Uae Gives Assurances On Health Of President After Stroke: Agency

Sheikh Al Nahayan is on a two day state visit to England. Credit: Reuters/Andrew Winning World RIYADH (Reuters) – The United Arab Emirates (UAE) issued a reassuring message on Sunday about the health of President Sheikh Khalifa bin Zayed al-Nahayan after he had surgery following a stroke, state media in the OPEC member Gulf Arab state reported. “The crown prince of Abu Dhabi has reassured the kings and leaders of brotherly states as to the health of His Highness the president of the state, and said he is in a stable condition,” state news agency WAM reported. The agency was referring to Sheikh Mohammed bin Zayed al-Nahayan, a half brother of Sheikh Khalifa who is also deputy supreme commander of the armed forces of the UAE, a federation of seven emirates at the southern end of the Gulf. Sheikh Mohammed, 52, has for much of the past decade led negotiations on behalf of the UAE government in sectors ranging from energy and defence to investment, domestic politics and international affairs. On Saturday, state media said Sheikh Khalifa had undergone surgery after suffering a stroke and was in stable condition. Born in 1948, Sheikh Khalifa is known as a pro-Western moderniser who has ruled the UAE since the death of his father Sheikh Zayed bin Sultan al-Nahayan in 2004. He is also the ruler of oil-producing Abu Dhabi, the richest and most powerful of the UAE emirates, which also include Dubai, Sharjah, Ajman, Fujairah, Umm al-Quwain and Ras al-Khaima. Abu Dhabi, operates a sovereign wealth fund that is one of the world’s biggest investors. The UAE is an ally of the United States and has used its formidable foreign currency reserves to back the military rulers of Egypt against the Muslim Brotherhood opposition. It is a member of the Gulf Cooperation Council along with Saudi Arabia, Kuwait, Bahrain, Qatar and Oman, and has a very large expatriate population. The UAE exported around 2.6 million barrels a day of oil in 2013, official figures show.

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11 Companies Offering Health Care Benefits to Part-Time Workers

PHOTO: Pedestrians pictured outside the Trader Joes on 14th Street in in Union Squre, New York, March 17, 2006.

Employees select their benefits package through a company-wide vote every three years. Stock options are also granted to all employees once they have accumulated 6,000 service hours. Read More: Jobs With Least Stress, Best Outlook Whole Foods Market also offers “gainsharing” to part-time workers, which lets them earn monthly dividends, such as “Labor Surplus payouts” from the excess labor budget of their individual teams. Last year’s “gainsharing” sales incentive program total was $99 million while average team member payout per hour was $0.87. The average total team member payout was $2,418.49. Coffeehouse 2. Starbucks Since 1988, Starbucks, based in Seattle, has offered “a comprehensive compensation program” that recognizes and rewards employees, or “partners,” the company says. This benefits package includes “competitive” base pay, health care for eligible full and part-time partners, with an average of 20 hours per week, and equity in the company in the form of Bean Stock. Last year, Starbucks store and non-executive employees received over $234 million in pre-tax gains from Bean Stock, a spokeswoman said. Starbucks also offers a 401(k) savings plan with employer match, tuition reimbursement, short-term disability, paid vacation time, and a 30 percent in-store discount. The spokeswoman says that the premiums that employees pay are lower than those they would pay at 80 percent of other retailers. Starbucks funds approximately 70 percent of the premium costs and covers 100 percent of preventive care services, including full coverage of women’s preventive health, she said. Apparel 3. Land’s End This year, Lands’ End will hire approximately 2,000 employees to work in its call center and distribution centers, with many part-time workers receiving benefits such as the employee discount, access to the on-site medical clinic and use of the on-site fitness center and child care center. Lands’ End, based in Dodgeville, Wis., was acquired by Sears Holdings in 2002.

continue reading this http://abcnews.go.com/Business/top-11-companies-offering-health-care-benefits-perks/story?id=21625982

Unhealthy health insurance system

People are now more prone to developing various kinds of diseases including cancer and tend to spend all their money on receiving medical treatment. Many people are facing poverty because of sickness or disease. Mongolians have been losing their faith in the low quality medical services that are provided at high costs by hospitals. The more able people have been travelling to affordable hospitals for prevention and early diagnosis. In 2013, Mongolia spent three percent of its GDP on the health care industry. For a country with a per capita income lower than the international average, the three percent of GDP that we currently spend on health care is regarded as low when compared to the five percent recommended by the World Health Organization. However, this estimate does not take into account the money expended on buying medicine and dozens of millions of USD paid to foreign hospitals by Mongolian citizens. The health industry has three major components: health care providers (hospitals), their financing, and health policy and management. As the health insurance law is currently being discussed, let us analyze the financing of Mongolias health care industry and have a closer look at some ideas proposed to improve it. HEALTH FINANCING On an international level, health care financing consists of five sources: taxes, social health insurance, private healthcare insurance, out-of-pocket expenditures and external aid. In 2011, two-thirds of public health financing was comprised of public funds, 20 percent by the Health Insurance Fund and the rest by out-of-pocket expenditure. In order to estimate a total for annual health care costs, private health care financing (by the private sector) and the amount of money paid to foreign hospitals by Mongolian citizens should be taken into account. If calculated in this method, we will see that Mongolias annual health care expenditure is actually higher than five percent of the GDP. The public budget provides financing for the inputs necessary for the functioning of health service providers. In other words, operational cost of hospitals, including the wages of workers, heat and power are covered by the public budget. This mechanism is called input-based financing, which comprises 80 percent of Mongolias health care financing.

read the article http://ubpost.mongolnews.mn/?p=7689

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