Purpose /Rationale of the LawAccording to Seto , collins and Weiskopf (2000 , wellness  caveat  rebirth law is making a tidal wave of restructuring   praxis with massive consequences for  wellness cargon in communities . Even as   conversion can happen by way of  conglomerate mergers , it  usually concerns the transfer of as tidy sums sale or sale from   nonprofit  administration providers such as insurance providers , HMOs , and hospitals to for-profit entities . This  style that assets previously   owned by the nonprofit providers should be assessed and directed to other organizations    desire new foundationsSeto , collins and Weiskopf (2000                                                                                                                                                         ) said wellness c ar  revolution happens for various purposes or reasons , as well as an protagonism for greater internal competence and effectiveness in the  health  manage marketplace and the    supposed necessity to increase   crest by  meaning of equity markets They also added that the necessity to   provide the conversion or sale of nonprofit health  business organizations is practically generally recognized provoked mainly by concern of losing community charitable resources Hence , without thorough   follow-up , the assets or resources of nonprofit providers  exponent be underrated and by this means lost to the communityLast April 2005 , Governor Brian Schweitzer of Montana signed into law SB 317 , which legalizes the conversion of nonprofit health insurers into for-profit businesses (Benbow , 2005 . The law was passed by a vast majority in both houses of the Montana legislative assembly .  The said law was acclaimed and recognized by consumer advocates as a model for other states to imitateSB 317 safeguards consumers by means of  view up transparent and understandable objectives for regulators and unambiguous rules for nonprofit health organizations preparing to  dive   rsify to become for-profit corporations (Ben!   bow , 2005 .  This law in Montana is considered to be the strongest in the country since it is beneficial for consumers and advantageous for businessEffect on the  day-after-day  trading operations within health care organizationsHealth care conversion affects everybody ,  at long last , as it influences the health care existing in communities (to Seto , Collins and Weiskopf (2000 .

 Due to the  position that in several communities , nonprofit insurers and hospitals  unfold the lone  devil to health care for the helpless populations , they are specifically in danger of being affected negatively . Moreover , a health ca   re conversion might signify suspend services , hospital closures , cuts in staffing , or longer  get going timesSimultaneously , health care conversions might  as well set up new prospective and opportunities for philanthropy and for the reality .  If the assets at risk in health care conversions are safeguarded and  abandoned to charitable health care , they could offer a life line for populations at risk who increasingly cope with impediments to health (Seto , Collins and Weiskopf , 2000Arguments For and Against the LawSeto , Collins , and Weskopf (2000 ) contend that health care conversion has  formal a new health care  decorate in the country . They said that what was previously a  carcass make up more or less  only when of nonprofit providers and institutions has turned out to be increasingly for-profit . These authors  maintain that  scrappy rivalry by those for-profit providers together with industry-wide demands to decrease cost is...If you want to get a full essay, order it    on our website: 
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