The company provides health insurance

Assignment Help Finance Basics
Reference no: EM131047202

Doug, age 40, is the owner of a small firm that sells window blinds and cleans carpets. The company provides health insurance for seven employees. The wife of one employee has breast cancer and has incurred substantial medical bills, which resulted in a 40 percent increase in health insurance premiums for the company. Doug is not certain that the company can continue to provide health insurance for the employees because of the substantial increase in premiums. Explain the provision in the Affordable Care Act that will enable Doug to provide affordable health insurance to his employees.

Reference no: EM131047202

Questions Cloud

Severely eroded from osteoarthritis : Ken, age 52, works only part-time and has no health insurance. The cartilage in both his knees is severely eroded from osteoarthritis, which causes severe pain during his daily activities.
Elements of financial planning need : What elements of financial planning need to be understood? Who needs to be involved and when should they be (finance, i.t. department, etc.)? Recommend some decisions to be made.
Find the slope of the tangent lines : Find dy/dx and the slope of the tangent lines shown on the graph of the polar equation- r = 2 + 3 sin(θ)
Compare and contrast the newly revised ghs : Compare and contrast the newly revised GHS-based requirements for information on Safety Data Sheets (SDS) in 29 CFR 1910.1200 with the previous HazCom Standard requirements for information on Material Safety Data Sheets (MSDS).
The company provides health insurance : Doug, age 40, is the owner of a small firm that sells window blinds and cleans carpets. The company provides health insurance for seven employees. The wife of one employee has breast cancer and has incurred substantial medical bills, which resulte..
Onset of the menstrual cycle : You are the nurse providing care for a client reporting symptoms of bloating, irritability, and breast 1) tenderness. The symptoms recur monthly about 3 weeks after the onset of the menstrual cycle.
Determine which value is on the most dice : Determine which value is on the most dice, and set those dice aside so they won't be re-rolled. Repeat steps (2) and (3) until you're out of rolls (in Yahtzee, it's a maximum of 3 rolls)
Group term life insurance and group universal life : Group term life insurance and group universal life insurance have different characteristics and objectives. Compare (1) group term insurance with (2) group universal life insurance with respect to each of the following:
Design of new products using decide framework : What is the Importance of Evaluation in the Creation and Design of New Products using DECIDE framework?

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd