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| FACEBOOK PROFILE (PHILIPPINES) Posted: 01 Nov 2012 12:23 PM PDT |
| Philippines stands out among booming markets Posted: 01 Nov 2012 11:53 AM PDT Philippine News: Manila (Philippine Daily Inquirer/ANN) – The Philippines has strong growth prospects over the medium- to long-term due to a large degree to policies of the Benigno Aquino administration that have succeeded in levelling the playing field for foreign investors, a ranking official of Goldman Sachs said. Philippine News |
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| Philippines grapples with cost of economic success Posted: 01 Nov 2012 08:52 AM PDT Philippine News: MANILA (Reuters) – Reforms pushed through by President Benigno Aquino have put the Philippines back on the map for international investors but authorities are struggling to control an inflow of capital that has pushed up the currency and threatens asset price bubbles. The central bank cut interest rates last week to deter hot money but economists say inflows will remain a problem, especially … Philippine News |
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| Programmer/Analyst (COBOL) MAN:1295;1296;1297 – 3FTE – E – Taguig Posted: 01 Nov 2012 08:03 AM PDT NCO – Fort Bonifacio, Makati City, Metro Manila – Title: Programmer/Analyst (COBOL) MAN:1295;1296;1297 – 3FTE – E – Taguig – 10/15/2012Location: NCR-Fort BonifacioNCO is an industry leader in providing business process outsourcing services including accounts receivable management, customer relationship management and back office services for a diversified customer base. Our clients are empowered to successfully address immediate business needs, while empowering long-term growth across the entire customer lifecycle. NCO currently provides – Permanent – Full-time Taguig jobs in Philippines – Apply Here |
| Insurance HQ Commentary on the World Health Insurance Slump Posted: 01 Nov 2012 06:30 AM PDT
The Minister for Health, Nicola Roxon, has announced that private health insurance premiums will go up by 5% on average, in August 2008. The actual increase you will pay depends on your fund, policy and the state you live in. Some policy conditions and features may also change.
Bruce Gow, director of Insurance HQ, would like to see companies with more than 1,000 employees to spend at least 9 percent of their payrolls on health benefits.
Those that pay less than 9 percent could be required to pay the difference to the state. (contact details of Insurance HQ at bottom of this release)
Insurance firms should have more flexibility to offer reduced-benefit plans or plans tailored to low-risk young adults. This would mean that young adults could buy insurance with low premiums but high deductibles. Research has shown that there is a World Wide Health Insurance slump.
In its first health insurance and system findings from over two years ago, The Commonwealth Fund Commission (see http://www.commonwealthfund.org) on a High Performance Health System found that the United States fell far short of benchmarks for access, quality, efficiency, and other key measures of health system performance.
Recently the U.S. scored a lowly average of 65 out of a possible 100 across 37 indicators.
The upcoming presidential election in November this year will need to place health reform as a major policy as an estimated 50 million U.S. citizens have no health insurance.
Australia is having its own health insurance problems with Prime Minister Kevin Rudd Government’s new Health Policy imperatives.
Take, for example, the doubling of the Medicare levy surcharge announced in the May 2008 Budget.
The Rudd Government has increased the threshold for payment of the one per cent tax levy for singles from $ 50,000 to $ 100,000 and for couples from $ 100,000 to $ 150,000.
This is starting to place more pressure on public hospitals as the uninsured flood in.
The flow-on impact of allowing hundreds of thousands of people to flee private health insurance as it gets more and more unaffordable to average wage Australians.
The public health system in Australia is called Medicare. It ensures free universal access to hospital treatment and subsidised out-of-hospital medical treatment. It is funded by a 1.5% tax levy.
The private health system is funded by a number of private health insurance organisations. The largest of these is Medibank Private, which is government-owned, but operates as a government business enterprise under the same regulatory regime as all other registered private health funds.
The Coalition Howard government had announced that Medibank would be privatised if it won the 2007 election, however they were defeated by the Australian Labor Party under Kevin Rudd which had already pledged that it would remain in government ownership.
Some private health insurers are ‘for profit’ enterprises, and some are non-profit organizations such as HCF Health Insurance. Some have membership restricted to particular groups, but the majority have open membership.
N.B. Most aspects of private health insurance in Australia are regulated by the Private Health Insurance Act 2007.
The day after the last Budget was delivered the Australian Federal Government confirmed Treasury’s “assumption” that about 484,000 people would dump their private cover, saving Federal outlays in the order of $ 960 million over four years in the 30 per cent private health insurance rebate but resulting in a net saving of about $ 300 million once you took into consideration the $ 660 million lost from the uninsured who paid the one per cent tax levy.
More than 25 years after the introduction of private health insurance (PHI) in developing countries, there is still no evidence that it can benefit more than a limited group of people.
In low-income countries coverage rates are generally less than 10 per cent of the population.
In countries where PHI has shown a strong growth, its contribution to universal access to health care has been insignificant or has even had an adverse impact by increasing inequalities. Many people are now seeing investment advice
In Chile, premiums were set 2.5 times higher for women than for men.
In some countries there have been more successful health schemes.
In Guatemala, the Association por Salud in the town of Barillas (population 65,000), formed in 1996, offers access to primary healthcare and hospital treatment in emergencies in return for an
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| Comelec invites bidders for supply and delivery of official ballot packaging for 2013 polls Posted: 01 Nov 2012 05:53 AM PDT Philippine News: MANILA — THE Special Bids and Awards Committee (SBAC) of the Commission on Elections (Comelec) is inviting interested bidders for the supply and delivery of official ballot packaging to be used in the May 13, 2013 National and Local Elections. Philippine News and Updates |
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