Consumer Protection & Regulation Oct 13/15
As a big consumer of online everything, I thought it was interesting to learn about the Consumer protection regulations that exist for us shoppers. These regulations can be helpful to those who have deposits in their bank, because it can protect them with their confidential information that may be seen by private firms, from taking out a loan with an unknown interest rate, and again, from being a victim of credit card hacking. The regulations are actually very helpful to consumers, because imagine trying to buy something that says it has no interests at all, and then finding out it has a 30% interest rate. I would honestly not be too happy about having to pay a 30% for a loan when I could have searched with a different bank for a smaller interest rate. One of the flaws that is mentioned is that having access to this information will do no good, when most of us are not understanding how to evaluate the financial information given to us. That is why it would be recommended to have a financial advisor that knows a thing or two about buying houses, so that you are able to make the best financial and personal decision on your dream home.
Early life and Childhood/Youth Prompt 1: Oct 20/22
Since I already used the Babies_Etc_ Slides for my first prompt, I decided to take on the first prompt on the Birth Slides. The first slide starts off the question, who are the consumers? In this case, mothers and father to be and the fetus. Parents to be are especially vulnerable to fall in the trap of thinking they need every single baby item that hits the market. They are also vulnerable to being pushed by other consumers or producers into which birth methods to use. It is very common to have babies at a hospital, since they will have people that can look after them from the moment they find out they are pregnant. There is, however, another popular method to giving birth and that is by having a midwife. Midwifes are to be licensed before practicing, as required by Washington state. Insurance companies cover this method, and Medicaid is one of them. On another note, I always hear mothers ask if they are getting epidural. You know, the big needle placed on the mother’s back prior to giving birth to help ease the intense pains. This needle process is known as an epidural and it is quite common for many mothers that give birth in hospitals. As common as epidurals are, it is also common to ask mothers that question, and it almost seems as if it done to see which mothers are NOT taking the epidural. Why is it so common to hear about epidurals? I would say it is, because many women are scared to have one during their labor due to the scary risks that they hear about. Finally, one of the most important slides that were mentioned (at least to me based on what I read because I have no children to actually know how these things are practiced) was the slide on maternity care. In terms of the baby’s health, it all starts off with the fetus. Babies can be born at full term, but may experience Fetal Alcohol Syndrome if the mother consumed alcohol while pregnant. One of the slides mentions that evidence shows that there is not enough resources for maternity care. It mentions smoking cessation support, which would be fitting for Fetal Alcohol cessation support. It is hard for many mothers to stop the bad habits that can affect their babies before they are even born like smoking, alcohol and drugs, which is why it would be helpful if mothers could find many resources to help them cease these habits (minimum throughout their pregnancy).
Financial Health Prompt 1: Oct 27/29
Financial health is just as important as physical and mental health, when it comes to taking care of oneself. I really can’t say what is important about financial health decisions, since I don’t make wise choices when it comes to that either. I can say that speaking for myself and for things that I feel I should always strive to improve on is making sure that I think about what I buy. Regardless of what is it, I tend to buy things without realizing (more like thinking about or acknowledging) that it can harm the environment or even myself. I am big fan of anything makeup, and I realize that I do have to work on buying less of it, especially since I have yet to go through my first eyeshadow palettes that I got years ago (which by the way they just had to be tossed out without being close to it being empty). My point is that we should all work towards consuming just a tiny bit less to help out our wallets, our health, and our mental wellness. My hope is that we can work every day, even if it is in small steps, towards simplicity. I guess that could be a challenge in today’s world of consumerism, but I do think that it is possible to maximize our health status. Policy makers, I think, should focus on the way that products are sold to us, by making sure that no label has even more “hidden” labels. It would make us as consumers really think about what is going into the products that we buy. Though it is a team effort (from policymakers and us as consumers), it is ultimately up to the person that is affected by the product directly and their friends and family to help them make wise choices as consumers. By consuming less, we can avoid financial problems with our credit cards, our housing situation, and even helping out those that may need a boost financially.
Prompt 1: Foods in Moderations does work? Nov 10/12
Okay, Okay, right off the bat I’d have to agree with the description that the article gives on what most of us consider “moderation”. That one doughnut, or that one pizza night will add up in the long run if that is the way that I eat every single day. “When you are eating something from the same category of non-health foods once a day, it’s not a treat- it’s a habit” (Greatest.com). I definitely see myself as “justified” “moderator”, because I justify all the moderation that I do with my eating, and wow is that a big part of my diet. I tend to justify my eating habits by the amount of exercise that I do at my place of work. I walk at a fast pace all day and only sit to enjoy my breaks, which make me justify the way I eat when I get home, because I must have burned off all those calories right? It is true, that perhaps eating this way may at some point increase all probabilities of getting some sort of diet-related disease, and I should especially consider this because my dad and his family have hypertension, diabetes, high cholesterol and other health problems that could be controlled better with a healthier lifestyle.
Prompt Two Oct6/8
Have you ever read a CBO report, or even a summary of one? Do you know what the CBO is? Consumers really should know about this important piece of our federal government. CBO stands for Congressional Budget Office, and it provides nonpartisan (meaning not slanted toward either party) information and analyses surrounding bills and laws. Take a look at this agency’s take on the proposed American Health Care Act, that, if signed into law, would replace the ACA. Once you’ve read at least a bit of it, respond to the questions below. What did you learn reading this resource that you think many consumers probably don’t know? What do you want to know now? Where might you find out more?
I had never heard of what a CBO report consisted of or what it really meant in terms of a budget report. After doing a bit a research on the topic, I came to the conclusion that the CBO provides as the name states, the budget information to Congress. It is a nonpartisan agency that works with the staff from the Joint Committee on Taxation (JCT) in providing an estimate of what is spent from the ACA and how reductions in the budget for that program could affect the people and the government. It would reduce the spending of the program by 26% in 2026, yet it would also affect those who benefit from this policy if they became uninsured. One of the things that I learned about this report and this Act specifically is that the reports are very detailed with unbiased information on how the budget is used and how it can be improved. I would want to know about the CBO itself and what it is that is suggested for people to do if the budget is cut and they find themselves uninsured. I know that it is an informative website on budget, but it could also be helpful if they set up links where they could read more about how it affects them and where they can find resources where it’s in their area or online. In this case, I could probably find out more about it by searching other websites, or perhaps even by asking with local health insurance workers (clinics and hospitals).
Prompt 1: Illness and Mortality Prompt Nov 17/19
Basic consumer help for illness, long-term care, and death and dying
I decided to type in long term care in the search bar, and the first website that popped up was LongTermCare. Gov. As soon as I clicked on this website, It gave me several links to topics like The Basics, Medicare & Medicaid, Where you Live Matters, How to Decide, Cost & Pay, as well as care according to age. I wouldn’t really say that there is anything that is less helpful, because the website also has links to help you find services and health studies, like Alzheimer’s. If this website didn’t work out, I would suggest for people to look at websites that might specifically cater to their needs or the needs of their loved ones. For example, if someone was only looking for illness care, then I would start off with that search, and if that didn’t work out, I would also try calling my local health care offices.
Retrieved from: https://longtermcare.acl.gov/