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 Mountain Parkway
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Some happy thoughts courtesy of Paul Farrell at MarketWatch: Retire? You can fuggetaboutit if the new Global Debt Time Bomb is detonated by any one of 20 made-in-America trigger mechanisms. Yes, 20. And yes, any one can destroy your retirement because all 20 are inexorably linked, a house-of-cards, a circular firing squad destined to self-destruct, triggering the [...] 
On Twitter, @EatonCompliance pointed to a blog post by Fox Business’ John Stossel referencing an AMA study on various health insurer metrics, including the percentage of claims denied. The report card shows the following rates: Anthem BCBS: 4.34% I can’t help but wonder [...] 
The New York Times over the weekend featured this gem: The Democratic Party wants to spend more than we can afford; the Republican Party tends to want to cut taxes more than we can afford. So we are stuck. …uttered by Senator Bayh (D-IN) The article surrounding that observation also notes: The main driver of long-term deficits is the [...]
I know that I should be writing a few words about the new health reform bill introduced by Nancy Pelosi in the House of Representatives today, but frankly, due to a perfect storm of health insurance annoyances impacting my family the past couple of days, I can’t help but wonder if the Amish might be [...] 
The Office of the Actuary at CMS (i.e., Medicare’s actuary, Richard Foster) has released an analysis of the House health reform bill. The report (available at Politico) drew a bit of attention this week due to the disclaimer it leads with: The Office of the Actuary has prepared this memorandum in our longstanding capacity as an [...] 
Over at Talk Left, Jeralyn made the following observation when exploring the possibility of making Congress’ health plan available to all Americans: As to why we all can’t have that plan: The answer: The country probably couldn’t afford it — not without reforms to bring costs way, way down. Do they mean reforms or reductions in coverage? I [...]
Throughout the last few months of the campaign, I think a few folks (myself included) have felt like some Obama supporters were promising voters everything if Obama got elected. In other words, everybody gets a pony! Well, I think a few folks out on Cape Cod have cast their vote for what they might want in [...]
A thread at the Actuarial Outpost brought this ad to my attention:
Contingencies, of course, is the bimonthly magazine published by the American Academy of Actuaries. The current issue features articles from both the McCain and Obama campaigns on their health care proposals, along with a general overview/opinion from Cori Uccello, the AAA’s senior health [...]
After a couple of memorable weeks, where we have seen reality start to set in, and we start to face the bills of enjoying the present without considering the risks and fallout in the future, Bob Vineyard offered a helpful reminder of what’s still looming on the horizon: If you think $700,000,000,000 is a lot of [...]
Regardless of whether you agree or disagree with his politics, you gotta give the guy credit for timing. Quoting the New York Times: Senator Edward M. Kennedy returned to the Senate on Wednesday for the first time since being sidelined with cancer and was greeted by a bipartisan barrage of whoops, cheers and applause before savoring [...] |
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