So I think what has provided health care with the most momentum, quite honestly, in the past several weeks, are the insurance company rate increases.
The California Department of Insurance found that the proposed rate increase was based on unreasonably high assumptions about the rate at which medical costs are increasing.
Rapid population growth, mainly, says Krugman. (Since 2007, the number of working age residents grew by 6.6%, nearly twice the national average.) Krugman also points out that some 10% of Texan workers earn the minimum wage or less, and a quarter of Texans have no health insurance, the highest rate in the country.
Because if only sick people buy insurance, but insurers are forced to accept all comers and charge healthy and sick people the same rate, insurance would rapidly become too expensive for anyone to afford.
FORBES: Why Mitt Romney's Plan for Pre-Existing Conditions is Better Than Obamacare's
Many observers have argued that skyrocketing health insurance premiums are responsible for the low rate of employer-provided health insurance in small companies.
FORBES: Are Rising Costs Why Small Businesses Don't Offer Employee Health Insurance?
In 2009, prior to passage of Obamacare, 74 percent of the requests made for rate increases by the health insurance companies in the 15 states were for bumps in excess of 10 percent.
Never before has Congress cut back on extended unemployment insurance when the unemployment rate remains so high.
Nine months later, the largest malpractice carrier in the state was before the Insurance Commissioner seeking a rate increase.
FORBES: GOP Fights With Itself Over Medical Malpractice Reform
The insurance company declares a rate that they will pay, and the investments are a general obligation of the company.
To see why, we can look at the experiences of the 37 states that already give their insurance regulators the power to reject rate hikes.
FORBES: What's The Matter With California's Sick Health Insurance Market?
In addition, the rate of private insurance coverage was essentially unchanged in 2011 for the first time in a decade.
In May, Rep. Robert Andrews, a New Jersey Democrat, introduced the Prosthetic and Custom Orthotic Parity Act, which would require insurance companies to cover prosthetics at the same rate they do surgery.
The banks have been hit by scandal, including attempts to rig the Libor interest rate and the mis-selling of payment protection insurance.
BBC: Barclays and RBS disclose number of staff paid ?1m-plus
The insurance company gave us an affordable rate -- we were looking for a very affordable plan.
WHITEHOUSE: The Affordable Care Act & The Patient��s Bill of Rights
The trick is that our business has to grow faster than the cost of insurance, and our job is to keep that rate down against the backdrop of what people are insuring.
Allianz and its shareholders are faced with the prospect of a shrinking banking operation, at any rate in relation to the rest of the insurance group (see chart).
The new law will force all of us to purchase insurance whose cost is likely to grow at twice the rate of growth of our incomes.
FORBES: Beware Of The Budget Numbers Coming Out Of Washington: They're All Wrong
The yearly doctor dropout rate in private insurance exceeds 10% in many places, including New York.
Why would Dosoretz want these patients, whose insurance pays less than half the Medicare rate?
The five-year bonds, called India Development Bonds, came with insurance against exchange-rate risk and promises not to scrutinise the source of the investment.
HMOs, and increasingly some policy-makers, have pointed out that the true cause of medical cost increases is consolidation among providers and the attendant reimbursement rate increases, which are passed on in the form of higher insurance premiums.
With this rate of growth, the Deposit Insurance Fund would have to be huge by the end of September 2020.
In plain English, this means that the return to the investor must be considerably less than the insurance company earns on the bonds, which in turn is usually less than the market rate.
We are going to see the type of rate increases that patients have gotten in the mail when their insurers take their insurance rates and increase them exponentially seven, eight, nine, 10 times that of health care inflation.
Look, say the pundits, at the net effect of his new lower income-tax band (starting next month), the cut in the basic rate of income tax from 23% to 22%, the changes to national insurance, the abolition of the married couples' tax allowance and the mortgage-interest allowance (all starting a year from now), the new child tax credit (from 2001), etc.
Like other banks, Barclays was heavily involved in manipulating LIBOR and in the mis-selling of payment protection insurance and interest rate swaps.
FORBES: Is Barclays Going To Put Its Money Where Its Mouth Is On Performance Incentives?
Insurance companies operate a system of squeezing the labour rate to repairers, restricting their hours allowed to do the job, and taking unnecessary excess payments off drivers.
Medicare and private health plans like WellPoint, UnitedHealth, Aetna and Cigna were unable to keep a lid on spending, and health insurance premiums rose at about the same 6% rate.
Mr. BRIAN MONTGOMERY (Federal Housing Commissioner, U.S. Department of Housing and Urban Development): And that's the main difference between FHA and the subprime, is we price for the risk with an insurance premium, whereas in most of the subprime world, they price the risk in the interest rate.
Over the past 10 years, China has led the world in insurance premium growth with a compound annual growth rate of 26.5 percent.
应用推荐