Prescription Health Care Costs and its Effects on the Elderly Essay

Prescription Health Care Costs and its Effects on the Elderly - Essay Example ribed in case of the elderly and the price are these drugs are more compared to the older drugs thus adding additional burden on the elderly (Berndt et al, 1998). However, those who rely on a fixed income are vulnerable towards price inflation of prescription drugs due to which they either skip doses or at times even forgo the prescriptions which can have an adverse affect o their health (Berndt et al, 1998; Safran et al, 2005). According to a national survey report on prescription drug adherence by the elderly more than one-quarter of elderly did not adhere to the prescription due to the associated high costs. The non adherence was more prominent among those without drug coverage, low-income groups and those with complex chronic illnesses (Safran et al, 2005). The introduction of public health insurance programs such as Medicare and Medicaid and private-employer insurance programs has not seen a significant reduction in prescription drug adherence by the elderly. These programs cove r only partial medical services for the elderly and do not cover the costs of outpatient prescription drugs (Safran et al, 2005; U. S. Healthcare, 2010; The cost of Prescription Drugs, 2001; Shang & Goldman, 2007). This coupled with the rising inflation and global economic recession in the recent years has only laid excess strain on healthcare expenditure due to which the costs have outweighed the benefits (U. S. Healthcare, 2010). The increase in the costs of prescription drugs has been mainly associated with the emergence of expensive state-of-the-art technology in drug production and for the development of such high-end drugs the costs will have to be shared with the consumer. Factors such as larger prevalence of chronic and long-term illness coupled with longer life spans have increased the demand for such drugs. Additionally population ageing and administrative costs also add up to the health care costs (U. S. Healthcare, 2010). Public health insurance programs such as Medicare

Culture, Behaviour and Management in field of Construction Project Essay

Culture, Behaviour and Management in field of Construction Project Management - Essay Example The potential effectiveness of these ideologies is tested through the London Olympics 2012 construction projects. It is proved that such ideologies can be effective in the construction industry but only the terms that they are appropriately supported in all their aspects. 1. Introduction In the last decade, the rapid expansion of globalisation in countries worldwide has caused a series of changes in traditional organizational practices and frameworks. It is in the context of this trend that the recent credit crisis appeared. The specific crisis has been related to a series of mind-sets and ideologies. In this way, the management of the effects of the credit crisis is not an issue of organizational practices but rather of ideologies and behaviour. The role of mind-sets and ideologies in the development of the recent credit crisis is examined in this paper; emphasis is given on the potential use of these mind-sets for handling the effects of the crisis on the UK construction industry. The construction projects of the London Olympics 2012 are used as indicative examples for highlighting the potential value of mind-sets in handling problems related to the financial crisis – especially cultural and behavioural problems. ... It is recommended that project managers involved in the particular construction projects – those related to London Olympics 2012 – emphasize more on the use of mind-sets for resolving the cultural and behavioural problems of these projects. At the next level, these practices could benefit the construction projects developed in markets with different characteristics, such as the Thai market. 2. An explanation of the recent ‘credit crisis’ taking the perspective of ‘ideologies and mindsets’ to account for the phenomenon. The recent credit crisis proved the inability of leaders in organizations of all industries to take the necessary measures for increasing the strength of their firm towards the market pressures. As noted in the study of Dotlich et al. (2009) in order to be able to face the developments in the global market, modern leaders should ‘develop four mind-sets: a) a global mind-set, b) an innovation mind-set, c) a virtual mind-set and d) a collaborative mind-set’ (Dotlich et al. 2009, p.36). The above mind-sets could be further explained as follows: a) the first (global) mind-set would help leaders to understand the conditions in the global market and set the appropriate strategic priorities, aiming to help their firm improve its position in the international market, b) the innovation mind-set would refer to leaders who are able to identify and promote creative ideas; these ideas could help organizations to increase their competitiveness or, at least, to avoid major losses in periods of severe crises, like the recent one, c) the virtual mind-set refers to leaders who are able to communicate effectively with external providers established in other countries worldwide (Dotlich et al. 2009, p.36), d) the collaborative mind-set reflects the leader