Archive for June, 2012
Medzilla.com Special Report: Unemployed Can Breathe a Little Freer After Supreme Court’s Affordable Care Act Ruling
Seattle, WA (PRWEB) June 29, 2012
When President Obama signed the Affordable Care Act (ACA) into law in March of 2010, within minutes Florida, and 12 other states filed legal challenges. Shortly thereafter, 13 others, including the National Federation of Independent Businesses and several individuals joined in, vowing to see the bill repealed. (bbc.co.uk, 6/28/12) From its creation this particular law would continue to be a significant yet profoundly polarizing piece of legislation. As the country was deep in a recession and the unemployment rate was soaring, there was only one real question to ask: How could a Healthcare Bill help our situation? Now the country is about to find out.
When the mandate goes into effect an estimated 30 million people will be added to the insurance pool. This will not only greatly increase spending, but create a tremendous necessity for healthcare workers. Not only will health employment positions begin to increase rapidly, but people will be in great demand to fill positions even marginally attached to the medical industry. Joseph White, Luxenberg Family Professor of Public Policy, as well as chair of the Department of Political Science at Case Western Reserve University agrees. He believes that this will drive additional funding into other areas such as pharmaceutical companies, private doctors offices, as well as hospitals, and even back into the insurance companies themselves. (finance.yahoo.com, 6/28/12)
The Healthcare IT sector is an area that has already been growing, but could now see a huge boost in employment opportunities. With such a massive influx of patients entering the healthcare system so rapidly, a digitized method of record keeping, management, as well as securing those health record systems is desperately needed, especially in rural areas across the nation. Dependable network systems and skilled IT administrators who are familiar with the needs of a Healthcare facility will be in high demand. Positions are projected to become more available for those with the knowledge and experience in the creation and implementation of medical records repositories, according to John Birkmeyer, professor of surgery and director of University of Michigan’s center for health-care outcomes and policy. (finance.yahoo.com, 6/28/12)
According to the Wall Street Journal, the new Healthcare bill could mean easing the burden for a lot of working parents and families, including single mothers and fathers, through the Exchanges and incentives system. (http://blogs.wsj.com, 6/28/12) The bill itself establishes what the legislation refers to as Exchanges, for both small businesses and individual consumers. This basically means that beginning in 2014, individuals and small businesses can compare health plans, ask questions, and find out if they are eligible for tax credits to enroll in more affordable health programs.
One example are Children’s Health Insurance Programs (CHIP) are available in every state and provide free or low-cost insurance for children in working families; including families with individuals with a variety of immigration statuses as well as many adults who are also eligible. For more information on CHIP or to find your State’s CHIP Web site, go to http://www.insurekidsnow.gov (http://answers.healthcare.gov, 6/28/12)
This Exchange program also helps small businesses compete with bigger companies by giving them a more extensive choice of healthcare plans for their employees at more affordable prices and without being subjected to the premium swings that can happen when one or more employees has a serious condition within a small insurance pool. Also, small businesses with less than 25 employees under the new system can qualify for a 35% tax incentive to offset the cost of insurance, in addition to the assistance provided by the Exchange program, just by offering health insurance to employees. That percentage will increase to 50% in 2014. (healthcare.gov, 6/28/12)
There will be many questions in the months to come as the nation attempts to wade through the reactions and emotions that naturally emerge during times of great upheaval. The key will be waiting patiently as the emotions settle; and the mechanism is slowly put into place in order to see how the bigger picture fits together.
For more information and answers to specific question on the ruling and specific implementation timelines, go to http://www.healthcare.gov/law/index.html.
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(01 June 2010) On the CNN programme “Quest Means Business”, journalist Richard Quest interviews ILO Director-General Juan Somavia about the employment outlook for 2010 within the context of the recent debt crisis and deficit reduction measures.
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Why did conservatives buy houses that they would no longer be able to afford once they where laid off?
Question by Jesus and Muhammad are Lovers: Why did conservatives buy houses that they would no longer be able to afford once they where laid off?
I know many conservatives who bought a very nice house and where doing well. Then when Bush was president they got laid off. They had to find work for less money, and now they are having problems paying their mortgage.
Why did they buy houses that they knew they wouldn’t be able to afford once they got laid off?
Answer by J.C. Grant
They’re not being laid off.
Add your own answer in the comments!
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Why is it that the liberals are unable to deny that unemployment benefits are making the jobless impotent?
Question by Colonel Jack Fessender (Ret.): Why is it that the liberals are unable to deny that unemployment benefits are making the jobless impotent?
I know that if I was unemployed, then I would go out and apply to any job that I could, and then I would eliminate any other person who applied to that job. But you don’t see today’s jobless doing that, I think it’s because liberals unemployment benefits are making them weak and lazy. FACT.
Smoking Joe – I’m not saying they should be killing each other, maybe a couple kneecappings, cutting brake lines, giving incriminating evidence to the hiring manager, etc.; that sort of thing. FACT.
Answer by Hondo
Because it’s not true. FACTUAL FACT
Give your answer to this question below!
Jobless Claims in US Hovered Last Week Near 2012 High
By Michelle Jamrisko and Shobhana Chandra on June 28, 2012 Applications for jobless benefits hovered last week near the highest level of the year, showing continuing weakness in the US labor market. Claims for unemployment insurance payments decreased …
U.S. jobless claims remain near 2012 high
Jobless claims fall 6K to 386000
Jobless claims fall slightly
Weak Q1 growth bodes ill for US economic outlook
* Final first-quarter GDP unrevised at 1.9 percent * Consumer spending tweaked, export growth less robust7 * Autos account for bulk of growth, Q2 outlook uncertain * Weekly jobless claims fall 6000 By Lucia Mutikani WASHINGTON, June 28 (Reuters) – The …
US consumer spending, exports cloud growth outlook
Wall Street Journal (blog)
Jobless claims fall, but remain high
The Labor Department reported Thursday that seasonally adjusted jobless claims slid 6000 to 386000. The four-week moving average, which smooths out wrinkles in the data, dropped 750 to 386750. Economists polled by Reuters had forecast claims easing to …
Initial jobless claims remain stubbornly high
Vital Signs: Jobless Claims Remain Elevated
Discussion and intake session surrounding key Jobs Act provisions: multiple-award set-asides, bundling, consolidation of requirements, subcontracting, mentor-protégé programs, presumption of loss and misrepresentation issues, and annual certification issues. Discussion for current and prospective SBA lenders: new efforts to simplify/streamline enhance customer service in areas such as lending policy, processing, and oversight. Discussion of new exporting tools: increased loan sizes, the Export Express program, state-level STEP grants, and additional efforts under the National Export Initiative.
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Unemployment: A Problem of Policy: Analysis of British Experience and Prospects
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Three Cheers for the Unemployed: Government and Unemployment before the New Deal
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Wages and Unemployment: A Study in Non-Walrasian Macroeconomics by Pierre Picard
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