Posted by Linda H on 6:32:00 AM
Millions of consumers and businesses will receive $1.1 billion in rebates this summer from health insurance plans that failed to meet a requirement of the new health-care law, according to the Health and Human Services Department.
That Affordable Care Act rule requires insurance companies to spend at least 80 percent of subscriber premiums on health-care claims and quality improvement initiatives. The other 20 percent is left for administrative costs and profits.
Health insurance plans that don’t hit that threshold will send a rebate to consumers to cover the difference.
Posted by Linda H on 6:32:00 AM
Posted by Linda H on 6:32:00 AM
WASHINGTON — President Barack Obama’s health care law helped as many as 6.6 million young adults stay on or get on their parents’ health plans in the first year and a half after the law was signed, a new survey indicates.
Commonwealth Fund President Karen Davis said, the survey was a hopeful indicator at a time when millions of Americans are struggling to get needed health care. “The new report ... shows that implementation of the law has already begun to make a difference for young adults, their families and other Americans,” she said.The survey of more than 1,800 young adults nationwide measured how young people got insurance between November 2010 and November 2011.
Posted by Linda H on 5:51:00 AM
A three-year summary of America’s first carbon trading program was released yesterday. The news is pretty good for anyone who cares about reducing carbon emissions; it’s inconvenient for anyone hell-bent on preventing America from implementing a carbon pricing plan.
According to the program administrator of the
Regional Greenhouse Gas Initiative (RGGI) — a nine-state cap-and-trade market established in the Northeast in 2008 — average annual CO2 emissions have fallen by 23 percent compared to emission levels before the start of the program, and
the predictions of economic collapse and suffering ratepayers? Not happening.
Posted by Linda H on 3:57:00 AM
Apple Needs to Make it in America
