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Cost reduction is the process used by organisations aiming to reduce their costs and increase their profits, or to accommodate reduced income.Depending on a company’s services or products, the strategies can vary.
In Tunisia, the self-employed workers alone account for about 28% of the total non-farm employment, and firms with fewer than 100 employees account for about 62% of total employment. [5] United States' SMEs generate half of all U.S. jobs, but only 40% of GDP. [6] Developing countries tend to have a larger share of small and medium-sized ...
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Supplement a primary medical expense plan by paying for expenses that are excluded or subject to the primary plan's cost-sharing requirements (e.g., co-payments, deductibles, etc.); Cover related expenses such as dental or vision care; Assist with additional expenses that may be associated with a serious illness or injury. [25]
A 2009 study in five states found that medical debt contributed to 46.2% of all personal bankruptcies, and 62.1% of bankruptcy filers claimed high medical expenses in 2007. [57] Since then, health costs and the numbers of uninsured and underinsured have increased. [ 58 ]
The first move towards a national health insurance system was launched in Germany in 1883, with the Sickness Insurance Law. Industrial employers were mandated to provide injury and illness insurance for their low-wage workers, and the system was funded and administered by employees and employers through "sick funds", which were drawn from deductions in workers' wages and from employers ...
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