, the territory started its mission for national self-assurance in a start of overall decolonization. Reasonable for say, it was fairly a tie response to occasions that were going on in various previous French settlements at once, especially in Africa (Ibid. p. 22). The death of Bill 101 out of 1977 by the Quebec's National Assembly has been viewed as an indication of help to the French; The Bill was the primary strong report to guarantee the perpetual quality of their way of life and dialect. The creators of the Bill tried to make French predominant in the area and to invert the demographi>GET ANSWER