Write 2-3 paragraphs in response to the following: As healthcare administration

Question

Write 2-3 paragraphs in response to the following: As healthcare administration position:
• Are you taking advantage of all the benefits that are available to you? • If you were to change jobs, what benefits would you look for in a new position? • Are you taking advantage of all the benefits that are available to you? • If you were to change jobs, what benefits would you look for in a new position? Often benefits can be more important to an employee than the achual compensaltion Cleardy, changes in health care benefts are on the horizon for many employers because President Obama received approval for his new health plan By ar, medical insurance has become the most expensive benelst now offered by employers While landmark health care reform as passed by the House of Representatives on March 21, 2010, wil affect how all businesses provide and adinister ealth care benefits to ther employees, the impact wbeteit diferently depen ing on the company's size. Strictly speaking, the reform measure wil not require employers to provide health care benefts to their workers. However, many companies with 50 or more employees that don't offer health care coverage to their stafs will be subject to a tax penality of $2,000 for every fultime worker. A company's frst 30 workers would not count toward the penalty, but the assessment could be a sizable one. The reform measure shouldn't have a huge impact on large businesses that already provide health benefits, sources familiar with the sue say And busnesses w h fewer than 50 employees will be exempt from the penalty. These changes wil take effect on Jan. 1. 2014; the final rules could be changed by a reconailiation bia nat must be approved by the Senane. Fringe Benefits Besides medical, Ite and disability insurance, and retirement benef its, an employer may ofer other fringe benefits as well. Below are just a few of the more common ones Tuition Assistance Program (TAP) TAPs generally cover wok-elated education that will alow an employee to advance her skis in her curment field. For example, a TAP would help a medical assistant with payments for a health care administration degree, but most lkely not with a psychology or education degree Flexible medical and dependent-care spending accounts-These accounts help an employee set aside a part of their income tax-free to help pay for medical expenses thatl arent covered by insurance and andior care for a child or other dependent Domestic Partner Benefits-These benefits usualy only extend to health care insurance for an employee's unmarried partner whether of the same or opposite gender Flexible Scheduling-Many employers are penmiting work eams to ex their schedules to help achieve a better work/ie balance. That can mean starting the workday early and leaving early, or starting late and leaving late On-site child care facilities-One of the primary reasons for worker absentee sm stems from gitches in day care. By providing quality day-care on-site, an employer can minimize those child care dilemmas Pet-friendly offices Alowing staff to bring their dogs to work can be a huge compesitive advantage for employers, so much so that most dog owners would work longer or even take a pay cut they could share te o ce their pets. According to Dogster, companies that welcome dogs tend to be tech giants such as Apple, Amazon, Autodesk and Google But general, smal firms with fewer than 50 employees emerged as the most pet-tiendy with Calfornia having the lion's share of such companies Paid Time Off-How much paid ime off an employee is given for holidays vacation, and sick leave make a bg dnerence An employer wh. requires the use of a "vacation" day to cover a bout of the stomach fu or to tend to a plumbing disaster is generaly looked upon less favorably than those who provide some sick and personal days each year Besides these fringe benefts, companies often can offer its employees benefts hat are unique to that company For example, Southwest employees can often y free on standby (or next to free), Bayer employees can buy Bayer aspirin at a discount, and ESPN reporters get free Sckets to some sporting events Whatever the benelft the company offers it in order to build a better workfarce with happier and assumedty more productive employees.

Explanation / Answer

Benefits are one of the most important consideration when people join a particular job. It brings motivation to the work and people come up with better performance and show lower turnover ratio. It is also applied to the profile of Healthcare administration and I also avail some of the benefits on offer. The first benefit, what is prefer is the flexible, medical and dependent care account that helps to save tax free income for those benefits that are not covered by the plans offered by the organization. The second benefit is the flexible time of work. It helps me to be objective oriented while making a balance between the work and the personal life. The third benefit is the paid time off. I want to avail the holidays, but I don’t want the deduction in the salary so I take the benefits offered by my organization and save the earning while on leave. Besides, I also avail the health insurance benefits for myself, my family and dependent people to take care of them. These benefits bring me a security in terms of health care as well as the freedom to work as per my own timing while meeting the organizational objective.
I may change the job and I will consider the benefits on offer by the prospective employer, but most important aspects are the profile and the work culture of the organization. If the job profile is good and work culture is innovative then other benefits follow automatically. Hence, for the some of fringe benefits, jobs are not changed. Rather a superior profile, and better position in a better company are the primary reasons for the change.

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