Liability insurance

associated with the patient care, policies and insurance protocol. A hospital who has universal healthcare would change drastically in means of productivity. Doctors could worry more about the patient 's health rather than insurance procedures. On average, 150 doctors in an average sized hospital are either doing paperwork on insurance or doing nothing. Doctors would not have to worry less about looking into patient’s access paperwork or malpractice liability. Doctors would have a better…

formations. If someone wants to develop a business, they can form a sole proprietorship, partnership, limited liability company, or a corporation. A sole proprietorship refers to a business that is owned and managed by one person. A partnership is a business where two people agree to be co-owners of a business and general participate in management and share the incoming profits. A limited liability company is relatively new in terms of business formations. It is a company that is a combination…

Business Concepts: Restaurant Style Since I was about nine years-old, I have always wanted to own my own restaurant. I am currently taking the steps needed to achieve my goals. While in college, I have learned so much about business and all the different types. I realize that I cannot just open my restaurant overnight, so learning and observing everything that I can will benefit me in the long run. So far the major business concepts of owning a restaurant are: forms of business ownership,…

Having abnormality in already existing legislation that have already analyzed by different departments, there is still potential for the misuse of the idea of SMC having limited liability at the hand of single member. In Pakistan there is no proper mechanism of checks and balances to reduce the risk of the corporate liability by the SMC in Pakistan. SMC seems to make an environment for business activities without of its proper sense and in Pakistan this idea has been put in a way that it created…

partnership. They both have sharing ratio for profits/losses. It depends on the capital contribution or they may decides equally or any ratio. Say 1:1 which is equally, 1:2 etc. In any losses both will be liable for it. 3. Limited Liability Company:- The Limited Liability Company, also…

Administration Ownership: Obie-Achi is a Limited Liability Company (LLC) that contains the characteristics of a corporation and a sole proprietorship. We will be taxed just like a sole proprietor but with the limited liability of a corporation. This gives us flexibility when it comes to taxes because we will not be taxed directly, we will be able to decide how we want to be taxed. Also, being an LLC protects our business and employees from liability, so they won’t be personally liable for any…

1. There are a few reasons that investors in Project Repeat might shy away from the idea of becoming an S corporation. While Project Repeat might be able to avoid double taxation that regular corporations face, they would also be facing a lot of restrictions. One problem with S corporations is that they can only have 100 stockholders. In addition, the limited number of stockholders, there are also restrictions on who can own stock in the company. Another drawback to this type of corporation is…

When thinking of healthcare system in America you do not think of friendly, free, or universal. In America the healthcare is in favor of the wealthy and the individuals who have good insurance. They will give little to no proper care to the individuals that do not have health care insurance. Luckily we now have Obama Care, yet we still do not have free universal health care like Canada, England, France and even Cuba. We are ranked number 37 according to World Health Organization’s Ranking of the…

Immigrant health issues, including: lack of access to health care, lack of insurance, lack of education, language barriers and fear of prejudice all have an effect on our communities, the United States as a whole and how we deliver proper treatment to those individuals. The main issue that I will talk about is the communication barrier, its issues and some solutions. The high level of immigrants without insurance is partially explained by the lack of or low levels of education. With low…

There’s more than cost to consider when you hire an electrician. While reasonable prices should be a factor, it’s more important to hire an electrician who safely will repair any electrical problem in your home. Piedmont Electric Repair Co. Inc. in High Point, NC, has been providing high-quality services since 1936, so they have the expertise to take care of any electrical job. They suggest asking these five questions to find the most qualified local electrician: • Are You Licensed? Most…