Categories
Assignment Help

An employee earned $45,200 during the year working for an employer when the maximum limit for social security was $117,000. the fica tax rate for social security is 6.2% and the fica tax rate for medicare is 1.45%. the employee’s annual fica taxes amount is:

[ad_1]

Employee                                 Mary      Zoe         Greg         Ann           Tom

Cumulative Pay                       $6,800   $10,500  $8,400    $66,000   $4,700

Pay subject to FICA S.S.         $421.60  $651.00  $520.80 $4092.00 $291.40
6.2%, (First $118,000)

Pay subject to FICA Medicare $98.60 $152.25    $121.80    $957.00    $68.15
1.45% of gross

Pay subject to FUTA Taxes      $40.80  $63.00     $50.40    $396.00  $28.20
0.6%

Pay subject to SUTA Taxes   $367.20  $567.00  $453.60  $3564.00 $253.80
5.4% (First $7000)

Totals                                     $928.20 $1,433.25 $1,146.60 $9,009.00 $641.55

[ad_2]

Categories
Assignment Help

An employee earns $36 per hour and 1.5 times that rate for all hours in excess of 40 hours per week. assume that the employee worked 60 hours during the week, and that the gross pay prior to the current week totaled $52,200. assume further that the social security tax rate was 6.0%, the medicare tax rate was 1.5%, and federal income tax to be withheld was $605.

[ad_1]

Employee                                 Mary      Zoe         Greg         Ann           Tom

Cumulative Pay                       $6,800   $10,500  $8,400    $66,000   $4,700

Pay subject to FICA S.S.         $421.60  $651.00  $520.80 $4092.00 $291.40
6.2%, (First $118,000)

Pay subject to FICA Medicare $98.60 $152.25    $121.80    $957.00    $68.15
1.45% of gross

Pay subject to FUTA Taxes      $40.80  $63.00     $50.40    $396.00  $28.20
0.6%

Pay subject to SUTA Taxes   $367.20  $567.00  $453.60  $3564.00 $253.80
5.4% (First $7000)

Totals                                     $928.20 $1,433.25 $1,146.60 $9,009.00 $641.55

[ad_2]

Categories
Assignment Help

Subsidizing medical services through medicare a. makes medical services available to a large percentage of the? population, who otherwise could not afford them. b. drives a wedge between the price received by providers and the price perceived by consumers. c. is a relatively low percentage of u.s. gdp compared to other nations. d. all of the above are true. e. only a and b are true.

[ad_1]

Initial investment on Jan 1, 2013 = (500 shares)*($24 per share) = $12,000

Dividend collected at the end of 2013 = $2.50*500 = $1,250
Dividend collected at the end of 2014 = $4*500 = $2,000
Dividend collected at the end of 2015 = $3*500 = $1,500
Mony received from sellng the 500 shares at the end of 2015 = $20*500 = $10,000

Total returns at the end of 2015 = 1,250+2,000+1,500+10,000 = $14,750
Net gains = 14750 – 12000 = $2,750
Duration = 3 years
Realized total rate of return = 2750/12000 = 0.2292 = 22.9%

Answer: 22.9%

[ad_2]

Categories
Assignment Help

1. Medicare provides free or low-cost medical insurance to welfare recipients. True False 2. In response to labor strikes that threatened to cripple the nation, Harry S. Truman threatened to draft business owners into the military. True False 3. The Civil Rights Act of 1964 made segregation illegal in which of the following? private universities churches public accommodations country clubs 4. The hot line established in 1963 did all of the following except make communication in a crisis easier. link the White House and the Kremlin. ease Cold War tensions. ban nuclear testing. 5. Advertising revenues for TV and radio increased dramatically. True False

[ad_1]

When the Texan revolution broke out and the war for independence began in 1835, Goliad was seen as a solid military stronghold because there was an important military supply barracks in the Fort of the Bay, built by the former Spanish Army.

Goliad was located halfway between the port of Copano, to which the Mexican army sent by sea soldiers, ammunition, armament, garrisons destined for the Alamo de San Antonio de Béjar, which functioned as the main political center of Texas.

When Goliad was taken in the second battle of the war, this forced the Mexican army to send its provisions by land, which would severely hamper logistics and would be key in the capture of General Santa María and consequent conclusion of the conflict and declaration of Independence winning the Texas Army.

[ad_2]

Categories
Assignment Help

Rose earned a gross pay of $426 last week. From her gross pay, the following deductions were subtracted: federal income tax of $48, social security taxes of 6.2%, Medicare taxes of 1.45%, health insurance premiums of $45.80, and union dues of $12.56. What was Rose’s net pay

[ad_1]

1. We are asked to simplify the expression :  frac{ x^{2} +x-12}{ x^{2} -x-20}/  frac{ 3x^{2} -24x+45}{ 12x^{2} -48x-60}

2. First thing we can do is to flip the second expression, so make the division a multiplication, and also factorize 3 in the numerator and 12 in the denominator of the second expression as follows:

frac{ x^{2} +x-12}{ x^{2} -x-20}* frac{12( x^{2} -4x-5)}{3(x^{2} -8x+15)}

3. Now factorize each of the quadratric expressions using the following rule:

when we want to factorize  x^{2} +ax+b, we look for 2 numbers m and n, whose sum is a, and product is b:
for example: in x^{2} -x-20, the 2 numbers we are looking for are clearly -5 and 4, because (-5)+4=-1, (-5)*4=-20, so we write the factorized form (x-5)(x+4) 

Now apply the rule to the whole expression:

frac{(x-3)(x+4)}{(x-5)(x+4)}* frac{4(x-5)(x+1)}{(x-5)(x-3)}

4. Simplify equal terms in the numerator and denominator:

we get:  frac{4(x+1)}{(x-5)}

Answer:  frac{4(x+1)}{(x-5)}

[ad_2]

Categories
Assignment Help

Traditional Medicare of Health Maintenance Organization

[ad_1]

Evidence About HMO

Health maintenance organizations used to treat medical patience such on a betterment of the consumers. This is being treated by patients more affectively as compared to traditional Medicare. We also came to know that Health maintenance organization also relates to performance measures and quality measures and are strongly recommended as compare to traditional measures. It should be given more priority as compared to the tradition Medicare.

Most of the medical institutes also recommend using their treatments by this methodology because of the quality assurance given by the concerned authority. Commonly it has been used by different ages of men and women between 50-55 and 60-65. In order to treat the diseases like heart, cholesterol, blood pressure and diabetes as well. These are mostly being given more priority in health maintenance organizations. Some of the children are also being positively utilized by this program and has become more satisfied when it comes to treatment.

Traditional Medicare of Health Maintenance Organization

In these organizations the consumer or the patient can have less financial loss which can keep patient away from any avoidable complications. Though this type of efficient working of that organizations the consumer build strong trust between himself and the organization in order to keep work going very smoothly. The organizations are much affective in terms of price such as e.g. whenever you are buying stuff like pills, bandages, bed days and x rays there is no increase in that amount like no need to pay extras for these items they all are included in the services of these organizations.

Strength

The above mentioned points distinguish that HMO is being supported more by people as compared to so called other traditional Medicare. And is also being more affected cure all of the other cures. The results people are getting are more satisfying than the no. of results from traditional Medicare. In such a way the increase in the HMO is highly appreciable as compared to the traditional Medicare. As the time passes and consumers becoming more strengthen regarding this health treatment.

Bundle Of Payments Programs

Bundle of payments of programs are recently announced to hold people accountable for different medical treatment which varies from different cases to cases. Under bundle of payments single payments are made by the patient for different treatments like knee or hip replacement or any cardiac surgery.

In such a way the health care centers becomes more cooperative in a way that no further charges are been applied once all the process has been initiated. One of the ideal solution is to promote the bundle of payments in such a way that some of the risk bearing organization needs to take responsibility of their patients’ health. And the survey proves that it had increase with the passage of time. If ACO increase in the number of payments providers’ organization which financial benefits may also increase by their own? ACO somehow and the other relates to the bundle of payments programs as mentioned earlier. In technique wise as well as logically.

Why so ACO is become accountable in order to maintain the graph of performance and quality of payments that are being charged by the patients or the consumers’ needs to ensure from every aspect of life. Through the research it has been illustrated that large variation in health care costs associated with hospitalization, physician services, readmissions, and on the other hand post-acute care centers have been highlighted for the potential and for cost savings with bundled payments. (e.g., hospitals, physician groups, etc.)

Are participating in bundled payments are being agreed by the number of players on a target price for clinical conditions as well as typically familiar for episode strictness. In typical of bundle of payments the providers of the organization and payers share equal both in savings and loss. And when the actual payment of health care falls down then both the parties agreed upon to share the profit as estimated. When it comes to reimbursement from the health maintenance program they play a vital role relating to the consumers. The bundle of payment programs allow the patients to have trust on the organization as well as they are being provided by the discount on the things that they needed to have in the health department such as purchasing pills, x-rays etc.

Also Study:

Managed Care Organization And Health Maintenance Organization Structure



[ad_2]