What is the marketplace for individuals?

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Reference no: EM13891074

Assignment: Personnel Management - The Front Office

Unit outcomes addressed in this Assignment:

• Explain the various employee benefits.

• Distinguish between various personality traits and methods of incorporating team work in a medical office setting.

• Explain the most common employee benefits.

• Distinguish tax benefits for employers.

• Discuss the Affordable Care Act.

Course outcome(s) addressed in this Assignment:

MO270-3: Describe methods of personnel management in the medical office. MO270-4: Discuss compliance to legal standards that apply to medical offices. Instructions: Part I

For your Assignment this unit, you will be completing two parts. Both parts may be combined in one document. In part I, you will discuss stages of the employee life cycle.

Begin by listing the stages of an employee life cycle. Then, you will write about the following:

Imagine you are the office manager for a medical office that is currently in need of a medical biller/coder. You need to create a job advertisement for this position. The advertisement will be posted in your local newspaper and on various professional online job search engines. Your Assignment is to create a job announcement which will include: job title, job description, duties, required experience, and required education.

After you have created your job announcement, create a list of benefits that are offered and describe what each one entails (after certain months of employment). Include: type of medical insurance (will you offer a Cafeteria 125 plan, HMO?), life insurance, unemployment, sick leave, vacation time, bereavement leave, maternity leave, and leave of absence. Next, write about what type of training the employee will receive and for how long? (Will the training be provided by staff member or office manager? What will the duration of the training be? One week? Two? Will there be any out of office training?) Which benefit is the most commonly offered?

Instructions: Part II

For this portion of your Assignment, you are to research the Affordable Care Act and discuss the following questions:

• What is the Affordable Care Act?

• Do all businesses have to cover employees with medical insurance? What about employers with less than 50 employees? Employers with more than 50 employees?

• What is SHOP marketplace? What are some benefits of SHOP marketplace?

• What is the marketplace for individuals?

• What is open enrollment and who can apply for insurance through the marketplace?

Websites available for research: https://www.hhs.gov/healthcare/rights/

https://www.healthcare.gov/

Reference no: EM13891074

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