Financial Analysis of Affordable Health Care Plan in Maryland
The implementation of the Affordable Health Care Plan in Maryland requires comprehensive analysis of the financial aspects of this health policy relative to its health benefits, especially in enhancing health coverage to the low-income individuals and families in this state. The financial analysis process of this health policy requires identifying the most suitable means for addressing financial uncertainties in the process and examining the economic viability and financial aspects of allocation process. These are crucial elements to consider because they affect the economic feasibility of the proposed health policy and helps in determining its suitability in addressing the existing health care issues and concerns.
According to McLaughlin & McLaughlin (2014), there are three major approaches that can be used to handle important uncertainties in the financial analysis of a proposed health policy (p.302). These three approaches are adding a risk premium to the discount rates that are utilized for uncertain segments of the calculations, creating a subjective probability allocation for the uncertain values and implementing the allocation to the modeling process, and investing in more research to lessen uncertainty (McLaughlin & McLaughlin, 2014, p.304). These approaches are crucial towards dealing with significant uncertainties in financial evaluation with regards to costs and benefits of a proposed health care policy.
For the Affordable Health Care Plan in Maryland, the most suitable approach for handling important uncertainties in financial analysis is investing in further research to lessen the uncertainty. This is an important approach in Maryland's Affordable Health Care Plan policy process because it enables policy makers to identify the accurate estimate of cost and the use it in the implementation process. Generally, investing in further research to decrease the uncertainty is an important step in this policy process because of its ability to generate precise estimate of the costs of the proposed policy and utilization of the accurate estimated cost during...
" (Jacobs and Skocpol, 2007) Brown and Sparer (2003) state that Medicare is "...administered by the federal government. Not only eligibility criteria and financing policy but also the benefit package, policies governing payments to providers, and decisions about the delivery system (for instance, fee-for-service vs. managed care) are determined in Washington, D.C., with no direct participation by the states. (the program delegates important decisions about coverage and payments to third-party insurers
By May 2012, MedAssets long-term debts are approximately $959.94 Million. Additionally, MedAssets secures loans that carry interest rates. With significant amount of loans that the company has secured and notes that the company has issued, the company faces interest rates risks. To mitigate the effect of risks associated with the fluctuation of the interest rates, the company enters into the series of financial instrument to guide against the risks from
Financial Analysis of a Coach Inc Financial Analysis Case Study: Assessing a Company's Future Financial Health Financial analysis of a Coach Inc. Leather industry is a lucrative area of investment that entails manufacturing of products from leather. Coach Inc. is one of the many companies that work along this line of business. Coach Inc. started from manufacturing small leather goods in 1941 and expanded to produce in bulk of variety of products from
Ford's value in 2007, was 0.01, compared to GM's value of 0.64. Comparatively, GM is using its assets in a much more efficient manner than Ford is. V. Conclusions Both General Motors and Ford have shown specific problems in their operational activity, as this is reflected in the financial ratios that have been analyzed. The most important problem that Ford seems to have was reflected by both the asset management and
5 times the actual value of equity. The return on investment is calculated by dividing the total net profits by the total assets value and shows the "overall effectiveness to generate profits from total investment in assets." At the Colorado Group, the return on investment amounted to 20.4% in 2006 and 21.5% in 2005. The small decrease from 2005 to 2006 can be explained by the fact that that the net
For both debt ratios, the lower their values are the more conservative the company is, choosing to finance its operations/investments from internal sources. However, such a company may miss out on growth and investment opportunities. It is recommended for companies not to finance more than 50% of their capital via external debt. The debt-to-equity is superior to the recommended values, indication a much higher proportion of equity financing via external debt.
Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.
Get Started Now