New Zealand Introduced A Tax Based Financing Health Care...

New Zealand introduced a tax-based financing health care system in 1947 (Cumming et al, 2013) and Singapore had a similar system after its independence in 1965 (Haseltine, 2013). Due to the increasing pressure on public spending in financing health care, both countries have introduced health care reforms since the 1970s to ease the pressure (Li, 2006). New Zealand has experienced a series of reforms which represented a major restructuring of the health system. The reforms have led to the creation of a devolved health care system that uses available health care resources efficiently (Cumming et al, 2013). In contrast, the Singaporean government overhauled the whole system by removing the tax-based financing system and adopted the medical savings account system called the Medisave in 1984 (Haseltine, 2013). Under the Medisave system, health care is mainly funded by private financing, which requires each person to make savings in an individual account just for health care spending. In both countries, health related policies are formulated by the Ministry of Health. It also supports the government in setting the health policy agenda, service requirements for the health system, and the annual publicly funded health budget. In New Zealand, the National Health Board has been established to provide advises to the Minister of Health and its responsibilities are for funding, monitoring and planning of the District Health Boards, stronger alignment of services, and supporting theShow MoreRelatedComvita4918 Words   |  20 PagesAccounting Report- Jessica Miller Prepare a report for an external user that interprets the annual report of a New Zealand reporting entity. 91407 By: J. Miller To: Lydia Paper: Accounting 91407, Annual report review Executive summary This report is prepared for Lydia who is considering purchasing shares in Comvita. The report aims to provide analysis of Comvita’s annual report and the viability of investingRead MoreThe Neoliberal Mind Set Shaping Health Care Reform Essay2211 Words   |  9 Pagescontext of globalization, health care reform is occurring around the world. This paper explores the neoliberal mind set shaping health care reform in the UK, Canada, United States, Australia and New Zealand. Neoliberalism is comprised of three principles: individualism, free market via privatization and deregulation, and decentralization. After describing the nature of a health care system that is shaped by those embracing this mind set, an alternative approach is introduced that could bring dignityRead MoreBlackmores Corporate Financial Analysis6089 Words   |  25 Pagesï » ¿1. Executive Summary Blackmores Ltd is one of the leading contenders in the Health Care sector. The company specialises in a range of products including herbal and vitamin supplements. The company has a major share in the Australian and New Zeeland’s market generating almost 85% of the revenue from this region. Blackmore’s capital structure has been analysed as requested by the Board of directors to assist them in optimizing the company’s current capital structure. Firstly, the report analyses andRead MoreDoing Business in the Asia/Pacific Rim Region31325 Words   |  126 Pages123 Pitt Street, GPO Box 119 Sydney, New South Wales DX 233 Australia +(61-2) 9390-8000 PHONE +(61-2) 9390-8390 FAX www.holmanwebb.com.au Contact Attorney: D’Arcy Kelly dak@holmanwebb.com.au CHINA (SHANGHAI) Lily Fenn Partners Martin Hun Partners 19/F, Yongda International Tower 2277 Longyang Road Shanghai 201204, P. R. China +86 21 5010-1666 PHONE +86 21 5010-1222 FAX www.mhplawyer.com Contact Attorney: Martin Hu martin.hu@mhplawyer.com NEW ZEALAND Room D, 32/F. Lippo Centre, TowerRead MoreRisk Pooling in Health Care Finance18578 Words   |  75 PagesRisk Pooling in Health Care Finance Peter C. Smith and Sophie N. Witter Centre for Health Economics University of York York YO10 5DD United Kingdom Report prepared for the World Bank Workshop Resource Allocation and Purchasing in Health: Value for Money, Reaching the Poor World Bank, Washington DC, May 14-15 2001 Revised November 2001 Phone Fax E-mail + 44 1904 433779 + 44 1904 433759 pcs1@york.ac.uk Acknowledgements The authors would like to thank Jack Langenbrunner, MaureenRead MoreAussie Pooch Mobile 16986 Words   |  28 Pagesnumber of other Australian cities, dogs of all shapes and sizes were being washed and groomed by Aussie Pooch Mobile franchisees. By early 2002, the company had grown to over 100 franchisees and claimed to be Australias largest mobile dog wash and care company/ A key issue facing its managing director, Christine Taylor, and members of the management team was how to plan and shape future expansion. washed and groomed the animals at home and then returned them. Once Taylor had learned to driveRead MoreAustralia’s Banking Industry31559 Words   |  127 Pagesrecommendation or statement of opinion intended to influence a person in making an investment decision. The information is made available on the strict understanding that the Australian Trade Commission (Austrade) is not providing professional advice. While all care has been taken in the preparation of this publication, Austrade expressly denies liability for any loss or damage of any nature (including but not limited to any errors or omissions) arising out of or connected with reliance on the contents of thisRead MoreGeneral Electric Financial Reporting Analysis3933 Words   |  16 Pages1892, creating the General Electric Company. During this period General Electric’s main offerings included lighting, transportation, industrial products, power transmission, and medical equipment (General History). The first GE appliances were introduced in the late 1890’s with the electric fan and expanded to a full line of heating and cooking devices in 1907. GE Aircraft Engines began in 1917 when the U.S. government began its search for a company to develop the first airplane engine â€Å"booster†Read MoreAnz Bank142091 Words   |  569 Pages2014 ANNUAL REPORT Australia and New Zealand Banking Group Limited ABN 11 005 357 522 This Annual Report (Report) has been prepared for Australia and New Zealand Banking Group Limited (â€Å"the Company†) together with its subsidiaries which are variously described as: †ANZ†, â€Å"Group†, â€Å"ANZ Group†, â€Å"the Bank†, â€Å"us†, â€Å"we† or â€Å"our†. ANZ ANNUAL REPORT 2014 ANZ IS EXECUTING A FOCUSED STRATEGY TO BUILD THE BEST CONNECTED, MOST RESPECTED BANK ACROSS THE ASIA PACIFIC REGION WHO WE ARE AND HOWRead MoreFinancial Analysis of General Electric98175 Words   |  393 Pagesand build things that matter = A world that works better LETTER TO SHAREOWNERS Culture is the foundation for any successful enterprise, and ours inspires our people to improve every day. It is why GE Works. It starts by being â€Å"mission-based.† We have a relentless drive to invent things that matter: innovations that build, power, move and help cure the world. We make things that very few in the world can, but that everyone needs. This is a source of pride. To our employees and customers