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1572846220175 Health Options.edited

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Running head: FEDERAL EMPLOYEES HEALTH BENEFITS PROGRAM 1
Adopt a Voucher Plan and Slow the Growth of Federal Contributions for the Federal
Employees Health Benefits Program
Name:
Instructor:
Course:
Date:

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FEDERAL EMPLOYEES HEALTH BENEFITS PROGRAM 2
Adopt a Voucher Plan and Slow the Growth of Federal Contributions for the Federal Employees
Health Benefits Program
Implementation of the option will replace the current premium-sharing plan. Under this
plan, the government is supposed to pay part of the health insurance cover for the policyholder.
The policyholders are supposed to pay 25 percent of the insurance cover in lower-cost plans and
a more significant share for those with higher-cost insurance plan whether he or she is an
employee or receives an annuity (Oberlander & J, 2014). The sharing of the premium cost gives
incentives to government employees, although the incentives are smaller they able to save when
they choose lower-premium plans.
The option will affect revenues, and although the change is negligible, uninsured
individuals will be penalized. Variations of the insurance cover cost, and people who have
employment-based insurance cover will cancel out revenue increase. The changes will have an
effect on tax on salaries and wages, which are part of the compensation plan, for some
individuals will experience an improvement in their taxable compensation while others will
experience a decrease (Liu & Jin, 2015).
The option is advantageous as there will be an increase in incentives to policyholders that
will enable them to select a lower-premium plan. The option decreases discretionary spending
from 2019 to 2026 by a large margin, which is estimated to be roughly $27 billion also, it
reduces mandatory spending by a margin $32 billion as the postal service and treasury will
decrease the payments made by the Federal Employees Health Benefits (FEHB) (Liu & Jin,
2015). Discretionary spending is reduced by lowering the amount paid by federal government
agencies for insurance coverage.

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Running head: FEDERAL EMPLOYEES HEALTH BENEFITS PROGRAM Adopt a Voucher Plan and Slow the Growth of Federal Contributions for the Federal Employees Health Benefits Program Name: Instructor: Course: Date: 1 FEDERAL EMPLOYEES HEALTH BENEFITS PROGRAM 2 Adopt a Voucher Plan and Slow the Growth of Federal Contributions for the Federal Employees Health Benefits Program Implementation of the option will replace the current premium-sharing plan. Under this plan, the government is supposed to pay part of the health insurance cover for the policyholder. The policyholders are supposed to pay 25 percent of the insurance cover in lower-cost plans and a more significant share for those with higher-cost insurance plan whether he or she is an employee or receives an annuity (Oberlander & J, 2014). The sharing of the premium cost gives incentives to government employees, although the incentives are smaller they able to save when they choose lower-premium plans. The option will affect revenues, and although the change is negligible, uninsured individuals will be penalized. Variations of the insurance cover cost, and people who have employment-based insurance cover will cancel out revenue incre ...
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I was having a hard time with this subject, and this was a great help.

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