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The pharmaceutical market by 2020 is expected to more than double to the US $1.3 trillion dollars. Brazil, China, India, Indonesia, Mexico, Russia and Turkey(E7) will account for one fifth of the global pharmaceutical sales. Chronic conditions in these developing countries will increase. It is predicted by 2020 the E7 will have a larger economies than the G7 countries. The G7 countries are the United States, Canada, Great Britain, Japan, Germany, France and Italy.

By 2020 the global markets will need to make changes in order to operate efficiently. With growth coming forth they cannot afford to operate in the old. New and improved business models will need to be implemented and the focus of health care will change. In the near future pharmaceutical companies will have health care packages. The direct distribution to wholesalers will be diminished.

In recent years the pharmaceutical industry has faced major turmoil. There has been revenue losses as patents has expired on blockbuster drugs and a flood of mergers and acquisitions has become disappointing. For several years there has been a decline in employment.

When addressing health issues the development of new medicine can act as an inhibitor to generalized solution. There are three stages for the development of medical technology beginning with the science phase, then product development phase, and ending with acceptance. During the first phase, significant amounts of science based research is performed that eventually comes together into the establishment of an idea for new treatment, medical device, or medical equipment. However, depending on the idea to be developed, it can take several years in some instances even generation to put the visualized concept into motion. Monetary funding is necessary for the carrying out of the scientific research needed for the manufacture of a new drug. The National Institutes of Health is a government agency with the aim of aid in the expansion and growth of enormous basic science research schemes. Throughout the years since its formation following the end of WWII; the NIH has provided millions of dollars for the organization of research facilities, institutions, in addition to academic centers. The NIH has been key sponsor for research furthermore; it will continue encompass an influence en route for future researches.

The second phase reflects the turning of the scientific ideas in to deliverable technology. This is also known as the developmental phase. During this stage three important questions must be answered in order to proceed with the actual development of the product. First question being what is the need of the product? There must be a market for the product, hence addressing its need. The second question is can a product be developed for what the science suggested? The final question answers inquiries regarding outcomes of necessary clinical trials and tests. These series of evaluations obligations is to gain acceptance required for important regulatory approvals. If this prerequisite is not meet, then product cannot be disbursed.

The third stage is developmental process which emphasizes taking the scientific initiative transforming into it an accepted product for diffusion. Under this phase, clinical trials are carried out by reputable clinicians using the most accepted research methodologies. Acceptance is imperative because without it all forward movement will come to a halt, therefore leading to the disapproval of product making.

Just as the United States has an international influence on many other countries, other countries healthcare system seems to have impact on ours. When looking back at the pandemic that occurred in 2009 with the Swine flu. This flu rapidly spread from Mexico through America and over to some of the European countries. The World Health Organization (WHO) was responsible for spotting this outbreak through its regional alliances and the global surveillance. The WHO regional office located in Washington, D.C., monitors for outbreaks throughout North America and South America. This shows how the United States Healthcare system contributes to the wellbeing of people at the international level. Furthermore as an active member of the WHO; the United States also contributes monetary funding to countries in need which adds to our contribution at the global scale. The pandemic outbreak of the Swine flu is a prime example of how healthcare at the international level will impact the United States healthcare system. This event further signifies the importance of our awareness and participation in the global community.

Research has shown that prescription drug prices in the United States are the higher than anyplace in the world. Citizen in the United States pay much more for prescription drugs than any other country. The pharmaceutical industry is the most profitable businesses in the U.S. and has a return revenue of 17%. In 2003 pharmaceuticals national expenditures accounted for 12.9% of the total health care costs, compared to an OECD average of 17.7%.

In the United States, the developing of a new drug is high but the cost of manufacturing is low. When drug prices are high this allows the pharmaceutical industry to invent a disproportionately high share of all drugs. Clinical trials can cost millions and can add up to billions with the combined cost of manufacturing and clinical testing. Although the United States comprises only 5% of the world’s population, it accounts for 36% of worldwide research and development of pharmaceutical drugs. Pharmaceutical companies argue that the prices they set are necessary in order to continue to fund research. 11% of drug candidates that enter clinical trials are successful and receive approval for sale. Critics of pharmaceutical companies point out that only a small portion of the drug companies’ expenditures are used for research and development, with the majority of their money being spent in the areas of marketing and administration.

Brand name drugs in the United States are significantly higher than in Canada, India, the UK and other countries. Other countries have price controls but the United States does not. Canada generic drugs are much higher. Since brand-name drugs in Canada is cheaper Americans spend billions of dollars purchasing from Canadian pharmacies per year.

Drug companies in Canada have a cap or a ceiling on the amount that can be sold to drug companies and other distributors. This cap is controlled by the Canadian government. Throughout Canada this cap causes a five percent reduction in the wholesale cost of medication for most organizations. Canadian drugstores pay less for their medications so they can sell their medicine for less. Drug company’s liability costs are lower in Canada than in the United States. Canadians do not sue healthcare provides as much as Americans do and if they do their damages are a lot lower than the United States.

The United States healthcare system has undergone several trends and changes throughout twentieth century. These trends range from the rapid growth of health professionals to the decline of some their occupations as well. One of the developing issues within our healthcare system is the increasing shortage of physicians. There are many reason for the future shortcoming of physicians, however I will only focus on three motives.

The first reason for the growing shortage of physicians is the loss of autonomy. Manage care organizations is becoming more involved with the delivery of healthcare to patients and its more restrictive elements has been having a direct impact with the limit of choice for both patient and physician. Medicine’s distaste of tightly controlled reimbursement and of non-physicians’ attempts to control their work fuel much of this back lash (Lesser, Ginsburg, & Denvers, 2003). As a result, the loss of autonomy add to issue of the growing shortage amongst physicians.

Another reason for the shortage is due to the rapid growth of the United States population because of immigration. Since the mid twentieth century immigration has dramatically increased so that almost one-third of the U.S. population growth in the decade of 1990- 1999 was due to net legal migration (Philip & Midgley, 2006). This increase affects the demand of physicians by the balancing of supply and demand. As the population increases the need for physicians in addition to other healthcare professionals will increase as well. Consequently, this effect leads to the dilemma of physician shortages.

The last reason I will argue for the scarcity of physicians is the increasing of the elderly population. Within the general increase in the US population, there exists the ever-increasing life span of Americans, with their attendant levels of chronic conditions (Williams/ Torrens, 2010Ed, p. 270) In 2000, 12.4percent of the US population was 65 years of age or older, by the 2050 it is projected that more than 20 percent of the US population will be of the senior citizens group. With these projections approaching in the future, the need for physician’s services will be in demand. This also stimulates the effect of inadequate amounts of physicians.

Lately some physicians have being feeling unhappy because they feel overworked and under supported. They feel like doing their best is not good enough for some patients. Doctors have been faced with many malpractice lawsuits which have caused insurance prices to rise. Distraught families members are not blaming God any more they are blaming the doctor for the death or disability of their love ones. Of course there are doctors who are the blame for some deaths but not all. There are other physicians who are careful and caring but still find themselves fighting legal battles to keep their practice going. One mistake can cost a facility millions of dollars.

There are some doctors who are not heartless and they do their job with respect and dignity. Our society expectation today is sometime too much for doctors to bear and in all reality no one is perfect. I think that maybe every six months or a year a team of doctors should get together and discuss things that have happened in their offices or their place of practice. Their concern should be number one how to cope with the issues that are at hand and how to make thing right. Rather it’s about death or a disability they should try to find what went wrong and why. So that the next time they are faced with the same problem they will not make the same mistake. While attending this meeting they should come up with strategies to help with their daily routine in ensuring that they are prescribing and administering the right meds. It can also be group therapy for them because they will have a chance to talk about what and how they are feeling. Talking about things that has happened in your life will sometime ease the pain that you are feeling. So hopefully they will walk away with some relief. They should also attend seminars and workshop to learn about new treatments and new medicine that is on the market.

Health policy is defined as the decisions, plans, and actions that are used to achieve specific health care goals within a society. There are many categories of health policies, including personal health care policy, pharmaceutical policy, and policies related to public health such as vaccination policy, tobacco control policy or breastfeeding promotion policy. These policy are used to help make our society to stay healthy.

Throughout the existence of the US healthcare system changes has been made to face different trends and issue as they occur. The public health sector is one of those areas that as manifest in many areas serving many roles in our healthcare system. One role that public health professionals contribute to is disease preventive and health promotion. Public health professionals’ primary concerns deal with protecting the health of the entire population. These populations can be as small as a local neighborhood, or as big as an entire country. An example of this is immunizations. As it relates to disease prevention and health promotions this roles of public health professional aims is to keeping the public healthy before disease take effect on the public population. Therefore by prompting immunizations aids insuring the public remains in a health state before an outbreak can occur.

A different role of public health is environmental health. Environmental takes into account the air we breathe, the water we drink, and the interactions between human genetics as it all relates to our surroundings. This awareness assists public health professionals in the data collection process which can be used to show how natural environments influence our health and how we can reduce risk factors. These environmental risk factors can cause diseases such as asthma, cancer, and food poisoning. Specialists from chemistry, toxicology, engineering, and other disciplines combine their expertise to answer these important questions. Environmental health studies have a critical role by viewing how our surroundings can have impact on our health.

Lastly, one of the newer roles for public health professional resides in bioterrorism surveillance and prevention. Since the event of September 11, 2001, the public health professionals have been called on to develop systems of detection of potential bioterrorism events. This includes the releasing of biological and chemical agents into a many different environmental settings. This change illustrates how the public health field is always changing in additions to demonstrating how the US healthcare system evolves to combat the occurrence of new trend health issues and patterns.

There were several significant developments that occurred throughout my assignments. I was an executive of my very own facility and the prime minster of an island. I decided what services that I wanted to provide for my facility and on my island. I realized that is the role that our government play in our lives. They control how are health care plans are rendered. We have a choice in how much coverage we need but no control over high prices. There are guidelines that has to be followed and sometime those guidelines leave people without adequate care. Hopefully our new health care reform will help to care for citizens who are not able to pay for health care.

I have a better understanding of how the health care system work and how the government has control of our society. My assignments has helped me to look at different types of insurance plans in which before this class, I never really understand some key points that I needed to know. It also taught me that there should be some changes made in our society. I’ve learned that people with mental disabilities sometime their disability goes unnoticed. Diagnosing and finding the right treatment for them could take long time. In the meantime that person is still suffering. Better policy should be in place so they people with mental disabilities can be accommodated more. I know that it takes more than a doctor to help people with a mental illness. Family members play a key part in their wellbeing. If would help if family members at the early stages of a change in a person behavior would start to get a love one some help. Sometime mental illness goes unnoticed. It can start at young age and some people don’t get diagnose until they become an adult. I’ve learned that mental illness is costly and our government don’t fiancé their health care like they should. I do know that our country spend more money on health care than any other country but we still fall short in some areas.

The next time that I have to select a insurance plan, I will look at it more in depth to ensure that I will get the best policy that will suit my needs. I will look at how much deductible that I will have to pay and what is covered in my plan. Health care is such a broad spectrum and was hard for me to understand. Before I would take my medicine as the doctor prescribed it and not read the information that comes with it. I have since started reading the literature about my meds.

Clinical trials and testing was an interesting topic for me also. I learned that before a medicine is put on the market it has to go through a series of testing. Testing goes on in the lab and the consumers have a chance to participate in doing a study. Health care in depth and is a very expensive market.

References

Williams, Stephen J/Torrens, Paul R. (2010). Introduction to Health Service (Custom Ed.) New York: Cengage Delmar Learning

Barsukiewicz, Camille K. PhD, Raffel, Marshall W. PhD, & Raffel, Norma K. PhD. (2010). The U.S. Health System. Origins and Functions (Sixth Ed) New York: Cengage Learning

Economics Break Even and Shut Down Analysis

Break Even and Shut Down Analysis

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A firm currently uses 50,000 workers to produce 200,000 units of output per day. The daily wage per worker is $80, and the price of the firm’s output is $25. The cost of other variable inputs is $400,000 per day. Assume that total fixed cost equals $1,000,000. Calculate the values for the following four formulas:Total Variable Cost = (Number of Workers x Worker’s Daily Wage) + Other Variable Costs

TVC= (50,000 x 80) + 400,000

TVC= $[4,000,000 + 400,000]

TVC = $4,400,000Average Variable Cost = Total Variable Cost / Units of Output per Day

AVC= TVC/Q

But Q = 200,000

AVC = $(4,400,000/200,000)

AVC = $22.0Average Total Cost = (Total Variable Cost +Total Fixed Cost) / Units of Output per Day

ATC = (TVC + TFC)/Q

ATC = $(4,400,000 + 1,000,000)/200,000

ATC = $27Worker Productivity = Units of Output per Day / Number of Workers 

WP = Q/L where Q = 200,000 and L = 50,000

WP = 200,000/50,000

WP = 4

Complete the Following: Calculate the firm’s profit or loss

Total Revenue – Total Costs = Profit

Profitability = TR-TC

But TR = PxQ while TC = TFC + TVC

TC = $5,400,000; TR = $(200,000×25) = TR = $5,000,000

Profit = $(5,000,000 – 5,400,000) = -$400,000

Hence, Loss = $400,000

Shut-down Analysis

Compare the firm’s output price and the calculated average variable cost and average total cost. Should the firm shut down immediately when the total fixed cost equals $1,000,000?

At TFC = $1,000,000, the firm is running at a loss since TC>TR, representing a loss of $400,000.

The Price, P = $25, Average Variable Costs (AVC) = $22.0

Since P > AVC (that is $25 >$22), the firm should therefore should not immediately shutdown, instead, it should continue to produce at this level of fixed costs.

With production the loss is $400,000

Or Fixed Costs minus (P-AVC)*Q = $1,000,000 – $600,000 = -$400,000

Without production or shutdown the loss is $1,000,000.

Since the shutdown loss is even more than the production loss ($1,000,000>$400,000), the firm should better produce at this level of fixed costs as opposed to shutting down (Froeb, 2014).

Break-Even Analysis

If the firm can operate at a loss in the short run, how many employees need to be laid off for the company to break even? (Assume that after layoffs, the remaining workers maintain output at 200,000 units per day.)

Break-even price: Pbe = ATCmin = $27

Break-even price: Pbe =Average Total Costmin,

Pbe= $27

Workers productivityOutput / number of workers = 200000 / 50000 = 4 units per dayTotal costs – $5.4 M 1M Fixed costat break even, TR = $5M = TCDecrease my total cost by $400,000Decreased in Workers = Decrease in TC/wage rate = $400,000 / $80 = 5000Labor force = 50,000 – 5,000 = 45000 workers

The company therefore will have to lay-off 5,000 workers, leaving 45,000 workers to produce the same quantity of output. Given a lower number of employees now working at the company, what is the change in worker productivity? 

Workers Productivity = 200000/45000= 4.44 unit per dayDecrease our TC by $2.4 MTVC with 50000 is $4.4 M$2,000,000 is cost$2,000,000/ $80 = 2500025000 workers to produce 200,000Workers productivity = 200,000/25,000TC = $7.4 MLoss of 2.4MDecrease my work for by 2.4M2.4M/ $80 = 30000Workers productivity has to change200000/20000 = 10 units per dayIt is not possible, cant fire enough people when you have a fixed cost at 3million to assure productivity.The change of workers is too largeNo shut down

Revenue and Cost Table

Cost/Revenue Amount ($)

Total Revenue $5,000,000

Fixed Costs $1,000,000

Variable Costs $4,400,000

Total Costs $5,400,000

Average Total Cost (ATC)  $27.00

Average Variable Cost (AVC) $22.00

References

Froeb, L. M. (2014). Managerial Economics: A Problem Solving Approach. Australia: South-Western Cengage Learning.

Froeb, L. M., & McCann, B. T. (2010). Managerial Economics: A Problem Solving Approach. Mason, OH: South-Western Cengage Learning.

Trivedi, M. L. (2002). Managerial Economics: Theory And Applications. New Delhi: McGraw-Hill.

Analysis of a historical occurrence in the western world from 1500 C.E

History:

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Introduction

The reformation is described as the protest that resulted in the change of the policies in the Catholic Church. The Catholic Church was the most authoritative religious body in that it controlled a majority of the countries in the western world. The church used its authority to benefit the individual needs of the members of the clergy. This placed the society at their mercy due to the fact that they had to pay for the services of the members of the church. One of the reasons for the corrupt nature of the church was the ignorance of the society. Martin Luther was dissatisfied with the conduct of the church making him react to this situation. Most of the complaints he had made were ruled out as lack of respect for the church. Luther reacted to the hostility of the church by compiling the 95 theses that condemned the actions of the church towards society. This in turn sparked the beginning of the reformation making it one of the most significant events in the 16th century. The reformation of the Catholic Church changed the dynamics of the church’s relationship with society. It further resulted in the creation of different Christian denominations present today. The reformation continues to affect the activities of the different denominations. The events are essential in the lives of all Christians who place emphasis on following the church for guidance. Despite the number hardships that people during this era experienced due to the revolution. The present society stood to gain from the events during this period (Whitford, 2008).

The focus of this paper is to provide an analysis of a historical occurrence in the western world from 1500 C.E. The paper focuses on the reformation which is responsible for shaping the present events in the religious society. The investigation is significant due to the effects of the reformation of the Catholic Church on the rest of the world as a whole.

The catholic reformation is one of the monumental events of the 16th century. Most of the occurrences took place from 1500-1600 changing the dynamics in the Catholic Church. The Catholic Church was the largest denomination during this period. The church had a lot of authority in concerning the governments in the western civilizations. The church was centered in the Rome Italy which was the head of all things catholic. The leaders of the church were well respected due to their position and respective authority. The church began to receive a number of complaints due to the conduct of some of its members. One of the concerns that the people had was the loss of direction of the church in regard to the religion. The church was not respectful of their authority in that they used to obtain material gains. All these actions triggered a number of oppositions from members of the clergy causing a division in the church. The protests became evident when Martin Luther wrote the 95 theses and pinned it on the wall of the church. This led to the official split of the church into the Catholic Church and the Protestant Church (Thomsett, 2010).

A number of reasons have been linked to the cause of the reformation of the church. The members of the clergy were considered divine by the rest of the society. They could do no wrong due to their status. This gave them jurisdiction to act in their best interest and avoid punishment from higher authority. During this period, the society was deeply religious in that most of their cultural aspects were reflective of the religion. In order to achieve a certain level of prosperity, the community had to seek approval from the church. The church took advantage of the vulnerable state of the society by charging them for all the services provided. This put a strain on the community who in turn had to show their appreciation with material goods (Patrick, 2007).

The main cause of the reformation is however credited to the actions of Martin Luther’s writing of the 95 theses. Martin Luther was an active member of the community in terms of religion. He dedicated the most part of his life studying the contents of the Bible causing him to create an analysis alternative to that of the church. This gave him the authority to make a judgment on the actions of some of the church members. He voiced a number of complaints that fell on deaf ears. The reaction of the church frustrated Martin Luther making him write the 95 theses in protest. The theses contained a number of actions the church had performed. These auctions contradicted the teachings of the Bible further tarnishing the reputation of the church. His writings disputed a number of actions giving reference to the interpretation of the Bible. This in turn educated the rest of the members about the social ills of the catholic causing the community to question the activities of the church (Whitford, 2008).

The reformation resulted in a number of factors that changed the dynamics of the Catholic Church influence in society. One of the immediate effects of the reformation was the persecution of followers of martin Luther. Luther’s activates were a threat to the growth and reputation of the Catholic Church. His actions created awareness amongst the society changing their opinions of the church. The church thus ousted him from the community so as to reduce the impact of the revolution. Martin Luther used this time to interpret the Bible into different dialects so as to exposes the atrocities of the church. The church also conducted a number of persecutions on people who swore allegiance to Luther. This further exposed their inhuman activities making the community form a different perception of the church as a whole (Saji, 2005).

The reformation led to the split of the church into different denominations. Martin Luther formed his own church leading to the creation of the Protestant Church. The Protestant Church acted as a form of protest against the autocracy of the Catholic Church. Followers were encouraged to have direct contact with God as opposed to the Catholic Church. The church was intended to restore the dignity that the church was accustomed. This improved the reputation of the church in regard to its authority in society. The reformation led to further changes both inside and outside the church. One of the significant changes was seen in the counter formation of the Catholic Church. The church lost a number of followers due to the creation of the Protestant Churches. They thus had to review a majority of their policies so as to eradicate the corruption associated with the church. The church rid itself of some of the influential members of the church involved questionable activities (Norton, 2004).

The events that took place during this time played a significant role in the position of the Catholic Church. The reformation was marked by the split of the church into different denominations. This caused a lot of controversy in Rome and other influential cities that had embraced the Catholic Church. The church is essential for maintaining the moral standards of the community. The fact that the church took advantage of the ignorance of its members to pursue individual needs exposed the church in a negative light. The reformation of the church led to the enlightenment of the society in all aspects of life. The church reduced its political influence in the government making members concentrate on religious factors. The reformation also created provision for the rise of alternative denominations. This created more competition between different churches. The reformation is meant to purify the church and principals it stands for. This however acted as an avenue for different countries and leaders to manipulate the church for their personal gain. One of the examples was displayed by King Henry the eighth who used his authority to change the laws in his kingdom. His actions led to the creation of the Anglican Church that separated the United Kingdom from the authority of the Catholic Church in Rome (McGrath, 2012).

The occurrence of the reformation is a pivotal part of the history of religion. Religion plays an essential role in the present society. The events that took place in the 16th century continue to affect current society. The Catholic Church is one of the most influential churches in the western world. The church determined most of the leaders in the political world. This is one of the reasons for the separation of the church and the state in the United States. The reformation is thus responsible for shaping the present arrangement of the church. It also gets credit for the determination of the policies in a majority of the countries References (Linder, 2008).

Conclusion

History is a significant aspect in the life of any individual. The events that occurred more than a century continue to affect the modern society. The reformation is one of the direct results of the renaissance period in Western Europe. Most of the history studied overlooks the events that took place before 1500C.E. The reformation is one of the events that represent historical aspects during this time. The paper covers the reformation by providing an analysis of the activities that resulted in the occurrence. The reformation is responsible for shaping the dynamics of the Christian faith as a whole. The revolts against the church created alternative churches reflective of the societies present at the time. The study of the reformation is thus ideal in that explores the lifestyle in the 16th century and the key players during this period. Martin Luther is thus recognized for his role in the reformation and matters of religion. The reformation brought about effects that continue to affect the church both positively and negatively. The paper gives an analysis that makes a reader form their own opinion of historical aspects during this time. The reformation continues to influence the present society that we live in today. This in turn displays the significance of history and its role in the present and future events to occur.

References

Linder, R. D. (2008). The Reformation Era. Westport, Conn: Greenwood Press.

McGrath, A. E. (2012). Reformation thought: An introduction. Malden, MA: Wiley-Blackwell.

Norton, Anne. (2004).95 Theses on Politics, Culture, and Method. New Haven [u.a.: Yale University Press.

Patrick, J. (2007). Renaissance and reformation. Tarrytown (N. Y.: Marshall Cavendish.

Saji, T. (2005). Christian social reformers. New Delhi: Mittal Publications.

Thomsett, M. C. (2010). The Inquisition: A history. Jefferson, N.C: McFarland & Co.

Whitford, D. M. (2008). Reformation and early modern Europe: A guide to research. Kirksville, Mo: Truman State University Press.