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TD 4 MGT- 412 Employee Benefits - Essay Example

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TD 4 MGT- 412 Employee Benefits

Tom Baker & Jonathan Simon combine the ideas of different authors and present them in the form of a book to deal with the changing culture of insurance and organizational responsibility. The commentaries presented in this book discusses the significant changes in insurance including the expansion of the social insurance sector, advanced social security program, then formation of programs such as Medicaid, Medicare, and natural disaster insurance, (Baker & Simon, 2002).
The Employee Benefits Law Report (2015), it reveals a serious debate about Obamacare and questioning the functionality of Affordable Care Act. The American Supreme Court determined a case between King v. Burwell, that raised the issue the composition of the terminologies in the body of ACA imply that subsidies payable by the state to cover the cost of health care are only obtainable to those living in the U.S and have formed their healthcare exchanges. The plaintiff’s arguments were that the subsidies should not be given to citizens who have established their medical care exchanges. The concern, in this case, is the millions of Americans would lose medical cover if they lose the right to the subsidies.
Mchugh, R. (2015). Employee Benefits Law Report | Reporting on Recent Trends and Developments Affecting Employee Benefits. Employeebenefitslawreport.com. Retrieved 5 April 2015, from ...Show more

Summary

In the recent past, the economy has been changing especially in organizational restructuring and workers are steadily becoming concerned about employee benefits issues such as the Affordable Care Act, family medical leave Act, and life insurance. Therefore, this essay identifies…
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