Government Contractors: Criteria Needed for Allowable Employee Health Care Costs : Report to the Chairman, Legislation and National Security Subcommittee, Committee on Government Operations, House of Representatives
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According Accounting additional Administration agencies agree allow approach assessing average basis believe challenge Chamber of Commerce Comments Company compared Comparison compensation costs competitive concern Conclusions considered containment contractor employees contracts contribution Corporation cost sharing coverage covered defense defense contractors Department determining develop draft report effective efforts elements of compensation Employee Benefits employee health enrollees establish evaluate example expenses extended factors federal employees FEHBP figure firms Fogel force geographic government contractors health benefits health care costs health insurance costs higher home health hospital increase industry labor less limits lower major Management manufacturing nasa negotiated offered Office offset overall paid percent plans position postal premium private sector private sector employees procurement proposed quantitative criteria reasonableness Recommendations reduce regulations reimbursed result revised selected similar survey total compensation unions United workers
Page 70 - Compensation is reasonable to the extent that the total amount paid or accrued is commensurate with compensation paid under the contractor's established policy and conforms generally to compensation paid by other firms of the same size, in the same industry, or in the same geographic area, for similar services.
Page 85 - Comments From the Office of Management and Budget EXECUTIVE OFFICE OF THE PRESIDENT OFFICE OF MANAGEMENT AND BUDGET WASHINGTON, DC 2O5O3 The Honorable Gene L.
Page 69 - OFFICE OF FEDERAL PROCUREMENT POLICY ACT AN ACT To establish an Office of Federal Procurement Policy within the Office of Management and Budget, and for other purposes.
Page 1 - Sec. 6. The Secretary of State, the Secretary of Defense, the Administrator of the National Aeronautics and Space Administration, the Administrator of the Federal Aviation Agency, or his representative, or the head of any other department or agency of the United States with which the Department of Defense makes an agreement under...
Page 46 - Rising medical costs have been cited as a factor in the declining international competitiveness of many industries. During the last decade, the competitive burden of health care costs on American industry has doubled, widening the gap between the US and its major trade competitors.
Page 69 - In addition, we have worked closely with the General Services Administration (GSA) and the National Aeronautics and Space Administration (NASA) to develop a Federal Acquisition Regulation (FAR).
Page 39 - ... substantial amount of waste. Were the rising expenditures simply due to changing consumer preferences, rising incomes, or improved technology, there would be no policy problem. The manner in which people choose to make unsubsidized purchases is generally not a policy matter. Much of the increase, however, has been due to perverse incentives that are built into the medical system. A set of arrangements for buying and selling health services has developed which insulates the participants from the...
Page 39 - ... private plans and medicare.) About 23 million people in the country do not have public or private insurance coverage. The particular provisions of insurance plans determine the prices that individual patients face and the effect of third-party payments on demand. For example, a system of deductibles and copayments makes the individual share in the costs. It leads to a more efficient use of resources than a plan that covers all medical expenses, beginning with the first dollar of expense. With...
Page 40 - For example, a system of deductibles and copayments makes the individual share in the costs. It leads to a more efficient use of resources than a plan that covers all medical expenses, beginning with the first dollar of expense. With "first-dollar" coverage, the individual has no financial incentive not to seek treatment if it has any chance of being beneficial, regardless of its cost. First-dollar coverage is necessarily more "shallow" than cost-sharing plans with the same premium and provides less...