Option #1: Compare Insurance Plans by StatePart IVarious programs provide free or low-cost coverage to millions of families with limited income. Develop a scenario in which an individual or family is currently making use of such a program, but plans to move to another state. Create a chart that compares your chosen program in three (3) different states and recommend a state to which the individual, or family, should move. Your chart should contain the following:A brief paragraph describing the scenario (e.g., elderly war veteran, pregnant woman, young girl who is visually impaired)Program features and characteristics (e.g., type, benefits, costs)Visual indication of the state you recommendPart IIWrite a 7-8 page description of your decision-making process. Your reflection should address the following questions:What are the most important features that impacted your state choice?What difficulties did you face in choosing a state?Under what circumstances would you recommend a different state, and why?Your paper must adhere to the following requirements:Be written in accordance with the CSU-Global Guide to Writing and APA RequirementsBe 7-8 pages in length (not including the cover and reference pages); that is, approximately 3,000-3,500 wordsInclude headings, per APA guidelinesInclude at least four (4) sourcesI have uploaded what I have already submitted as my portfolio milestones so they will need to be incorporated into the paper

I am starting a home health care staffing agency business. This assignment is based on a new start up business. In this assignment, you will incorporate what you learned in your accounting and finance classes to estimate your required start-up funding and financial projections. Download the Excel budget template and create a sample budget for one year that you will take to a commercial lender when applying for a start-up loan for your business. You may request a start-up loan in the amount of $0 to $500,000, but the loan can be for no more than $500,000.  Excel (budget) portion of assignment: Download the Budget Template that has been provided to you. You will notice that the 12 months of the calendar year have been inserted for you, as have the categories of Revenue and Operating Expenses. Prepare a 12-month annual budget by doing the following: Under the Revenue section, list the      payers from whom you will receive revenue. For ease of developing this      budget, list no more than five payers. For example, this may include      sources such as Medicare, Medicaid, and other—from which other payer      groups will you receive reimbursement?  Under the Operating Expenses section,      review the list of expenses that has been provided to you. Delete any      expenses that will not affect your business and add any additional      expenses line items that you believe are needed in your type of business. Be sure to NOT delete the Loan Payment      line item, as this is the amount of money that you will pay back towards      your loan each month. Assume that the loan is received on January 1st      and the first loan payment is also due in January.   Insert numbers for each month for      all line items and to totals for each month in each section. How much      revenue do you expect will come in from each payer source each month and      what will be the total revenue for the month? How much money do you      believe will flow out of the business in the form of expenses each month      and what will be the total of all expenses? Be sure to use Excel to total      all rows and columns. Be realistic here! Conduct external research, as      needed, to determine what figures should be inserted for each line item.      For example, if you start a two physician medical practice that also      employs one nurse, one medical assistant and an office manager, what would      be the total salaries for all of these individuals? The annual salary      figure for each individual must then be divided by 12 (for 12 months in a      year) to determine your monthly total salary expense. Using the Excel features, build a formula      for the Net Income/Net Loss row to see if you will be earning a profit or      a loss for each month of the first year.  Insert your tax (month by month)      totals.  Then calculate your Net      Income Total (month by month).    Narrative portion of assignment: Prepare a two-page paper (on a separate Word document) summarizing your financial needs and discussing any assumptions or limitations of your budget. Be sure to also address any unexpected things that might occur (downturn in the economy, policy or legislative changes to insurance, etc.). This written narrative will be given to the commercial lender in support of your application for the loan, along with your pro forma Excel budget.