Essays on Insurance Company

Challenges faced by MCOs regarding price variations and ways of overcoming these challenges

Challenges Utilization management acts as one of the most complex financial balancing act that managed care organizations (MCOs) try to utilize in an effort to manage health care costs and create value for future health care services (Bailit & Sennett, 1992). However, managing cost through utilization management concept creates price variations that pose major challenges to MCOs. One of the major challenges faced by MCOs regarding price variation is its diverse nature. The use of utilization management in MCOs has gained a lot of demand making it difficult to make a general conclusion on certain variations. Price variations linked to ...

The Eastern Insurance Company (EIC) was formed in 1987. It offers various services including motorcycle covers and education plans, and advice on questions arising from insurance. Before the merger, the Company had a Board of Directors consisting of six members, and twelve employees. Lion Insurance Company on the hand was formed in the 70’s, initially offering car insurance covers only. With time, the company grew to incorporate Travel insurance, Home insurance, Private medical and dental insurance, Car insurance, Life insurance, and Pet insurance. Being a global company, it had branches across various countries with hundreds of employees. The ...

Interview with a pharmacist

Interview:

Apparently, over the counter medications are those that can be sold to the client without necessarily having any prescription by the provider. The Food and Drug Administration has been at the forefront in monitoring the adherence to issues of over the counter medications so that pharmacists do not sell other medications not classified as OTC. Similarly, the FDA has over time made changes and reviews on the regulations and rules that guide OTC medication sales (West, Wilk, Rae, Muszynski, Stipec, Alter & Regier, 2015). One of the emerging issues that have affected the pharmacists is the introduction of a ...

Introduction

Natural law theory and positivism are two approaches to thinking that differ in the basic legal principles and rules on the treatment of law. Principles and rules influence English jurisprudence and the administration of justice through the attitudes, perspectives, approaches, decisions and pronouncements of judges and jurists. Natural law theory and positivism dominate respective areas of English jurisprudence and adjudication process, but these approaches may also simultaneously exert influence to raise issues and cause developments in other areas.

Influence of Natural Law Theory

Natural law is “the order of the dynamic tendencies that are proper to man as a rational being”. The rule of ...

Executive Summary

The document is a recompilation of information about the current status of a medical facility located in Bayonne, New Jersey owned by a multinational company located in the United Kingdom. Two analysts of the organization study the current status of the medical facility that is the current operations of the company, its economic performance and the trends of the business in the future. The medical facility has technology needs that are necessary for its normal operations. The considered medical facility executed its last technological overhauling in 2004, but the majority of the hospital equipment is from 1999 with a ...

Introduction

A leveraged buyout (LBO) is the process through which a company is acquired by another one that gets a significant amount of capital from borrowed money. This act is a process that involves the buyer putting up the assets or expected profits of the newly acquired company as collateral to the financial institution that is giving out the loan (Haddad, Loualiche, Plosser, & National Bureau of Economic Research, 2016). This type of purchase carries significant risk for the buyer since the ratio of borrowed money to the invested money is usually 9: 1. The borrowed money accounts for eighty to ...

For the sake of efficiency and agility and up-scaling the ability to innovate, insurers are moving ahead as they have come to the realization that legacy systems are a real impediment to these goals. It is clear that something needs to be done about this issue but the available option and demands are overwhelming. Global aero like any other company has had a legacy system that needs to be modernized. Since the 1960s the system has been in use and is based on aging developmental standards with diminished usability and functionality. Surprisingly enough, despite the modern outlook of graphical ...

People Management

Part A Graduates constitute a large pool of supply for employers in the market that has the ability of supporting business development and eventually prosperity considering that they pose as a source of highly qualified and expertise workforce for businesses to attain short-term and long-term needs. The process of attracting and employing graduates may be a daunting task in terms of its resource intensive nature; hence, businesses may need to employ a number of ways get to the graduates and secure them for the various job positions. Due to the high competition that exists between firms for the best ...

Introduction

Healthcare is an integral part of a nation’s well-being. Despite its importance, there has been an increasing trend in the costs of health care. With the current high national debt, health care reimbursement should be part of the equation ("Healthcare Reimbursement | Knowledge Hub | athenahealth", 2016). The policy makers, physicians, and patients are well aware of the steps they need to take to reduce the costs of health care by considering health insurance plans. The insurance policies enable the doctors and other health practitioners to provide quality and efficient health care to the people. Health insurance payers are provided ...

Dr. KJ is a registered pharmacist who works as the head of the pharmaceuticals department in hospital M. He holds a baccalaureate in nursing from the Nova Southeastern University. He is currently pursuing a doctorate program in the pharmaceuticals field and has already completed four years plus the required pre-requisites. I sought to have a one on one with him with the intentions of having him expound on several issues surrounding the profession. To this effect, therefore, we planned for an interview with him in his office at hospital M to help in seeing to it that this objective ...

Saudi Arabia is one of the richest country in the world, specifically because of its oil-rich land which drives its economy. It has also one of the highest per capita income in the world. In 2008, the per capita income was estimated to have been US$ 24,000. Along with its economic and financial growth, the country has also invested largely in healthcare services, specifically for its constituents. As a testament to such, the World Health organization has ranked Saudi Arabia 25th, out of 190 countries (The Patient Factor, n.d.). The country first forayed into public health in 1925. ...

Commercializing Biotechnology in Early-Stage Ventures: Discussions.

Discussion 1: What should you document and why? And why are signatures needed? In order for the company owner to protect himself and the company, he needs to have employees, potential employees, and consultants sign non-disclosure agreements. This helps prevent intellectual properties such as trade secrets, and unpatented ideas from being exposed, and also prevents future competition in case someone decides to steal ideas and flee. Employee agreements are another important documentation since they outline the required duties and responsibilities of the position as well as dispute resolution procedures. Employees also need to sign employment policy documents that outline ...

Risk exposures: The Financial Transaction Risks Table

Features of the method used to measure the interest rate identified Before determining the best method to be used in the measurement of the interest risk, it is essential to assess the source of the risk. The most common sources of interest rate risk are security mismatching for various items in the balance sheet depending on whether the interest rate is fixed or variable. The value assets lead to interest rate risk when there are valuation problems as well as in situations where interest rates are not aligned with the liabilities and assets (Kaufman, 1984). Various methods are applicable ...

Abstract

The payer mix in healthcare financing currently comprises of three broad groups that include private insurance, government payers, and private payers. Private insurance covers 61% of the US population and contributes 49% in revenues. Government payers cover 31% of the population and contribute 55% of the revenues while the private payers account for 5% of population and contribute 6% of the revenues. The Affordable Care Act seeks to increase the insurance coverage in the United States. It would increase the contributions from government payer and reduce the default risk associated the private payers. This would also ensure that all ...

The case is about Gerald who had a health insurance cover that had an 80/20 copayment arrangement. When Gerald received a surgery bill of $950, he wanted to ascertain that the insurance company actually paid $760 or 80% of the total bill. A copayment plan requires patients to pay a portion of their medical bill in accordance with a pre-agreed ratio (Chang, 2014). Upon investigation, Gerald discovered that the insurance company had negotiated for a discount and their part of the bill was only $374. However, Gerald Copayment of 20% was still based on the original fee and not ...

There are many types of insurance that are available nowadays. Most of the, however, are reduced to following ones: life, health, auto (vehicle), deposit, property, etc. insurances. (Kunreuther,1996, pp. 35-62 ) The choice you make about insuring something is doubtlessly an exceedingly important choice of your life – what does it depend on? First off, it depends on the financial situation you find yourself in, possessions you have and risks that you might face. In the present assignment we are to analyze the financial situation of Sally Chan, a Senior Creative Director, living in Malaysia and on the basis of ...

Introduction

Throughout this discussion, we will analyze the history of life insurance companies, any major events which impacted the life insurance industry, including the Great Recession of 2007 which lasted for two years, rules or regulations proposed by Congress that govern the present operation of life insurance companies, including any changes of insurance laws, the current Presidential candidates plan on implementing for the life insurance industry and future expectations of the operational life insurance environment.

History

The life insurance industry began in the ancient city of Rome around 100 B.C. The Roman militant leader named Caius Marius, had created a certain ...

Careers in Finance

The variety of choice of the profession in the field of finance opens a lot of great opportunities for a person. In order to become successful in this area you must have not only high intellectual skills, but also creativity. I have chosen two professions for the consideration which, in my opinion, are unusual and very interesting.

Financial Analyst

Information has already become an essential product of market relations. But the acquisition of some information is only the first stage. It is important to analyze the facts and extract the necessary data. Such work is a fairly complicated process. Only a ...

Mannella v. Commissioner, 132T.C, No 10 (April 13, 2009). In this case, Mrs. Manella found out that her husband had filed for tax returns but hide the mail from her. In so doing, the applicant was denied the right to receive what she rightfully deserved in the tax return process (Copeland). People v north 29 Cal.3d 509. The Defendant, Mr. North broke into the house of his girlfriend during the weekend as she was at her parents. When he was arraigned at the Califonia Supreme Court, the Defendant pleaded guilty to the charge of Second Degree Burglary. Loss of ...

Financial Institution Supervision: Insurance Companies

Introduction Insurance, in the simplest terms, means a transference of risk from the insured to the insurer. Around the world, individuals, families and businesses take advantage of the provisions of insurance so as to protect the possibilities of catastrophic losses that could occur due to loss of life or failure of a business. Over a period of time, the insurance industry has matured to throw up a multitude of products, and has grown into a multibillion-dollar industry. The management of risk is the key to the operations of the insurance industry. While insurance agencies have necessary internal checks and ...

Sicko is a documentary film with the focus on depicting cons of the U.S. health care system. The primary theme of this movie is a failure of the U.S. government to create an effective health care system, so all U.S. citizens receive adequate and affordable medical treatment. Moore, the author of the documentary film, shows that in other developed countries, such as Canada, France, Great Britain, health care system is publicly funded, and governments provide various services and reimburse all out-of-pocket payments. Moore states that according to the World Health Organization, health care system of the United States is ...

PART 1:

Using the draw tools in Word, show what happened to the demand for housing by drawing the demand for housing in 2005, 2006, and 2009. This means you draw lines for the demand and supply of housing in 2005, 2006, and 2009 to the supply and demand graph and match what happens to the price in those years with what is show in the chart. Explain what caused demand to change over this period.

The graph below shows the demand of housing in 2005, 2006 and 2009 and how the price fluctuates. The demand for houses rose rapidly during ...

Reflection Paper

The concept of insurance may have started a long time ago through informal risk sharing practices. Modern insurance is a more recent development that began in the 16th Century. However, the impact and the essence of insurance only became of interest to the financial market over 100 years ago and it has grown to be an immense international business. The insurance theory is applied in a number of ways including the Affordable Health Care Act, compensation of workers, liability, and property. The insurance theory also has a wide array of functions in claims administration, underwriting, marketing and in companies ...

The institutional affiliation

1. An effective threat is cheaper that an effective promise. Explain why this is true. Provide a specific example. Threats and promises are regarded as two main strategic moves used to impact the behavior and actions of others in a bargaining relationship. That type of relationship is considered as a situation where an individual is trying to influence another person’s option of action (McClintock, Stech, & Beggan, 1987). Both threats and promises can be employed within a game-like situation to message a plan of cooperation or to operate other ("Threats, Promises, and Commitments", 2016). For instance, when a parent ...

Part 1

It was on a Monday 3rd April 2016 when I was asked by my immediate manager at Unilever Company, to come up with a marketing plan. The plan would aim at increasing the production rate through online sales on the firm product lines. The development of the plan was to be done in collaboration with the company’s internet marketing department. I was given a period of two for the setting of the plan. Shortly, after conversing with the web marketing team on the same, I realized the deadline would elapse before the work was accomplished and the deadline ...

Section

The company’s bank, which has no prior aircraft financing experience, is willing to finance a portion of the purchase of the aircraft if (and only if) you can ensure that even if the aircraft is destroyed in an accident, any unpaid balance on the loan will be paid in full. Can you accomplish that through your aircraft insurance even if the circumstances of the accident were such that the insurance company would not have to pay the aircraft owner (such as if the aircraft was being flown by an unqualified pilot at the time of the accident)? ...

On 23rd March 2010, the president of the united states Barack Hussein Obama signed into law the Patient and protection affordable care act. This is one of the most important laws signed by President Obama in his entire time as head of state. For this reason, the law went on to get recognized as the Obama care act. Most of the provisions catered for in this law came into force in the year 2014. Many preliminary deliberations and preparations would ensure the law remains efficient and beneficial. This particular law aims to achieve some objectives. The first mandate is ...

BUSINESS INSURANCE

This article is a description and analysis of the responses of insurance companies to global climate politics. The author of the article intends to show that these responses have failed to achieve the initial optimism where environmentalists and commentators had predicted potential involvement of insurers in the field of climate politics. It was expected that insurers would play a significant role in climate politics but an analysis of the insurance company response reveals otherwise. Another objective of this article is the explanation of environmentalists’ disappointment with insurers after the insurers failed to meet their expectations. This article centers on ...

Medical billing is an iterative process that involves the translation of a healthcare service or product in a billing claim. Ideally, the medical biller has the responsibility to make sure the healthcare institution receives sufficient reimbursement for the services provided by the medical practitioners. The responsibility of the biller may vary from one institution to the other based on size and capacity of the healthcare facility. Ultimately, the medical biller must have specialized knowledge regarding medical records and just like the medical coder; they must have strong familiarity with ICD-9-CM, CPT and HCPCS level II codes (Smiley, 2012). Most ...

Insurable interest

Jeff had an insurable interest in the building at the time of the loss. Jeff owns the building and stores its inventory as well as operating a restaurant in the building. When fire destroyed the building, Jeff suffers a financial loss including the loss of revenue from the restaurant business. Therefore, he has an insurable interest in the building. Richard does not have an insurable interest in the building at the time of the loss. A person can only have an insurable interest in a property if the loss or damage to the property results in a financial loss ...

Market strategy valuable tool for every organization with the primary goal of increasing the sales or the service provision for each company. American Risk Insurance Company is a firm that aims at getting more customers for is agencies. Besides being one of the best insurance enterprises in the industry, it is still working hard to get more customers. The interest in not looking what where the company is going and how it will reach there. Therefore, the success of the insurance of the company should not be considered, but rather we should look at strategies. Therefore, the paper will ...

Medical service of the United States is the only one of the leading industrial powers, which has not accepted compulsory health insurance system. About 108 million of Americans cannot afford the visit the dentist. At 45 million Americans have no medical insurance, among them 10 million are children (The Telegraph, 2010). A disease is a direct path to devastation for many Americans. Stunning cost of treatment is partly explained by the fact that it incorporated the cost of potential litigation. If, for example, a defective baby is born, the obstetrician faces the possibility of the court, which resulted in ...

This is a basketball match played in between US and Argentina on July 22 in the year 2012. In the beginning of the match announcer spoke about the sponsors included the brand name of “Gateaway” and “Jeep”. A logo of Cisco has been seen in box area wallwhere viewers were watching the match. It placed very strategically from where it can be easily seen and within the reach of all. The whole wall of the viewer box area placed with the logo of Cisco which was brightening with the lighting ...

There is truly nothing better than curling up in a cozy chair with a snack and a fantastic book. It is easy to get so caught up in parenting, marriage and work that personal time for book exploration is set aside never to be enjoyed. One of the best things for the human soul is to be fed by a nourishing and educationally delicious book. People don’t realize it but they have a set of criteria against which an author’s work can be measured. Ultimately, that criteria determines if it is worthy of time in that cozy chair. Kevin Trudeau’s book ...

Introduction

The major theme of this module is that most institutional healthcare providers are corporations however, sole owners and partnerships can also provide healthcare facility. The major discussion in this module is connected with corporate healthcare – the organizations, management, and liabilities they should assume and certain laws they should abide to.

Lessons learnt

There are a lot of lessons learned from this module. Detail knowledge of a corporation is learned in this module. Corporations are formed and are artificial beings and follow the rules and regulations as stated in the charter. Corporations possess unlimited liability, free transfer of ownership, ability to raise capital and ...

Insurance is designed to protect against risks (unlikely events) such as damage to property or loss of property and loss of life or poor health. In the event of such risks, a person can file a claim with his or her insurance company so as to receive compensation (Jawadekar, 2004). The various specifics of the claim may vary depending on the insurance provider or the type of insurance taken such as health or life insurance or homeowner’s insurance. Making an insurance claim can be a very simple and less stressful process especially if all details are gotten correctly. In making a claim, ...

- In today’s health care environment is it better to approach the future with a compass or a map? Explain and defend your choice.

Maintaining one’s health should be both affirmative and exact. It is always necessary to know the things that should be dealt with prior to making decisions and actions. Health care had greatly evolved for the past decades and individuals seeking for health care assistance must know these differences. The advent of globalization and the innovational breakthroughs had pushed many health care providers to make maximum offers to the customers. To be able to know ...

<Institutional Affiliation> <Author’s Name>

What does it mean to submit a clean claim?

Generally, a clean claim has no flaw, impropriety or special condition that includes incomplete documentations and forms that causes delay on the timely payment. A health insurance provider submits a clean claim by giving the necessary data elements on the standard claim application forms, including with the attachments and required supporting documents or additional or revisions to the data elements. Specifically, a clean claim identifies the health facility, health professional, home health care provider, lists the date and place of service and any identifying numbers. More importantly, it indicates the specific service provided using ...

Business Communication

Incident reports are a common phenomenon in the insurance industry, especially when lodging claims in cases of employees’ injury or property damage resulting from any natural cause. Often, an incident report will consist of three paragraphs, written in the form of memos. The following are the steps to consider when writing the report:

- Start with the name or designation of the individual to whom the report is being sent. The incident report often starts with the person to receive it as a matter of priority. It may be the Supervisor or another senior staff in an insurance company. As a matter ...

The life story which is captured in “giving Voice to values and framing a life story” reflects the fight for justice for people whose rights to be compensated were violated. While I will be providing an evidenced case, the objective is to ensure that victims are fully rewarded with their rightful compensation and also in the amount that meets the given legal and ethical obligations on the part of the insuring company. This story therefore dwells on the principle of serving justice for the people who have various types of injuries who are seeking a fair assessment of the case ...

Insurance companies offer various types of insurance cover to people, life insurance being one of them. Life insurance is cover for an individual beneficiary after they die. It matures once the individual who has been meeting the premium charges passes away. The insurance company provides a lump sum payment to the beneficiary. There are various types of life insurance such as term life insurance, universal life insurance and whole life insurance. The following are insurance companies in Bahrain that offer life insurance.

Metlife Alico is an insurance company that has been helping businesses and people in Bahrain since 1961 with ...

Financial Accounting

It is very important for any business to insure that the financial statements of the business are produced timely and must be reliable. It is assumed in the financial markets that if the financial statements are prepared on the basis of accounting standards and the financial statements are approved by the auditor, then, the financial statements are reliable. The reliable financial statements are the most important element, for the management and the current shareholders. If the statements are reliable and authorized by the auditor, then, it is highly probable that the current shareholder will reinvest into the business. (Lempert, ...

The owner of the ‘Eat Street’ wanted me to help him out in finding out the overall rating of his cafeteria in the eyes of the visiting customers in order to offer better services in the prevailing cut-throat competitive hotel industry.

1. The report: Mr. at your instance, I set out to visit the Eat Street, to have a first-hand information and knowledge about the whole place and its present state of affairs.

The Eat Street which is situated about two-and-half miles away from my school-block bordering the northern part of the university campus is quite a nice place. The path leading to the cafeteria, plush with greenery and flower gardens all around it; is quite a smoothening ambience for the visiting customers which the other cafeterias in the campus lack. I ...

- Market and Global Representation of Bupa

Bupa provides several health solutions including but not limited to; health insurance and other health funding products, primary care centres and hospitals, home healthcare, chronic disease management, workplace health services and care services which comprises of nursing homes, retirement villages and resident homes. Bupa has approximately 12 million customers spread across over 190 countries in the world as at 2012. The business of Bupa is divided into five major market units; United Kingdom, International PMI, international development market, Spain and Latin America domestic, and Australia and new Zealand. In the United Kingdom Bupa manages Bupa Health and Wellbeing, Bupa ...

Cigna is a global health service organization that provides things such as accident, life, health, dental, life, and disability insurance, and associated health facilities in an exertion to assist those in the society that need it. The Cinga Insurance Company is looking to bring some influence in Hong Kong community. With that said the main goal for this paper is to expand Cinga Insurance Company in Hong Kong.

In order for this to be done, the company has to be able to understand Hong Kong before any of this is done. Who are the 7 million in the city? They ...

Employee motivation is essential in all organizations in order to improve the quality of services provided by them. There are various forms of motivation that are available in a working environment. This persuasion speech is meant to pursue the human resources department of Cooperative Insurance Company that buying mobile phones for workers in the marketing department will help to improve their productivity. The introduction of these phones will also enhance effective communication between the company and the external parties like customers and suppliers.

The introduction of this form of motivation is unique in its own way. For instance, many insurance ...

Kaiser Permanente

Kaiser Permanente (KP) is a managed care company based in California; with a mission to provide high quality, affordable health care service to the community it serves (“Kaiser Permanente, News Center,” n.d.).

Member services

KP offers member services such as complaints regarding the medical service used, questions or comments about the chosen health plan, questions or comments about the KP website. A member can use the website to communicate to the concerned department of KP (“Kaiser Permanente, Member Services,” n.d.).

New/ current/ upcoming technology

In KP, the medical records of member patients are not stored on paper, but on most advanced and secure ...

Choosing a career in a rapid developing era like ours is a serious challenge to face. Surely, there are a lot of business areas that are very popular and profitable nowadays – for instance, Information Technology, Banking, Manufacturing and so on. We have become a generation of consumerism and every day each of us buy more and more products and property. It results in a growing fear to lose all this, and of course the main personal value – health, as today’s business environment requires a lot of energy and hard work. Undoubtedly, more people try to insure their private property and life. Having quite a ...

The need for an insurance plan is necessitated with the need to have timely and proper medical care in the event of an illness or an accident. In this respect, there are three basic types of health insurance medical plans that are utilitarian in serving different purposes. These health insurance medical plans can be differentiated from one another with regards to their salient features. This paper canvases the differences between Preferred Provider Organization (PPO), Health Maintenance Organization (HMO) and Point of Service (POS) plans. The paper also seeks to institute some of the pros and cons of the above ...

Introduction

Health care is the most important and basic commodity in which an individual needs. Therefore, in order to maximize utility one has to be rational when making a choice. Managed companies’ specializes in the supply of both health care and health insurance. This enables them to both incur costs when it provides the health care service and also earn revenue on provision of health insurance. This goes along way in ensuring that the firm maximizes its profit in order to achieve the long-run goal. The analysis will put into consideration the simulation of Castor Collins Health plans which will be ...

Important factor of Mold Removal

Fungi that usually generate spores (not seeds) and spreads in huge amount to the air are known as mold. A lot of harms caused by mold usually rise up because people do not find the source properly and are not applying the best technique to remove them. In order to remove molds, it is advisable to search the main cause and source (Mishkin, 2000). It is important to remove molds since toxic mold become a dangerous health problem. Some of the health problems caused by mold includes; nasal problems, lung and breathing problems, headache and many more.

Effect of Mold Other than Sickness

It is important ...

Insurance company

As of February 14, 2014, U.S. insurance company AIG intended to cut 3% employees worldwide, according to Financial Times. On Thursday, the company announced that the severance pay for 1500 is $ 265 million, thus, AIG continues to reorganize its business. As of April 10, 2014, AIG had some problems with underwriting profits, nevertheless, despite several problems in the past the company shows some improvements. Smart investors are focusing on the business and the actions of management: by making unpopular moves today, AIG is taking a long-term bet that a simplified, streamlined company down the road will be much more profitable ...

1. What is the role of congress in policy making process? A policy is defined as a course of action that is established by the legislature, executive or the judiciary to influence the behaviors and decisions of the citizens in a federal state. Policy making process is not a monopolized affair and, therefore, involves decisive interactions among all arms of the government and the public participation. The congress and the President participate mutually in the legislative roles to a greater extent. However, their roles are made distinct at some point. The Congress is mandated in Law making, representation of the citizens as ...

Introduction

Workers' compensation is a state-mandated insurance program providing compensation and medical benefits to employees who have been injured or disabled during the course of work at the place of employment. In exchange for the compensation, the employees need to relinquish their right to sue their employers for negligence or for the damages caused by the injury (CULS, 2014). Workers' compensation laws also provide monetary benefits to the dependents of those workers who have died due to work-related accidents or injuries. Though the workers' compensation programs vary among states and jurisdictions, the common provisions include wage replacement monetary benefits in the ...

Reflective Essay on Three Books

Introduction Within the western philosophy, the main categories of ethics include meta-ethics, applied ethics, and normative ethics. This reflective essay is specifically concerned with normative ethics. By definition, normative ethics is the study of the ethical actions. This part of ethics is thus primarily concerned with the criteria of what is ethically wrong or right. Therefore, it includes formulation of the moral rules, which have straight implications for what ways of life, institutions, and human actions should be like. It believes that wrong or right are found in a person’s behavior. For this reason, this essay draws on ...

Business Culture Inside and Out

Book Review: Reflective Reaction on the Compare and Contrast of Readings Introduction Business is business, the new world tends to define business as something that is rather considered more as an institution that tends to bring better culture and better opportunities to members of the society. However, when it comes to the actual value of business, the industry of commerce defines business as a machine that brings in the different resources altogether to create a system that tends to manipulate operations for the sake of earning more money and gaining more profit from whatever could be gained from what ...

Introduction

Automobile liability insurance is generally a mandatory practice in most of the countries of the world including the United States. There are four major categories of car insurance, which include tort liability, choice no-fault, add-on, and no-fault insurance. The major differences in these car insurance types include availability of restrictions on the right to sue and if the policy holder’s insurer pays first party benefits, notwithstanding which driver was at fault for the occurrence of a motor vehicle accident. According to the Insurance Information Institute, the no fault insurance is usually intended to lower the cost of automobile insurance ...

Introduction

Whalter White, Steve McGarrett, Gregory House and many others are amongst the most favorite fictional anti-heroes from the television series shown in today’s 21st century. They are not heroes because they do not possess the traditional heroic characteristics like perfection, brilliance, strength, etc but they are not villains either because they are not evil, immoral and diabolical. Anti-heroes first look like very wicked, uncaring, selfish or immoral but as their stories progresses, viewers get to learn how twisted their personalities are and what are the reasons behind it. They seem to purse adverse actions but their hearts are ...

My name is John Edgar and I am applying to the Department of Finance at the University, fall 2012. My career goals, GPA, desire to be a financial expert and my experience in the field of finance and skills make me an excellent candidate for your program. My overall GPA is 3.22. My major GPA is 3.47. My minor GPA is 3.56. My option GPA is 3.56. In addition I have an upper division of 3.57 and the transfer credit of 2.92. Finally, my lower division is 2.89. I have always wanted to be a financial expert ever since I ...

INSURANCE FRAUD

EXECUTIVE SUMMARY Insurance fraud is the term used for explaining the misrepresentation that the individuals or a group of people make so that they can avail more benefits from the insurance companies to which they are actually not entitled too. The transparency in the representation is important for securing the rights and overburdening the company from the claims which have actually not taken place. The insurance companies take different measures for protecting the rights and ensuring that they are protected from the insurance fraud. For this the rules and regulations are implemented using which they sometimes protect themselves from ...