In The Morning News (Category: General AARP)
Forbes: Businesses Find Ways To Address Health Care Concerns
"What is the solution for...runaway" health care "costs? Barack Obama and Hillary Clinton propose universal coverage -- effectively nationalization. Clinton further wants mandatory U.S. citizen enrollment under penalty of law, an idea that practically begs us to see Hillary as the hated Nurse Ratched." Yet, "John McCain and most Republicans say little about health care costs. And they are right, to a point. Nothing would be preferable to Hillary Care." Karlgaard writes he spoke recently with Clayton Christensen, professor at Harvard Business School, who said that "American businesses are already solving the problem," by hiring "staff doctors whose main role is to use advanced technology to diagnose employee ills," and then send them to "to the right specialty clinic or hospital--a heart hospital or hernia hospital."
AP: Treasury Secretary Suggests More Regulation For Wall Street
"If big Wall Street investment houses are allowed to run to the Federal Reserve for emergency lending, they must face stepped-up regulation, Treasury Secretary Henry Paulson declared Wednesday. The demise of once-mighty Bear Stearns proves 'the world has changed,' underscoring a need for the government to adapt, too, he said." Paulson, in a speech to the US Chamber of Commerce, said the Administration "will soon put forth an oversight blueprint in an effort to promote smoother functioning of financial markets."
US News and World Report: Tips On Avoiding Retirement Mistakes
"A few bad moves can cost you dearly" in retirement. US News cites six "common missteps," including neglecting to create a "comprehensive plan that includes asset allocation and estate planning," and "underestimating life expectancy" and "rising healthcare costs." US News writes, "A 65-year-old couple retiring this year will need about $225,000 just to cover medical costs in retirement, according to Fidelity Investments," and that amount represents a "whopping 41 percent jump from 2002."
Comments
Ira says:
Let's be real. You sound like John McCain and Busch father and son.
The health care system is broken. The best physician I see is a GP. Why do I see him? If I have surgery I have to see a second doctor to see if I can stand the surgery. This GP is a very caring but underpaid individual. When he went to Harvard Medical School, GP was the thing. Now its specialization. Doctors with high fees and not necessarily the best practices.
Americans like to throw money at everything. Whatever had to the Oregon Plan, if someone smoked 3 packs of cigarettes a day sine 16 years old, should we employ xpensive procedures to extend their lives 6 months.
I have a friend who did smoke three packs a day and more. He continues after several month long stays in the Hospital to thin out his blood. Eventually he qualified for a transplant. He stopped smoking only because they told him he would be tested as he went into the OR and if he tested positive for nicotine the transplant would be canceled. He started smoking again four months after the transplant.
The total care for this individual was between $3-5 million dollars. It was money down the tube. (Sounds like Iraq ).
My second case has to do with the fake Senior drug insurance program. The drug companies bribed congress to the tune of $12 billion dollars to avoid Medicare being in charge of a program. They were worried that if Medicare was in charge, that would make it the biggest purchaser of drugs in the world. Medicare would then set drug pricing. Right now few people realize that the difference what HMO's receive and what you pay is made up by the Government. My poor aching tax back!
There is something wrong in America. Our current culture is about stealing, cheating and lying. What happened to people who want to do the right thing.
03/28/08 7:57 AM