May 15, 2012 ~ what IS working

Tuesday, May 15, 2012

Mitt Romney: Backwards on Equality

Posted by Linda H on 9:32:00 AM

Living Wage Bill passes in the Big Apple

Posted by Linda H on 6:27:00 AM

The final version of the Living Wage bill is narrower than campaign organizers would have liked (tenants of subsidized project won’t be covered, for example). Still, supporters of the bill report it is the strongest living wage law in the country and assert this is only a first step to expand Living Wage ordinances in the city.

Information on the Fair Wages for New Yorkers bill can be found here, but the fundamentals are:

Commercial and Industrial firms receiving $1 million or more in discretionary subsidies and have gross revenue of $5 million or more

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Obamacare forces Health Plans to Pay $1B Rebate to Consumers

Posted by Linda H on 5:52:00 AM

More than $1 billion is headed to consumers and employers this summer from their insurance companies thanks to a part of the federal health law that requires a rebate from plans that don’t spend at least 4 of every 5 premium dollars on medical care.

A new study by the Kaiser Family Foundation estimates the rebates at $1.3 billion, which should arrive by August, from health plans that spent too much on administrative overhead. The money paid will be tax free to the recipients, according to rules on so-called medical-loss ratios that are part of the Affordable Care Act signed into law two years ago by President Obama.

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