|
|
Books > Business & Economics > Finance & accounting > Finance > Insurance > General
The Affordable Health Care Act of (2010) is in the early stage of
implementation as of late 2013. Commonly referred to as OBAMACARE,
the health care program is designed to encourage millions of
taxpayers and citizens to purchase some form of medical insurance
coverage for each person including family members.
A guide to health insurance and the Affordable Care Act for
consumers. This book describes the health reform provisions of the
Affordable Care Act, including essential health benefits, the
health care exchanges, and premium subsidies available for certain
individuals. The book also describes the main features of health
insurance plans in the U.S., including characteristics of health
maintenance organizations (HMOs) and preferred provider
organizations (PPOs), and typical cost-sharing mechanisms,
including deductibles, coinsurance and copayments. Practical
examples of the operation of deductibles, coinsurance and
copayments are provided.
Managing Risk: A Guide for Physicians and Practices is one
component of Daktori's Financial Fellowship Program and is approved
for up to 7.5 hours of Category I Continuing Medical Education
(CME) credits in all states for all specialties. The monograph
helps physicians avoid liability traps arising from casual events
that meet the legal definition of the doctor-patient relationship,
contribution to diagnosis, miscommunication with patients and
staff, poor layout of the office (especially high risk
communication areas), drug therapy dangers, and non-medical
liability risks for the practicing physician. Additional sections
have been added on HIPAA risks, telemedicine liability and more.
Free Daktori newsletter subscription (register at
www.daktori.com/contact) and complimentary consultation with one of
the authors also included with purchase. If continuing education
credit is desired, please see included instructions.
How to Beat Obamacare briefly covers the most important parts of
the Patient Protection and Affordable Care Act signed into law in
2010 by President Obama. It gives a framework for making smart
choices in the new healthcare environment.
How to Save for Retirement and Use Your Savings TODAY Retirement
Planning and Rapid Wealth Creation for the Family will teach you
and your Family EXACTLY how to save for retirement. Saving for
retirement and knowing how to save for retirement can be one of the
most valuable skill sets a family has, and lead family members to a
more rewarding life today while investing for tomorrow. The book
will show you a straight-forward, logical way to save for
retirement. It will show you a way to use that same savings money
as though you had never touched it. You will learn how to put
together a solid retirement, as well as increase your cash flow in
the years leading up to retirement. You will literally get your
money working in two different directions at once so that you can
live better today while saving for tomorrow. Just by picking up
this book and implementing the simple strategy outlined, you could
easily save $100,000 to $200,000 over your lifetime if you are
currently using credit cards or financing major expenses.
GAO-11-616 - Federal Crisis: Review of Federal Reserve System
Financial Assistance to American International Group, Inc. In
September 2008, the Board of Governors of the Federal Reserve
System (Federal Reserve Board) approved emergency lending to
American International Group, Inc. (AIG)--the first in a series of
actions that, together with the Department of the Treasury,
authorized $182.3 billion in federal aid to assist the company.
Federal Reserve System officials said that their goal was to avert
a disorderly failure of AIG, which they believed would have posed
systemic risk to the financial system. But these actions were
controversial, raising questions about government intervention in
the private marketplace. This report discusses (1) key decisions to
provide aid to AIG; (2) decisions involving the Maiden Lane III (ML
III) special purpose vehicle (SPV), which was a central part of
providing assistance to the company; (3) the extent to which
actions were consistent with relevant law or policy; and (4)
lessons learned from the AIG assistance. To address these issues,
GAO focused on the initial assistance to AIG and subsequent
creation of ML III. GAO examined a large volume of AIG-related
documents, primarily from the Federal Reserve System--the Federal
Reserve Board and the Federal Reserve Bank of New York (FRBNY)--and
conducted a wide range of interviews, including with Federal
Reserve System staff, FRBNY advisors, former and current AIG
executives, AIG business counterparties, credit rating agencies,
potential private financiers, academics, finance experts, state
insurance officials, and Securities and Exchange Commission (SEC)
officials. Although GAO makes no new recommendations in this
report, it reiterates previous recommendations aimed at improving
the Federal Reserve System's documentation standards and
conflict-of-interest policies. While warning signs of the company's
difficulties had begun to appear a year before the Federal Reserve
System provided assistance, Federal Reserve System officials said
they became acutely aware of AIG's deteriorating condition in
September 2008. The Federal Reserve System received information
through its financial markets monitoring and ultimately intervened
as the possibility of bankruptcy became imminent. Efforts by AIG
and the Federal Reserve System to secure private financing failed
after the extent of AIG's liquidity needs became clearer. Both the
Federal Reserve System and AIG considered bankruptcy issues,
although no bankruptcy filing was made. Due to AIG's deteriorating
condition in September 2008, the Federal Reserve System said it had
little opportunity to consider alternatives before its initial
assistance. As AIG's troubles persisted, the company and the
Federal Reserve System considered a range of options, including
guarantees, accelerated asset sales, and nationalization. According
to Federal Reserve System officials, AIG's credit ratings were a
critical consideration in the assistance, as downgrades would have
further strained AIG's liquidity position. After the initial
federal assistance, ML III became a key part of the Federal Reserve
System's continuing efforts to stabilize AIG. With ML III, FRBNY
loaned funds to an SPV established to buy collateralized debt
obligations (CDO) from AIG counterparties that had purchased credit
default swaps from AIG to protect the value of those assets. In
exchange, the counterparties agreed to terminate the credit default
swaps, which were a significant source of AIG's liquidity problems.
As the value of the CDO assets, or the condition of AIG itself,
declined, AIG was required to provide additional collateral to its
counterparties.
The business of reinsurance developed at the fringe of financial
services and, for most of its existence, went largely unnoticed
outside the expert community. More recently, both public and
professional sensitivity towards managing risks has increased and
reinsurers have emerged as authorities on global threats such as
climate change and natural catastrophes. This is the first book to
provide a comprehensive historical description of this industry. It
traces the global development of reinsurance from the early 19th
century until today. As such it gives a detailed account of how the
nature of risk itself changed over the last 200 years. It
highlights all aspects relevant in shaping the industry from the
development of risk, risk engineering and risk management,
actuarial science, the financial and monetary environment, market
conditions, impacts of politics, the effects of regulatory changes,
to large risks and natural catastrophes. A comprehensive
introduction by the editors highlights the different challenges and
approaches to managing risk from a reinsurance perspective such as
mathematical, financial, legal, and contractual developments, as
well as the changing business models adopted. All of these are
dealt with in further detail by ten contributing authors.
|
|