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Politics Unemployment

CBO Reports: Extending Unemployment Benefits Create Jobs

Here’s some news we already knew. The Congressional Budget Office has released a report claiming that extending long term unemployment benefits add more jobs to the economy.

Here’s the report:

WASHINGTON (AP) — Extending the current level of long-term unemployment benefits for another year would add 300,000 jobs to the economy, according to a report from the Congressional Budget Office.

The analysis released Wednesday from the nonpartisan office estimates that keeping jobless benefits would cost the government $30 billion. But it would also lead to more spending by the unemployed, boosting demand for goods and services and creating new jobs.

Federal long-term unemployment benefits are set to expire on Dec. 29 for more than 2 million workers unless Congress approves an extension. Democrats have called for reauthorization of extended benefits, but Republicans generally oppose more jobless aid without additional spending cuts to offset the cost.

“This report is more evidence that extending help to those who are seeking work is a better investment for our economy than extending tax breaks for those resting comfortably atop the economic ladder,” said Rep. Lloyd Doggett, D-Texas, a member of the House Ways and Means Committee.

Regular jobless benefits generally last up to 26 weeks for eligible workers who lose their job and are seeking employment. Since the recession began in 2008, the federal government has offered up to 47 weeks of additional benefits.

The CBO report found that for every dollar of jobless benefits that the unemployed spend, there is a $1.10 boost to the economy.

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Politics

House Republicans Cut $16 Billion From Food Stamps For The Poor

Democrats failed on Wednesday to block Republican attempts to cut billions of dollars in food assistance to poor American families, having earlier denounced the plans as an “abomination” and “immoral”.

The Republicans included the $16bn cut to the food stamp programme over the next decade as part of a five-year farm bill debated in the House of Representatives agricultural committee. Democrats submitted an amendment to prevent the cuts but lost in a vote after a heated debate in which some members of Congress said more than 2 million people would lose food assistance under the programme formally called the Supplemental Nutrition Assistance Programme (Snap).

“You need to think of that child out there that’s going to go hungry,” said Democratic congressman David Scott. “This right here is the meanest cut of all. It’s un-American. Twenty percent of my home state of Georgia is on Snap. Can you imagine what a $16bn cut will do?”

The Republican move appears to be intended in part to highlight Republican disparagement of Barack Obama as the “food stamp president” because record numbers of Americans now claim the benefit, doubling the cost of the programme since 2008 to $80bn a year. More than 46 million Americans receive food stamps, nearly half of them children.

The agricultural committee chairman, Frank Lucas, justified the cuts in part by claiming that the system had been manipulated by some US states so the federal government provided food to households not entitled to assistance.

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Healthcare ObamaCare

Understanding ObamaCare Benefits For Seniors – Video

The Affordable Healthcare Act signed into law by President Obama has benefits for the entire nation. But especially for our most vulnerable citizens, the seniors.

  • Under the health care law, your existing guaranteed Medicare-covered benefits won’t be reduced or taken away. Neither will your ability to choose your own doctor.
  • Nearly 4 million people with Medicare received cost reliefduring the law’s first year. If you had Medicare prescription drug coverage and had to pay for your drugs in the coverage gap known as the “donut hole,” you received a one-time, tax free $250 rebate from Medicare to help pay for your prescriptions.
  • If you have high prescription drug costs that put you in the donut hole, you now get a 50% discount on covered brand-name drugs while you’re in the donut hole. Between today and 2020, you’ll get continuous Medicare coverage for your prescription drugs. The donut hole will be closed completely by 2020.
  • Medicare covers certain preventive services without charging you the Part B coinsurance or deductible. You will also be offered a free annual wellness exam.
  • The life of the Medicare Trust Fund will be extended as a result of reducing waste, fraud and abuse, and slowing cost growth in Medicare, which will provide you with future cost savings on your premiums and coinsurance.

Categories
Politics

Seniors Already Benefiting From Obama’s Health Care Reform

The nay sayers will say otherwise, but the facts are here and they’re here for all to see. The benefits of President Obama’s Health care Reform have already began to kick in, and seniors are benefiting tremendously.

Here are a few of those benefits:

HHS Secretary Kathleen Sebelius talked about these announcements during her trip to Florida, where 238,362 Florida residents with Medicare saved $141,948,339 on their prescription drugs in 2011 thanks to the health reform law, the Affordable Care Act.

Categories
Health Care Politics

Eight Ways The Health Care Law Helps You

The following was posted by Kathleen Sebelius, Secretary of Health And Human Services on Wed Dec 28, 2011 12:06 PM EST

As we ring in the New Year, we also want to take a minute to reflect on the progress we made in 2011. I’m proud to say that we had a very productive year for protecting the health of all Americans, especially those who are least able to help themselves. From strengthening Medicare to expanding access to preventive services to holding insurance companies accountable – young adults, families, and seniors have begun to see benefits from the health care law that took effect in 2010.

Here are eight important ways that you or your family might have benefited from the health law in 2011:

Making Sure More Americans Have Health Coverage – 2.5 million more young adults have health insurance coverage thanks to a provision in the health law allowing young adults to remain on their parents’ health insurance until age 26. This means more young adults in this country can now go on and live their lives with less worry about visiting their doctor when they get sick, or facing catastrophic medical bills if they are in an accident.

Families around the country are benefitting from this part of the law, including families like the Houghs, whose daughter Natalie was diagnosed with a rare heart condition after suffering cardiac arrest at school. Her condition requires a lifetime of medication and care. Now, thanks to the health care law, Natalie can stay on her family’s plan and has started college. And by the time she turns 26 it will be illegal for a plan to deny coverage to anyone, regardless of their health, and Natalie will have access to a choice of quality, affordable health plans.

Shedding Light on Insurance Companies – Prior to the Affordable Care Act, insurance companies in too many states were able to raise their rates without explaining their actions. But now, insurers who want to hike their rates by 10%or more have to explain and justify those increases in writing. Experts will scrutinize those explanations and, in many cases, can tell the insurer to reduce their price.

As a result of this law, over the last year, 42 states, the District of Columbia and the five U.S. territories have stiffened their oversight of proposed health insurance rate increases. And results are beginning to come in. For example, Connecticut’s Insurance Department rejected a 20% rate hike by one insurer. And Oregon chopped the rate increase by one of its largest insurers almost in half, saving money for 60,000 people.

Giving You More Value for Your Dollar – A new consumer protection took effect in 2011 called the 80 / 20 rule. It makes sure that at least 80%of your premium dollars are being spent on health care and improving your care – not on advertising and executive salaries. If your insurer fails this test, you get a rebate, starting this summer. This rule makes sure that you get your money’s worth from your health insurance company.

Expanding Access to Free Preventive Care and Services – Under the Affordable Care Act, you and your family may be eligible for free preventive services. You may now have access to free preventive services such as:

Blood pressure readings, cholesterol tests, and nutrition counseling Many cancer screenings, including mammograms and colonoscopies Flu and pneumonia shots Routine vaccinations against diseases such as measles, hepatitis, and meningitis

Strengthening Medicare – Millions of Americans are enjoying improved Medicare coverage at a lower cost. Medicare’s premiums have remained stable and the Part B deductible will drop in 2012. Medicare beneficiaries now have access to free preventive measures like physicals, flu shots, tobacco cessation programs, mammograms, and colonoscopies. And Medicare will cover an annual wellness visit with no charge to seniors.

And thanks to the health law, the Medicare prescription drug coverage gap known as the donut hole is starting to close. Through the end of October, 2.65 million people with Medicare have received discounts on brand name drugs in the donut hole. These discounts have saved seniors and people with disabilities a total of $1.5 billion on prescriptions – averaging about $569 per person.

Putting More Doctors in Your Community – The number of doctors, nurses, and health care professionals in the National Health Service Corps has nearly tripled in the last three years. For the first time in its forty year history, the National Health Service Corps can count more than 10,000 members in its ranks.

Improving Patient Safety – In April 2011 the Partnership for Patients launched. This is a national partnership that will help save 60,000 lives in the next three years by preventing medical errors. The Partnership for Patients also has the potential to save up to $50 billion in Medicare over the next 10 years. More than 6,500 partners, including over 2,900 hospitals as well as physicians and nurses groups, consumer groups, and employers, have pledged their commitment to the Partnership for Patients.

This will help patients across the country, including patient advocate Sorrel King. In 2001, Sorrel’s 18-month old daughter Josie accidentally suffered burns requiring a hospital stay. At first, Josie was getting better. However, after a series of unintentional but totally preventable mistakes and complications, Josie died. She became one of 44,000 to 98,000 Americans who die every year from preventable medical errors.

Cracking Down on Health Care Fraud – The Affordable Care Act has given us strong tools to fight fraud. In 2011, the Department of Justice recovered more than $5.6 billion in fraud government-wide. Of the $5.6 billion, $2.9 billion was in health care fraud alone. Providers now have to go through tougher screening procedures before they can start billing Medicare. And we’ve given investigators new tools that allow them to analyze data in order to identify and stop suspicious payments before they go out. As part of the law, we also released new rules that will give states the flexibility to recover improper Medicaid payments, saving more than $2 billion over the next five years, with nearly $1 billion going back to the states.

Categories
Health Care Medicare Medicare Part D Politics Repeal Sarah Palin United States

While Republicans Promise Repeal, More Health Benefits Go into Effect

Just days before its Republican enemies are officially sworn into office in the House of Representatives and Senate — armed with their zeal and desire to repeal it — major parts of the new Health Care law with a total of 21 provisions, will go into effect in 2011.

The areas of the law scheduled to take effect January 1st 2011, are geared towards consumer protection and as its purpose suggests, it should be very popular with the American people once the measures are fully implemented. Some of the measures scheduled to take effect on January 1st are:

  1. Rebates to Consumers if Insurance providers use less than 80% of premiums for clinical services. Providers would be required to use up to 80% of your premium to provide clinical services and quality of care to you. If they use less than this percentage, a rebate check covering the difference must be sent to you.
  2. Pharmaceutical manufacturers must provide a 50% discount on brand-name prescriptions filled in the Medicare Part D coverage. Also, federal subsidies for generic prescriptions kick in on January 1st.
  3. Eliminate cost-sharing for Medicare covered preventative services. Also, waives the Medicare deductible for colorectal cancer screening tests and authorizes Medicare coverage for a personalized prevention plan, including a comprehensive health risk assessment.
  4. Creates the Center for Medicare and Medicaid Innovation to test new payment and delivery system, with the goal of reducing costs while maintaining or improving quality.
  5. Reduces the Medicare Part D premium subsidy for those with incomes above $85,000/individual and $170,000/couple. Also, freezes income requirements for medicare part B premiums at 2010 levels for the next 8 years.
  6. Creates a new Medicaid state option to permit certain Medicaid enrollees to designate a provider as a health home and provides states taking up the option with 90% federal matching payments for two years for health home-related services.
  7. Provides 3-year grants to states to develop programs to provide Medicaid enrollees with incentives to participate in comprehensive health lifestyle programs.
  8. Establishes a national, voluntary insurance program for purchasing community living assistance services and supports (CLASS program).

Republicans, however, are  promising to stop the progress of these reforms by cutting off all necessary funding. They will take over the agenda in the House of Representatives on January 5th, and will introduce more Republicans to occupy more seats in the Senate on that same day.

Polls suggests that Americans have mixed feelings about the new Health Care reform measures, mainly because they were misled by Republicans and a Conservative media. Some Republicans have even won awards for misleading or lying to the American people, like Sarah Palin’s winning Lie Of The Year Award for claiming the Health Reform contains “Death Panels” to “kill your grandma.”

Democrats claimed that they are up for the coming fight, as they try to keep their signature history-making policy alive. The rumble starts January 5th 2011.

Source: The Kaiser Family Foundation

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