Research the main stakeholders in the health care policy development process.

(Henry J. Kaiser Family Foundation)

525 word paper that details the importance and impact this stakeholder has on the policy development process. Include the following in your paper:

Identify the stakeholder and their level in the policy development process.
Describe their role in the policy development process.
Describe why the stakeholder identified is important in the policy development process.
Describe the impact the selected stakeholder has on the policy development process.

Sample Solution

The debit and credit totals are not equal because of the following errors:

a. The balance of cash was understated by $3,000.

b. A cash receipt of $4,500 was posted as a debit to Cash of $5,400.

c. A debit of $1,850 to Accounts Receivable was not posted.

d. A return of $350 of defective supplies was erroneously posted as a $530 credit to Supplies.

e. An insurance policy acquired at a cost of $175 was posted as a credit to Prepaid Insurance.

f. The balance of Notes Payable was understated by $7,500.

g. A credit of $900 in Accounts Payable was over looked when determining the balance of the account.

h. A debit of $3,500 for a withdrawal by the owner was posted as a credit to Jose Mendrano, Capital.

i. The balance of $7,200 in Advertising Expense was entered as $720 in the trial balance.

j. Gas, Electricity, and Water Expense, with a balance of $6,900, was omitted from the trial balance.

Instructions

1. Prepare a corrected unadjusted trial balance as of March 31, 2008.
2. Does the fact that the unadjusted trial balance in (1) is balanced mean that there are no errors in the accounts? Explain.

Sample Solution

In the discussion preparation, you were asked to analyze the major connections between liability of professionals, insurance policy coverage, and settlement of claims due to health care liability issues. Consider the concept of insurance coverage denial. Ascertain the manner in which such denial is built on the limitation clauses and conditions set forth by the insurance provider.

Sample Solution