M5C Obstacles and Pitfalls to Success Essay Example | Topics and Well Written Essays - 500 words

M5C Obstacles and Pitfalls to Success - Essay Example More emphasis is put in the endeavor to attain and maintain a considerable health plan which is being inhibited by the massive heath costs and invariably rising insurance costs. Insurance costs are increasing at an alarming rate with many medical insurance pundits alleging that the high risks in the current heath status of many individuals are the contributing factor (Pauly, MacGuire & Barros, 2011). Several factors have been continuously discussed on their influence to the obstacles, pitfalls and barriers of a good health care. Significantly the status of the economy has a haphazard impact on the costs of insurance and the heath care in general. A conducive and better performing economy where virtually all levels of income to the citizens are high and the costs of living low will enhance the affordability of a successful health plan (Pauly, MacGuire & Barros, 2011). Moreover, inflation, continuously poses a big threat to the insurance and health costs. These prices are soaring high and high with the rise in inflation rates an indication of a poorly performing economy. A successful health plan needs stable and steady economic conditions which will allow the concerned parties to attain their esteemed goal (Pauly, MacGuire & Barros, 2011). As noted earlier the levels of income play a big hand in the accomplishment of a successful health plan. Evidently, this influence is demonstrated in the instance of increased propensity to save which enhances the availability of more funds to secure health services when one is rendered less productive or retires. In addition, high income illustrates a better level to afford insurance costs which with the increasing health risks, diseases and infections are continuously rising (Inhurst, 2009). Unemployment rates are another key factor influencing on the costs of health care. With high population being unemployment and rising dependency levels many insurance providers are finding it inevitable to raise their costs

Economics of the environment Essay Example | Topics and Well Written Essays - 2500 words

Economics of the environment - Essay Example Pollutants causing the creation of ozone include volatile compounds and nitrogen oxides that come from industries. Once the pollutants are in the atmosphere, ozone, which is a potent greenhouse gas, is formed. The impact of ozone cannot be underestimated. Plants are animal life are destroyed since ozone reduces the rate of photosynthesis. As a result, the atmosphere will contain too much carbon dioxide. Statistics indicate that number of people living in extreme poverty has risen at an enhanced rate than the increase in income levels. Despite the impressive economic growth rates, some countries like Asia Pacific have not been able to reduce poverty. However, some countries like East Asia have grown and transformed economically. Ironically, the largest people living in poverty are found in these regions. South Asia, particularly, is the poorest in the world. Most people in these areas lack access to sanitation, education and the basic needs. The increased poverty goes hand in hand with the global inequality. In mid 20th century, international community responded to the issue of poverty by enhancing the structural adjustment, post-war reconstruction and campaigns for equality in economic growth (Fenwick et al.1029-030). The cost benefit analysis involves compiling the costs and benefits of a project, and translating them to monetary terms then discounting them over time. This enhances the determination of the present value for future costs and benefits. Projects with more benefits than costs are the ones that are accepted. The environmental benefits are unavailable, yet the costs remain known. This is controversial when determining what to measure and the values being measured. The economic analysis requires a good understanding of the effects of the project (Pimentel 229-52). Taking the cost analysis of the Millennium Development Goals in poverty eradication, there are different strategies that have been put