- About eight million US families are headed by single mothers, and of those nearly three million live below the poverty line defined by the government. 45% receive Food Stamps.
- President Biden, who promised “I will never cut Medicare,” has agreed to extend his planned cuts in Medicare Advantage spending over three years instead of all at once.
- Roughly a third of eighth graders are not proficient in reading or math and that number has been rising over the last decade.
Category: Health Insurance
Obamacare’s Narrow Networks
The people most negatively affected are those who have the greatest medical needs. More than one in three exchange enrollees in fair or poor health reported that a particular doctor or hospital they needed was not covered by their plan, a rate that is more than twice as high as it is for those with an employer plan.
Kaiser Family Foundation: Catholic Charity Hospitals Not Very Charitable
I began my career as an accountant for a nonprofit hospital. If you think the hospital executives were unconcerned about profit you would be wrong. As an aside, that is true of all nonprofit organizations. They must earn more than they spend to stay in business. This is where it gets complicated.
Saturday Links
- Sales of dog strollers last year outpaced those of baby strollers for the first time in South Korea – home to the world’s lowest birthrate.(WSJ)
- How the New York Times stoked Covid alarmism.
- “Overall, benchmark premiums increased 75 percent between 2014 and 2024—more than 60 percent higher than the premium growth in employer plans during this time.”
- Does Joe Stiglitz deserve the blame for thousands of murders and poverty and misery in Venezuela?
- Taxpayers lose to fraud, fraud and more fraud.
- Means-tested social-welfare spending totaled $1.6 trillion in 2023, absorbing 72.6% of unobligated general revenue minus Social Security, Medicare and interest payments.