The budget plan has announced the “Scheme $6,000” this year. It is a scheme that people who have Hong Kong Permanent Identity Card aged 18 or above can get $6000 from government. People who choose to defer receipt $6000 can have $200 bonus. It seems that it is a good policy for people: low-income group can have this subsidy to solve their financial problem; the others can save it, or use it to buy their favourite items. But when we think it seriously, is it really a helpful subsidy for low income group? Does the government only consume this bulk of $6000 and $200 bonus? Is it an efficient and fast process to give $6000 to people’s hand? Up to now, the “Scheme $6,000” has used almost 8 months to plan and work the delivery process. Compare to the delivering money process of Macau in recent years; it is a non-efficient and time-consuming way to plan and deliver. In this essay, we would focus on 4 aspects: time used, cost consumed, human resources and the long-term benefit. To find that is “Scheme $6,000” really benefit both government and Hong Kong people or not.
In the time aspect, “Scheme $6000” wasted a huge amount of time cost as deliver to Hong Kongers. Time is a limited resource to everyone. Life is short. The use of our treasure time is an important issue in our life. Covey (n.d.), a management expert, states four generations is about time management. The fourth generation is about being efficient. It can be paraphrased as "Less is more," which emphasizes the importance of squeezing every minute of your time, as suggested in traditional time management schemes. From the policy address announced to all Hong Kongers receive their $6000, it will take about 22 months. The time cost is extremely high compare to city next to Hong...
... middle of paper ...
...etting serious, so Hong Kong hospitals are facing larger demand of medical services and need more medical supplies. As medical services are one of the basic needs of human, to raise living standard of Hong Kong residents, the Government should dump the pool of money involved in Scheme $6000 into more efficient use, such as increasing supply of nurses.
Works Cited
1. Government changed for handing $6000 MPF to cash. (2011, March 07). Retrieved from http://mpf.hk/post/2011/03/07/Hong-Kong-reviewed-budget-Giving-out-$6000-to-replace-investing-in-MPF.aspx
2. Scheme $6000 details set. (2011, August 12). Retrieved from http://mpf.hk/post/2011/08/12/Scheme-$6000-details-set.aspx
3. Scheme $6,000. (n.d.). Retrieved from http://www.scheme6000.gov.hk
4. Macao SAR- 2010 wealth partaking scheme. (n.d.). Retrieved from http://www.planocp.gov.mo/2010/faq/faq_10_2_e.html
In the U.S and other nations of the world, the health expenditure and number of physicians increase as the economy expands. However, physician shortage is of a great concern globally, which the U.S and the Military Healthcare System (MHS) are no exceptions. According to Garber (2004) “a shortage exit when there is unsatisfied demand, which occurs when the quantity of a good or service is less than what people will be willing to buy at the current price”. For example a long wait time to get an elective surgery done, or a long wait for a patient to get an appointment to see the doctor are evidence of physician shortage. Another definition of shortage is “having a projected supply of physicians that meet less than 80% of the forecasted demand or need, calculated at the estimated means (Scheffler, Liu, Kinfu, & Dal Poz, 2007). The World Health Organization report (2006) estimated that, 57 countries had absolute shortage of 2.3 million physicians. This shortage according to prior studies implied the lack of a sufficient number of health care professionals to deliver skilled health interventions such as child-birth.
Canada's health care concerns are primarily the result of federal and provincial cutbacks in an effort to eliminate the deficit (Gordon 1). Under the restructuring, governments have provided less money to the system resulting in hospital closures, lack of hospital beds, and operating rooms, cancellation or reduction of programs and restriction on the availability of new medical technologies (Gordon 3). All these have resulted in limiti...
Recent budget controversy in Congress and the media has once again brought to the forefront the pressing desire for fiscal responsibility in the United States Government. Although Congress came to a compromise over the budget in the proverbial eleventh hour, the extra attention afforded to the budget issue has reignited a lingering controversy: is the current system of transfer payment programs a financially viable one, or should these programs be recognized as an economic burden? As new waves of retirees stream into the system, it has once more become necessary to consider whether or not the U.S. Government can truly afford to keep the implicit promises it has made, and if the next generation to reach retirement age will see the benefits that it pays for current claimants to enjoy.
As of April 1, 2010, many changes in the health care structure is changing. Many of these changes are reorganizing the responsibilities of who makes the decisions on how services are commissioned, the way money is spent and issuing more involvement from local authorities and opening up comp...
Despite the established health care facilities in the United States, most citizens do not have access to proper medical care. We must appreciate from the very onset that a healthy and strong nation must have a proper health care system. Such a health system should be available and affordable to all. The cost of health services is high. In fact, the ...
...e crucial change needed in health services delivery, with the aim of transforming the current deteriorated system into a true “health care” system. (ANA, 2010)
...ry care shortages: Strengthening this sector is urgently needed, now and in preparation for healthcare reform. 5(1), 40-47.
This is an important issue because non-governmental organization like Partners in Health change the world for the better by providing healthcare to the people and communities in need. Partners in health started helping people in Haiti and later expanded their cause to around the world. Reviewing the annual reports, we can see that the amount of donations has drastically dropped since 2008 to the 2012. There is no really concrete reason as to why the donation have decreased, but we suspect that it is most likely due to the financial crisis. We think it is important to address the financial situation that our organization and other non-governmental organizations face and figure out ways to minimize operational costs as much as possible so we can spend it more on providing necessary healthcare or services and to keep an organization like ours in operation.
Thousands of nurses throughout the nation are exhausted and overwhelmed due to their heavy workload. The administrators do not staff the units properly; therefore, they give each nurse more patients to care for to compensate for the lack of staff. There are several reasons to why
receive bank financing for this new entity of HKD 2.3bn as a Delay Draw Term Loan (“DDTL”) plus HKD
Several other causes have been attributed to the nursing shortage. An increase in the number of nurses is needed. Sadly, there is little increase in compensation for nurses. In addition to no growth in pay, the level of stress, responsibility, and demand nurses is increasing. Unfortunately, patients are the ones who suffer. When a hospital does not have the proper nursing staff to care for patients, it results in poor patient safety and patient outcomes (Buerhaus, Donelan, Ulrich, Norman, DesRoches, & Dittus, 2007). Nursing salaries compared to other professions has remained stagnant. For example, a registered
As reported by Bowron (2010), hospitals will benefit from reducing patient-nurse ratio by saving money. Bowron point out that an adequate staffing ratio could lower hospitals’ costs significantly in the following ways:
This student has learned a lot from this health care economics class. The content of this class can help this student in a profession as a Health service administrator by playing a crucial role in making critical decisions every day that help improve their patients’ lives. They are responsible for the planning of health services, directing and coordinating while working closely with medical staff to improve the quality of patient care (Vieira, 2016). Being responsible for ensuring that the health institutions have funds and well organized, the economics knowledge helps the administrators in making critical decisions on how to raise fund for health, reduce barriers to accessing fund, and ensure efficient and equitable use of funds (WHO, 2018).
According to the World Bank, the budget for 2014 universal health care system of Indonesia was at 4.86 billion dollars to care for 240 million people (N. Mboi 2015). And about 80000 villages. The healthcare system is a universal health care system that 's run by the government of Indonesia called, Jaminan Kesehatan Nasional (JKN). The health care system is seeing overseen by the Minister of Health. It 's interesting to note that just as Britain the wealthy do not utilize this health care system and in the fact that of 1800 hospitals 650 of them are private those private hospitals do you not meet the accreditation of the Ministry of Health but that doesn 't stop the wealthy from continuing to go to these facilities. Girl according to the World Health Organization Indonesia ranks 92nd out of 190 countries in the same rating system it 's worth noting that Britain ranks 18th. Now let 's look at the dominant characteristics of
The effects of having a deficient nursing staff are explored in this paper. By reducing the number of nurses in a healthcare facility the quality of care is no longer at its peak. If healthcare facilities were to hire an adequate number of nurses the quality of care would return to its peak. However, as the number of nurses continues to deteriorate current health care team nurses are forced to work with a soaring nurse-to-patient ratio. As the quality of care diminishes hospital stay is extended, which increases the cost of care for the hospital and patient. The severity of the issues that an inadequate nursing staff have are substantial and need to be resolved. This paper examines the abounding effects associated with inadequate