The News Review:
- White House seeks health plan compromise
- Fake funerals used to cash in on life insurance
- Saul Friedman | Gray Matters
- THV Working For You At 6:30: CBRA Insurance
- The End of Private Health Insurance
- Trade credit insurance scheme
- LIN AND THE LAMB: How good is your health insurance?
White House seeks health plan compromise
The Associated Press
“I’m actually very hopeful that we’ll be able to reach an agreement on that because it is part of the president’s plan” DeParle said in a session with reporters at which she fielded repeated questions on the issue. “It’s included because he wanted a mechanism to lower costs and to keep the private sector honest. “But the insurance industry remains skeptical and many Republicans say any kind of public plan would be a deal breaker. DeParle suggested one compromise might be that the public plan pays hospitals and doctors rates similar to what private insurers pay. That would address fears that government would use its muscle to pay rock-bottom prices for medical services allowing the public plan to charge discounted premiums that private insurers couldn’t compete with. Even if the government plan paid private-market rates to doctors and hospitals it could still cut costs DeParle said. A government plan wouldn’t have to turn a profit and could also save on administrative expenses.
Fake funerals used to cash in on life insurance
WalletPop
Two women in Los Angeles were. They allegedly bought fake life insurance policies and then held sham burials or cremations and got fake death certificates. Authorities say they were even so bold as to load up a casket so that it would feel like it had a body in it.
Related from Liabilitymanagementsystems: 10-K: PRESIDENTIAL LIFE CRP
Saul Friedman | Gray Matters
Newsday
But it’s nothing of the sort. Medicare itself while publicly financed uses private contractors to administer the benefits and the doctors labs and other facilities are private businesses. Part D uses private insurance companies and drug manufacturers. there are a few pockets of socialism such as the Department of Veterans Affairs health system in which doctors and others are employed by the VA which owns its hospitals.
THV Working For You At 6:30: CBRA Insurance
Today's THV
ne of the immediate concerns for many people who’ve lost their jobs is health insurance coverage. ne option available is called CBRA. It’s a federal law that allows individuals who have lost their medical coverage under a group plan to continue that coverage for a certain amount of time. CBRA applies to employer groups with over 20 employees. But many people say it’s just too expensive.
The End of Private Health Insurance
Wall Street Journal
This new middle-class entitlement is the most important debate in Congress this year because it really is the last stand for anything resembling private health insurance. This public option will supposedly “compete” with private alternatives. As President bama likes to put it those who are happy with the insurance they have now can keep it — and if they happen to prefer the government offering well gee whiz that’s the free market at work. The reality is far different.
Trade credit insurance scheme
The Press Association
Businesses use the insurance to cover themselves against the risk that they will not be paid for the goods they supply – but many insurers have hiked premiums or withdrawn from high-risk markets altogether in the recession. Chancellor Alistair Darling is set to step in to fill part of the gap in next week’s Budget the Financial Times said. According to the report the Government will offer guarantees for medium-risk companies which have seen their cover reduced but not withdrawn. Although the scale of the scheme is not yet said to be finalised it could fall short of the £5 billion called for by industry the FT says.
LIN AND THE LAMB: How good is your health insurance?
Crossville Chronicle
Especially during the past 20 years the health care industry has expanded tremendously. There are many factors for this burgeoning most notably the great advances in the science and technology of health care. With new possibilities of care costs have increased exponentially and the health insurance industry has been a major player. riginally health insurance policies were almost entirely underwritten by not-for-profit organizations.