3 agencies (including the IRS of course) will review one’s application. The application is over 10 pages long. What are the chances that in 10 years the form will be even longer and more complex?
Companies are curtailing hours in an effort to obey the Obamacare mandate. If a company has 50 or more employees they must provide health insurance to any worker working 30 hours or more. The alternative for the company is a stiff fine. Managers at Burger Kings and Taco Bells across the nation are sharpening their pencils and changing shifts.
Can we trust what comes out of the medical journals if 97% of the advertising within these journals is bought by pharmaceutical companies? Considering that these journals determine much of the direction of healthcare research and policy, it’s a question which needs to be asked seriously. Remember Big Pharma wrote a big piece of Obamacare.
Obamacare is now the law of the land. Later this year it will reach deep into our economy. How the law will change American life we still don’t know for the most part.
One thing we do know is that many pharmaceutical companies will do very well under the Affordable Care Act. One of those companies is Barr Laboratories, maker of the “morning after pill” Plan B.
Ben Nelson, the former senator from Nebraska has taken what is undoubtedly a lucrative job as head of the National Association of Insurance Commissioners.
A review of Conscious Capitalism by John Mackey the CEO of Whole Foods. Mackey has influenced my thinking on capitalism and what it means to engage in business the right way. I look forward to reading the book.
I like John Mackey the CEO of Whole Foods. He is my kind of business person.
It’s not me saying it. It’s the Senate Finance Committee headed by Max Baucus, a Democrat.
Should generally poor young people be subsidizing often wealthy old people? That’s what happens in our present crony capitalist system.
Sadly, the overhaul of 1/6 of our economy, via Obamacare, appears to be just chock full of corruption.
As we have noted, one of the industries most riddled with crony capitalism is healthcare. This is no surprise, since free prices and normal competition based on price and service have been largely eliminated.
“It’s difficult to find someone who embodies the sleazy, anti-democratic, corporatist revolving door that greases Washington as shamelessly and purely as Liz Fowler.”
In the attached article, Jeffery H. Andersen at The Weekly Standard explains that as HHS falls farther behind in creating insurance exchanges, cronyism seems to have seeped into the implementation process. This, given the complexity and cost of the “Affordable Care Act” is a huge surprise I am sure to our readers.
The new rules being written for the Health Insurance Portability and Accountability Act ( HIPAA) and the Affordable Care Act ( Obamacare), say that your employer can penalize you financially if you don’t participate in recommended “wellness” programs or don’t meet certain standards.
Grover Norquist’s no tax pledge, the pledge that the vast majority of Republicans have signed, is driving some people to fits.