Netw206 W1 Assignment 1 Essay

1045 Words Jul 8th, 2013 5 Pages
APPLYING ECONOMICS TO CURRENT EVENTS

Applying Economics to Current Events
Ivy Bridge of Tiffin University

There are so many events going on in the world today. There is a housing market issue, health care reform issue, and companies fighting for paid sick leave from their jobs. There are many more this is just to name a few. The housing market is going to start booming again for a short time. The health care reform created by Obama will continue to be an issue for a long time, and companies are fighting to get paid sick leave when they are ill. There are so many things that have changed in the world, and it sure is not what it used to be.
First, the housing market is starting to come back to business, but it is taking some time.
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The states are still going to have control over everything and even more now. “In some states, Medicaid pays to save the life of a stroke victim in the hospital, but then denies adequate rehabilitation services and devices to prevent that person's ongoing health problems from rapidly placing further strain on the thin social-service safety net”(Vox,2013). Medicaid used to cover everything that a patient would need. There should not be a change in that. There are some people that cannot afford health care coverage on their own. If a person has a job and the company offers insurance, then yes a person should take it. The people that take advantage of the system and does not take the offered insurance and stays on Medicaid should be fined.
Employers are going to have to start paying for their employees to have insurance. The company must have at least 50 full-time employees to start the mandatory coverage. When a company does not provide the coverage, the company will get fined between $2000.00 and $3000.00. There are many of companies that do not have that many employees. What are going to happen to all of the small businesses? Are they going to get shut down? Are they going to get a fine for not having some type of insurance coverage for the employees? There are still un-answered questions and there are people wondering what is going to their jobs when the Affordable Care Act goes into full effect.
There are also

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