Medical care for the elderly Medical care for the elderly is one of many major issues currently under discussion by congress. Currently, Medicare is set up to help the elderly receive health benefits, but talks have risen to cut off the benefits once the person reaches the age of 70. The issues that the current health system for elderly is currently being contested by many with good arguments on both sides. From our group’s perspective, we say that cutting the benefits off at 70 will cause many seniors after the age of 70 to suffer greatly. Many seniors are able to keep themselves physically healthy until late 60’s, but for the seniors that suffer from disease or are hurt due to injuries will suffer from this once they hit that age.
When companies can produce more due to demand they are able to hire more workers, which can lower the unemployment rate. Lowering the unemployment rate will provide more income tax revenue to the government and fewer citizens taking unemployment benefits. Conversely, when exports decrease consumers pay less money for products causing domestic profits to decline and companies are unable to maintain or increase their workforce causing the unemployment rate to
In developing worlds, surveys show that parents still would prefer a male child over a female child. Male children have been seen as a blessing in many cultures because they are expected to become better financial providers for their parents as their parents age. These cultures may need to rethink this because girls maybe equally financially successful. Females receive better grades than males, and in most developed countries more females than males go to college. Females are better equipped to obtain jobs in the 21st century in which intelligence counts more than muscles.
The Centers for Medicare and Medicaid Services which is also known as CMS, guesses that growth in health spending will continue to outpace GDP over the next 10 years. I feel that the government is in trouble when it comes to health care. They are trying to figure out how to provide all Americans with health care, and not go broke. Not only that, but there are many other factors that contribute to the rising expenditures that might be submissive to the policy, such as investment in information technology. IT a good use of technology, such as electronic medical records, has been encouraged and researched for its potential to share more information and reduce overhead costs.
Identify two reasons for the trend towards getting married later in life? The two reasons for the trend towards getting married later in life are changes in the position of women and fear of divorce. Women are with better educational and career prospects; many are now less economically dependent on men. This gives them greater freedom not to marry. A rise in divorce rate may put some women off marriage as they see this will increase the likelihood of the marriage ending in divorce thus resulting in trends in getting married later in life.
The benefit of this would that if less people are working then it would not be hard to find a job. If the family size increased in American, then there would a larger labor force. Because of this, jobs would harder to find. Other costs to this would be crowding and raising a family would be more expensive. Also, it would be more difficult for a single parent to raise a
It is a fact that by going to college a person will get better jobs for higher salaries. People also attend college so he/she can choose a high paying career. A person will lead a better and less stressful life if their financial status is never a problem. That would leave time for many things that could enrich a person’s life as opposed to working for ninety percent of it. Without going to college, people will make minimum wage, if he/she do make good money, it is because he/she are breaking their backs for it.
If we spend a high amount on university education, it means less to spend on primary and secondary education or it requires higher taxes. Primary education may have a greater return for society than university education. Also, firms often state there are shortages of workers with vocational skills such as
Experienced workers, some who already reach their golden age would cost more to the company, because of their high salary due to experience and exposure to the company where they know well about what is going on. When a company finds the older employees stay at their retirement age, it realizes how much it would cost. The company may need to pay higher retirement reimburse when it decides to keep older worker together with it for a longer period. On the other hand, the presence of younger workers would give fresh performance for the company. Despite the less experience that the younger workers have, they perform more productive working performance compared to older workers, as older workers would need to deal with their physical challenge.
Today millions of Americans cannot afford the sufficient health care they need. The price of health insurance is costing us the people thousands of dollars. Therefore, I believe the government should provide health care to all citizens regardless of their ability to pay for that care. Some rich people may prefer to pay for medical treatment, while the government must necessarily subsidize the health care for children, senior citizens, the unemployed and the homeless, as these groups cannot provide for themselves and, are extremely financially vulnerable. However, working adults can use the benefits of the medical insurance, which will give them an opportunity for a decent medical service and reduce the general taxation burden.