Effects of Compensation on Health Essay

Effects of Compensation on Health Essay

Length: 866 words (2.5 double-spaced pages)

Rating: Strong Essays

Open Document

Essay Preview

Compensation plays a huge role in many areas of American society. One of the most important, may be the health of the individuals living in our society. The amount of compensation an individual receives can have a great impact on the individual’s health and the health of their family. Things like income, quality of health insurance, amount of stress, and quality of food consumed are all factors that could contribute to the overall health of a person. 4
Income will many times determine whether or not a person goes to the doctor. Whether for preventative reasons or because an illness has already taken place regular doctors’ visits can insure the health of an individual. If a person’s compensation includes health insurance, their expense at the doctor’s office can be much more affordable then if they do not. This does not mean that they can afford to go to the doctor. There is always some expense. Many people are unable to budget in unforeseen expenses such as medical needs. Jeff Larrimore discussed the effects of income on health in his article titled “Does a Higher Income Have Positive Health Effects? Using the Earned Income Tax Credit to Explore the Income-Health Gradient.” In his findings he stated, “Although I did observe a correlation between income and self-reported health, I found no evidence that increases in income significantly improve self-reported health statuses.” While he did not find a correlation between income and self-reported health, there is possibly a correlation between income and unreported health. There would be no clear record of a person’s health if they were not able to afford the medical attention they need.
Insurance is a factor in the health of Americans. Most companies are required to offer insur...

... middle of paper ...

...aid Eligibility on Coverage, Utilization, and Children's Health. Health Economics, 21(9), 1061-1079.
JOHNSTON, D. W., & WANG-SHENG, L. (2013). EXTRA STATUS AND EXTRA STRESS: ARE PROMOTIONS GOOD FOR US?. Industrial & Labor Relations Review, 66(1), 32-54.
LARRIMORE, J. (2011). Does a Higher Income Have Positive Health Effects? Using the Earned Income Tax Credit to Explore the Income-Health Gradient. Milbank Quarterly, 89(4), 694-727. doi:10.1111/j.1468-0009.2011.00647.x
Ponnet, K., & Wouters, E. (2014). Stress and mental health in families with different income levels: a strategy to collect multi-actor data. JMIR Research Protocols, 3(1), e1. doi:10.2196/resprot.2832
Feature, R. (n.d.). 10 Stress-Related Health Problems That You Can Fix. WebMD. Retrieved May 4, 2014, from http://www.webmd.com/balance/stress-management/features/10-fixable-stress-related-health-problems

Need Writing Help?

Get feedback on grammar, clarity, concision and logic instantly.

Check your paper »

Compensation of Temperature Effects on Guided Wave Based Structural Health Monitoring Systems

- Compensation of Temperature Effects on Guided Wave Based Structural Health Monitoring Systems Introduction Structural health assessment of structures based on ultrasonic piezoelectric sensors that have the capability to emit and record Lamb waves has developed greatly in recent years. The point has been reached where aerospace manufacturers can acquire complete off the shelf monitoring solutions composed of embeddable sensor networks, acquisition units and necessary software. Pre-established sensor networks can be fitted into composite structures opening the doorway towards permanent health monitoring and remaining service life assessment....   [tags: Temperature, Structures]

Strong Essays
620 words (1.8 pages)

Company Case Study : Compensation Package Essays

- When a company hires a new Chief Executive Officer (CEO), the company must decide how to compensate the CEO. There are many ways of compensating CEOs, and they all have advantages and disadvantages. These can include things such as salaries, stock options, bonuses, and other benefits. How the company decides to arrange all the things for its CEO can be very crucial to the company’s success. One of the most interesting decision the company must make is whether to give its CEO a golden parachute, and what the company decides to offer as a compensation package, can be one of the most important decision the board of a company makes....   [tags: Executive compensation, Chief executive officer]

Strong Essays
1057 words (3 pages)

Essay on Detrimental Effects of Extended Unemployment Compensation

- Detrimental Effects of Extended Unemployment Compensation Most every individual, family, and even the nation as a whole experience lean times and periods of great prosperity. During seasons when the economy is not doing well, unemployment rises, causing individuals and families to face unplanned financial hardship. President Franklin D. Roosevelt recognized the need for a temporary financial bridge for those facing the dilemma of lost income and led the way in establishing unemployment insurance in the 1930’s....   [tags: Economics, Unemployment Essays]

Strong Essays
904 words (2.6 pages)

Compensation For Organ Donation : The Sale Of Organs Essay

- Compensation for Organ Donation The sale of organs is a very controversial topic and has been illegal in the United States of America since 1984 (“Legislative Chronology”). Selling organs can have many benefits and negative outcomes for both the people giving their organs and the people receiving the organs. Since organ sales are illegal nearly everywhere this business is quite risky and dangerous. Although, organ sales have helped some very impoverished people who are desperate for money. The system of selling organs is complex and has many positive reasons to be legal and many negative reasons for the sale of organs to remain illegal....   [tags: Organ donation, Organ transplant, United States]

Strong Essays
846 words (2.4 pages)

The Effects of the Common Experience Payment versus the Truth and Reconciliation Commission on First Nations Identity and Wellbeing

- Despite the wide scope of approaches taken by the Canadian government to assist in the healing process as a result of the residential schools, further evaluation and view of correspondence with Aboriginals proves that these measures may not have been as effective as they seem. Prime Minister Stephen Harper’s apology on June 11, 2008 symbolized a major step in acknowledging a national sense of shame for the terrible things inflicted upon Aboriginal youth in residential schools. However, the nature of the agreement was intended to be holistic and address numerous levels of trauma and loss, but in reality these efforts have fallen short....   [tags: compensation for resdiential schools in Canada]

Strong Essays
2689 words (7.7 pages)

Essay on Reducing Small Business Employment wiht the Affordable Care Act

- How the Affordable Care Act Will Reduce Small Business Employment The Congressional Budget Office (CBO) reported (http://www.cbo.gov/sites/default/files/cbofiles/attachments/45010-Outlook2014.pdf) this week that the Affordable Care Act (ACA) will mean that two million fewer people will be employed full-time in 2017 than would be working in the absence of the law. Unmentioned in the report, or the firestorm of commentary that followed, was how the reduction in employment would be distributed between big and small companies....   [tags: insurance, health, compensation]

Strong Essays
568 words (1.6 pages)

The Comprehensive Environmental Response, Compensation, and Liability Act

- ... Hooker Chemical drained the canal and lined it with canal to prevent the soon to be deposited barrels of chemicals from leaking. During the period Hooker Chemical used the dump over 21,000 tons of chemical waste. Later on, the company sold the land to the Niagara Falls School Board for $1.00. Immediately afterwards, a series of winters which brought heavy rainfall lead to the leeching of chemicals into creeks, basements, backyards, and the school playground. Consequently, President Jimmy Carter realizing the graveness of the situation, called for a state of emergency, leading to the evacuation of 239 families.2 After the Love Canal Disaster, politicians and the general public alike were...   [tags: industrial waste, laws]

Strong Essays
1431 words (4.1 pages)

The Main Types Of Health Insurance Essay

- The three main types of health insurance in the United States are voluntary, social and welfare. These types on insurance a person possess sometimes determine the ability to seek care and how that care is given. Insurance types such as voluntary and social insurance can be very expensive and will make participants consider how important it is for them to see the doctor, while welfare medicine participants have trouble finding a doctor due to the limit number of physicians who are provider or are refusing to take on new patients....   [tags: Health care, Medicine, Health care provider]

Strong Essays
1277 words (3.6 pages)

Essay on Occupational Health And Safety Practices

- Occupational Health and Safety The term ‘occupational health and safety’ (often abbreviated to OHS), is used describe work practices that will keep employees safe. The absence of OHS can be detrimental to a company and its workers alike, as there is a high risk of serious injury. Safety on many worksites must be the top priority for any corporation. Though at our walk-around of Juggernaut Industries, we noticed it wasn’t monitored at all. The following is a list of possible effects and laws that will remind you of the consequences....   [tags: Occupational safety and health]

Strong Essays
882 words (2.5 pages)

Health Insurance And The Affordable Care Act Essay

- Health Care finance, insurance options, distribution of insurance, and how the different types of insurance plans operated in the United States is complex and complicated discussion. United States health care spending, in 2014, increased 5.3 percent which was a 2.9 % increase from 2013 to reach $3.0 trillion or $9,523/per person (CMS 2015). The fastest growth experienced in 2014 was mainly due to the major coverage expansion under the Affordable Care Act, specifically for Medicare and private health insurance (CMS 2015)....   [tags: Health insurance, Health economics, Medicare]

Strong Essays
1609 words (4.6 pages)