Subsidized health insurance for low-income working Pennsylvanians will end Feb. 28, a fate financial professionals have predicted since the program’s inception eight years ago.
California’s new state insurance commissioner, Dave Jones, issued emergency regulations making the state’s medical loss ratio provisions match those included in the federal health reform la
President Barack Obama said he has compromised with Republicans, serving up an extension on Bush-era tax cuts in return for more unemployment benefits and other economic recovery steps.
Joel Ario, former insurance commissioner of Pennsylvania, has compared the federal health reform law that President Barack Obama signed in March to Republican Mitt Romney’s plan in Massachusetts.
Talking heads abound on cable news and talk shows, asking if the Republicans will try to repeal the health care overhaul law. It’s an exercise in how to get higher ratings for their shows, because the chance of repealing “Obamacare” is about as slim as a rookery of penguins taking up residence in the Sahara Desert.
Say Republicans triumph in the Nov. 2 mid-term elections, that they then have enough votes to affect serious change in Congress and that they successfully repeal President Barack Obama’s health reform law. Then what?
Dean Zarras hit a home run with his recent article on how America’s treatment of health insurance as an endless source of payment for anything deemed, “health care,” could lead to national financial ruin.