Month: July 2017

Allowing insurers to sell plans that aren’t compliant with the Affordable Care Act would undermine protections for those with pre-existing medical conditions and lead to higher premiums, industry groups say Source: Insurers Oppose Cruz Amendment to Republican Health-Care Bill – WSJ First, new treatments will continue to be invented and everyone will want insurance to pay for them. Consumers and providers alike, all voters, will prevail. Second, until providers are required to market treatments with clear prices, consumers will never be able to bring market forces to bear. Complexity of coverage and so much “protective” legal disclsure language no one can read let alone understand and lack of plan portability combine to assure costs of health care continue upward trajectory, a major know risk to our economy and international...

Congressional forecasters say a Senate Republican bill to repeal and replace the Affordable Care Act would leave 22 million more people uninsured in the next decade. Source: CBO Says Senate Health Bill To Repeal Obamacare Would Leave 22 Million More Uninsured : NPR Are they just stupid or in a bind? Drinking way too much Koolaid, that’s for sure and they seems not to know the easy headlines gifted from a predictable CBO review. I mean, really, who could not see a repeat of the earlier headline and the “it helps the rich at the expense of the poor” description. Even though the richest Americans are Democrats, the Republicans make it easy for the Democrats to continue to brand them as only for the big boys and girls and ignoring the plight of the poor and middle class. Check out Jeffrey Sachs several recommendations to replace both the failed ObamaCare and the not so swift Republican plans from their House and from their Senate. Nothing in law or on the table from either side of the aisle will deliver better health care to more Americans and at a needed reduced cost per citizen now twice what other industrialized countries pay. A Real Persona judges each of his points, may good and some not so...

Even after he leaves office, willingly or un-wilingly does not matter he calculates. After all, the one party dictatorship of Chinese “Communists” who were bailed out by Capitalism can not even get the mug of Mao off their physical currency as they would like. Mao is one of the largest mass murderers in history. There have been many. Source: Syrian President Bashar Assad Will Be Face of New Bank Note – Bloomberg Hong Kong, on the other hand, will likely have a different outcome if they cross the Xi Red...