From the assigned readings present an executive summary of the law in Term Paper

From the assigned readings present an executive summary of the law in 200 words or less, and discuss how the law is applied and - Term Paper Example One of the sub-groups of the CMS is responsible for enforcing the Program of CLIA. All the registered and non-registered medical laboratories in the U.S. are legally bound to implement the Amendments mentioned in the CLIA. In the year of 1965, the Medicare and Medicaid programs were drafted and signed into law. This draft was signed by President Lyndon B. Johnson as a health insurance cover to people who are aged 65 and over. Medicare is not sufficient enough to protect many senior citizens of U.S. against long hospital stays or major health related expenses. Individuals are required to first pay $800 of hospital care and the first $100 of outpatient physician visits. If they are required to stay for more than sixty or ninety days, additional $250 per day is required to be paid for hospital care (Pauly, 2008). The Equal Employment Opportunity Commission, which is a regulatory body, can guide employers over the issue of the health benefits. The Equal Employment Opportunity Commission can authorise employers either to decrease or drop health benefits for retirees reaching the age of Medicare eligibility. Second part of the assignment: Health care has become a serious and dangerous problem in the United States of America. The costs of health have no point to stop and provide relief to Americans.

Business Model Approaches and Its Used In Understanding International Assignment

Business Model Approaches and Its Used In Understanding International Business - Assignment Example This research will begin with the statement that the developments that have been made in the global economy have brought about a profound change in the customary equilibrium between suppliers and customers. The evolution in the techniques of communication, as well as information technology and the establishment of a regime for flexible international trade, implies that customers in the contemporary business environment have a variety of choices; variegated needs of customers can find more expression and the alternatives to supply are more translucent. Having said this, it can be deduced the transformation that international business has gone through as a result of globalization. Companies have increasingly conducted international business over the last decades and have resorted to the application of several business models. Therefore, these business models have helped several research scholars researching in this field to analyze the ways in which international businesses are conduct ed. As a proposition of various business models, it is imperative for companies to be more customer-centric; particularly because of the fact that technology has evolved to a great extent allowing the lower cost provision of customer solution as well as increased access to information. These developments that have been made in this field require companies to reassess the value propositions that endeavor to present their customer with. These evaluations are largely based on the business models that have been stated by various academic scholars who have significant contributions in developing this model and making sure that these models cater to business analysis. Modern business model approaches have explained the new business environment and by doing that has amplified the requirement for companies to not only consider the ways in which customer needs can be addressed but also the means to capture value from new products and services offerings. Without a robustly developed business model, innovators will not be successful in either delivering or capturing the value from their innovations. This fact is specifically true for technology companies where the formation of revenue streams is more often than not perplexing due to the customer expectation that few basic services will be free.