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Economic Impact of States Declining Medicaid Expansion
Recall that Medicaid is a joint federal and state entitlement health insurance program. The ACA of 2010 required all states to eliminate the use of categories to determine eligibility and expand the Medicaid program to all persons younger than age 65 with incomes at or below 138% of the federal poverty level. However, in June 2012, the U.S. Supreme Court ruled that requiring states to expand their Medicaid programs was unconstitutional: Each state could make its own decision on whether to expand the program. By 2016, 32 states and Washington, D.C., had opted to expand their Medicaid programs. Declining expansion means that Medicaid continues as it was prior to the ACA’s implementation, with category-based eligibility.
It is not unusual for business managers to be involved in two types of decisions: right vs. wrong, and right vs. right. Right vs wrong has counted situations throughout the history of United States (US) business. Refer to cases such as Enron (2001), or WorldCom (2002) and also Lehman Brothers (2008). In these 3 cases, committing fraud in the business accounting was equivalent to either saving the company or supporting the interests of the shareholders: accounting fraud (the wrong thing) vs saving the business and looking after the interests of the shareholders (the wrong thing). Right).
The situation in which you have to select between what is correct and what is correct is to consider the selection between virtues such as honesty, respect, objectivity in the face of, for example, responsibility. The situation includes situations such as those experienced in 2014 by the former president of the United States, Barrack Obama, when he freed 5 high-level Taliban from their confinement in Guantánamo (Cuba) in exchange for obtaining a sergeant from the Army of the The US will return to US soil.
The underlying question would be: is it right to save the lives of one or more innocent people held hostage, or is it right for people to die in exchange for preventing terrorist attacks (caught with great difficulty) that, when released, could carry out attacks in the future?
Do you understand that Tim Cooke, CEO of Apple, faces some kind of dilemma? If he understands so, what kind? Explain his answer.
Suppose you are in Cooke’s situation, what would you have done when a federal court required you to support the Federal Bureau of Investigations (FBI) in the event of suspected international terrorist acts? Explain.
How to organize the business?(minimum 1 page)
Define the four options for organizing a business.
Explain the pros and cons of each option in terms of formation and liability.
Make a recommendation on how to organize the business and explain your reasoning.
How to arrange employment?(minimum 1.5 page)
Describe the three options for arranging employment.
Explain the duties and liabilities of employers in employee-employer arrangements, and compare them to the principal’s duties to agents and third parties in agency arrangements.
Make a recommendation for arranging employment and explain your reasoning.
Emphasize the importance of adopting non-discriminatory practices and list three specific strategies for avoiding discrimination in employment.
How to decide on the business real property?(minimum 0.5 page)
Describe the two options for the business real property (office space).
Provide the key legal steps for each option.
Make a recommendation. Which one is more appropriate in this case, and why?
How to deal with personal property?(minimum 0.5 page)
Describe the term “creation of property.â€
Recommend an action step to protect the created product.
How to plan the sales activity?(minimum 1 page)
Describe the difference between “sales of goods†and “contract for services.â€
Explain which one fits the business idea
Emphasize the key legal considerations in regards to consumer protection.
How to protect the business?(minimum 0.5 page)
Discuss at least two risks the business might face.
Define risk-bearing devices.
Recommend one risk-bearing device the entrepreneur should consider, and explain why.
Conclusion(1 paragraph)
Conclude your proposal with a reminder of your goals, a summary of what you have achieved, and a suggestion to the entrepreneur for next steps.
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