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Archive for February, 2009

February 27

Obama’s Attack on Medicare Advantage Plans

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Stocks are taking somewhat of a dive since since Obama has unveiled his proposal to cut federal funding toward private providers of the government subsidized program. This should come as no suprise as Obama has been criticising the value of Medicare Advantage plans for months, indicating that they are a waste of money. Obama feels [...]

February 25

Paperwork and Other Obstacles Prevent Renewal

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A recent study conducted by the New York State Health Foundation showed that only one third of Medicaid members and recipients of other public health care actually renew when the time comes. This is in spite of remaining eligible for coverage. Experts blame overwhelming and confusing paperwork which results in applicants applying fresh instead of renewing, [...]

February 23

Staggering Numbers

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Since the start of the recession, an estimated 4 million Americans have lost their health insurance and as many as 14,000 are losing their coverage every day. These numbers come from the Center for American Progress’ Action Fund, a republican think tank. The report also asserts that of the 4 million, about half of them [...]

February 20

Demand Drives Up Prices of Individual Policies

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As more and more people lose access to employer based health care for various reasons, the demand for individual health insurance policies has increased noticeably. Golden Rule, a subsidiary of United Healthcare reports that the sale of individual policies has gone up 24% just in the past two months. Unfortunately, because an individual cannot negotiate [...]

February 17

America’s Changing Attitudes Toward Healthcare

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Back in the late 70′s and early 80′s, the idea of universal healthcare did not resound with the American public. Perhaps the fact that having the government as a single payer source of health insurance sounded too much akin to socialism was enough to turn most people off of the idea. However, as our current [...]

February 11

Hope For Unemployed

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Not only will Obama’s stimulus package provide assistance to state budgets and publicly funded programs, but it will offer an important degree of assistance to individuals who have found themselves unemployed in the current economic situation. For those who have been laid off, they stand to lose not only their job but their health insurance [...]

February 9

Is Medicare For All the Cure

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As health care reform takes center stage in our country, experts weigh in on the best ways to accomplish the task of improving the quality and efficiency of health care. Many point the finger of blame at private, for-profit health insurance companies for the skyrocketing costs of health care. They say that administrative costs consume [...]

February 6

Retiree Benefits to End

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Delphi Corp., a Michigan based parts supplier has made the request of a bankruptcy court judge to cancel health and life insurance benefits for its current and future salaried retirees. Another victim of the economic downturn, the automobile parts manufacturer would stand to save roughly $70 million a year by eliminating these benefits and reduce [...]

February 4

Daschle Departure to Cost Reform Movement Momentum?

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The unexpected resignation of Tom Daschle has put President Obama’s reform movement in an unusual predicament. Daschle’s experience and knowledge in both the health and political landscapes served to shape the course of health care reform as it would procede in the coming year. Admitting to mistakes on his taxes, Daschle withdrew his nomination as [...]

February 2

McCain Plan Could Have Worked

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Despite the fact that the presidential race is long over and Obama has begun the tedious task of reforming our nation’s health care system with his particular vision in mind, some still feel that John McCain’s proposals would have worked to cure the health insurance crisis. Experts in support of his tax-credit driven proposal feel [...]