Most people will choose the Castor Standard, which is the lower cost to save money in their pocket. Castor Collins will like to make changes to Castor Enhanced since it already have the preexisting medical condition coverage to accommodate the conditions of the employees. Castor Collins will to it make changes to the premium with the company only paying a certain amount for each employee. The plan could work, but is not saying that it will benefit the company. So the return to the company will be lower as well.
This is usually based on factors such as income, ownership of property and occupation. People in the lower groupings of social class might not be able to change their behaviour after seeing health education campaigns because they have experienced the poorest health in society, they might believe that they have little control over their health, they might not be able to afford to make changes to their health lifestyle and they could find it harder to access health services (for example there could be less GP services in lower social class areas). People in higher social classes are more likely to be influenced by health campaigns because of money, time and understanding of health campaigns (people of higher social classes spend more years in
This assignment will be looking at the patterns of health and illness amongst the social groups of gender, age, ethnicity, location and social class, in order to identify if there are links between social groups and a population’s state of health/ill health. Women are more likely to develop a cognitive health disorder compared to men. According to The Guardian (2013), ‘women are approximately 75% more likely than men to report recently having suffered from depression, and around 60% more likely to report an anxiety disorder.’ Arguably, this may be because women perform a ‘triple shift’- going to work in the day and coming home to perform domestic work & emotional work; listening to their partner talk about their day & offering them emotional support. This in turn can lead them to becoming depressed, as they have to take on the problems of their partners, as well as their own problems, and feeling like there is no-one else to talk to. Additionally, these figures may be this high, due to women being more likely to go to the doctor when there is something wrong with their health, whereas men will put off going to the doctors.
("Store Wars," n.d., Big store, business practices section, para. 1).The low prices may be great for the economy, but that's about all walmart is doing for America. For people who work at Walmart, in order to make ends meet, they usually have to work at two different jobs. Their significant other usually has to work, too. Not enough money and too much stress lowers the quality of life that people have, and their standards of living also drop, as they are forced to get by with cheap, low-quality items (Nickels, McHugh & McHugh, 2010).
High levels of illness are more common in areas of low social class, areas of high unemployment and environmental pollution. Lower life expectancy is also more common in areas of poverty. The government do not tackle these problem areas because of cost and also because the more advantaged would end up footing the bill which would place them at a disadvantage. Social classes will always show differences when related to health and ill health in society. The Feminist Approach This approach looks very strongly into the impact of social inequalities on women's health especially concerning child birth and contraception, this
Besides, if chains closed every time they lost money, there would be a huge loss in just the opening and reopening phases of a business. Consumers of Company Q's have requested that the company provide more health oriented products. After years of requests, Company Q's stores have began to offer a limited variety of products that are better for its consumers. However, of all the viable options of products to carry, Company Q only retains high margin items, that is, items that have a higher profit margin. While it is a positive thing for the company to recognize it's community's need for better foods, keeping only expensive health foods is almost like monopolizing the consumer's health in exchange for
Therefore manufacturers make bigger profit. As well as that, there are fewer factory regulations at sweatshops because the health and safety regulations aren’t as important in LEDC’s, that way it makes it cheaper to run the factory. As well as that, renting and buying the factory is cheaper too because the economy of LEDCS are weak the demand of buying property is low because not many people can afford it therefore buildings and houses are worth less because of low demand. Another reason clothes are manufactured in LEDCs is because there is less tax to foreign government, therefore there is a bigger profit for the manufacturers. Because LEDCs have a weak economy, there are very few
However in the long-run, this price raise is not enough to make people quit smoking so since cigarettes are a demerit good, it will have a negative effect on the environment and it will increase the number of health issues from second hand smoke, not to mention the high unemployment rate and less taxes for the government. Work Cited: BusinessDictionary.com. 2013. What is inelastic demand? definition and meaning.
However, they may be given medication but not the best treatment only medication which allows them do get rid of their illness on the surface but does not actually satisfy the underlying problems. The rich on the other hand are able to afford the best treatment which means that they can get medication which will allow them to get better quicker meaning they can get back into their jobs as they are healthy again and continue on with their daily routines and spend money on leisure activities. As well as the poor is unable to afford medication they when they are ill it also effects their jobs as they will be off on the sick which also effects their income making it even more of a struggle for the less better off. Secondly the Feminism perspective is about how women aren’t as equal as men within health care. The Feministic approach believes that Pregnancy and childbirth should not be seen as a medical issue or an illness and it should be seen as a natural
Essay 3 When businesses find ways to internalize externalities they can make more money. Discuss why shopping malls charge a low price per square meter to department stores like Galeria Kaufhof, a medium price to stores like H& M, and a high price per square meter to jewelry stores and food vendors. “Externalities are the costs or benefits that affect people who are not directly involved in the production or consumption of a good or a service.” 1Thus, externalities are not limited to the parties participating in the market i.e. to producers and consumers but also affect other people in the society. Externalities cause deadweight loss which can lead to market failure.