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U.S. could have best health care. But not if profit-driven private sector keeps control.

U.S. could have best health care. But not if profit-driven private sector keeps control.

Yahoo2 days ago

Kay Tillow, with Kentuckians for Single Payer Health Care, led a rally against Medicare Advantage plans Oct. 11, 2023 outside the Humana headquarters in Louisville. (Photo by Deborah Yetter)
Ours is the only nation in the industrialized world that has turned health care over to the private sector, subjecting all of us to life expectancy five years below the norm in other wealthy countries.
More of our babies die in the first year of life and more of our moms die in childbirth than in any other industrialized country.
We spend twice as much per person on health care in the United States as peer countries, yet we have the highest rates of death for conditions that are treatable.
On the congressional agenda are cuts to Medicaid of more than $600 billion over 10 years. Hundreds of thousands Kentuckians are among those in the line of fire. The results will be deadly. Administration officials are determined to offset the tax cuts that will benefit the wealthiest even though it means loss of health care for millions of Americans.
People are in the streets to stop the catastrophic damage to Medicaid.
The Congressional Budget Office estimates that 10.3 million people would lose their Medicaid coverage by 2034 under the GOP bill. Med Pac, the independent agency that advises Congress, predicts the projected cuts will throw 8 million onto the uninsured rolls.
Med Pac has also informed Congress that the privatized Medicare plans, misnamed Medicare Advantage, that were supposed to save money are instead costing us $84 billion a year more than if those patients were in traditional Medicare.
So this looks like an easy fix. Leave Medicaid alone. Cut out the Medicare Advantage plans, placing those patients onto the better coverage of traditional Medicare, saving more than enough money over 10 years than is needed to offset the tax cuts. Problem solved!
But in health care things are seldom simple. The Medicare Advantage patients who gained access to traditional Medicare would find themselves faced with unaffordable monthly premiums for the prescription drugs and supplemental coverage they would need. The Medicaid patients who were rescued from the firing squad will continue to suffer at the hands of the private Medicaid managed care companies that regularly deny 12% of claims, a rate double the awful rate in Medicare Advantage.
Medicaid patients would still have a hard time finding specialists. Their rural hospitals would continue to close as the Medicaid payments are insufficient to maintain the necessary infrastructure. Billions of the public funds provided for Medicaid patients would be siphoned into the coffers of the insurance companies as care, by law, is secondary to profit, in this privatized Medicaid system.
Those fortunate enough to have health care through their employers will continue to find the premiums, deductibles and co-pays beyond their means. The average family plan is now over $25,000 a year. The 15 years since the passage of health care reform have left 100 million of us in medical debt in what the Commonwealth Fund accurately calls a failing health care system.
Over 130 national and local organizations have called for a national day of action on Sat., May 31, to 'Demand Health Not Profit: Put Single Payer on the Nation's Agenda.'
On that day in 25 cities from Detroit to Houston and Seattle to Charlotte, people will gather to advocate against cuts in an already failing system and in favor of enhanced Medicare for all.
The protesters are demanding passage of a publicly financed, national single-payer program that would provide comprehensive coverage to everyone.
In Kentucky, the Rally for Health Not Profit will be at noon Saturday at the Mazzoli Federal Building in Louisville. The people there will be fighting for all of those on the firing lines and insisting that, this time around, we can remove the profits from health care and enact a plan that cares for all of us.
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Analysis: The Mount Rushmore of things people want to name after Trump
Analysis: The Mount Rushmore of things people want to name after Trump

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Analysis: The Mount Rushmore of things people want to name after Trump

Sadly for President Donald Trump's most ardent fans, there's probably no room left on Mount Rushmore. There's also a law on the books since 1866 that forbids placing the likeness of a living person on US currency. But those obstacles have not stopped members of Congress from introducing legislation to honor their leader larger-than-life in stone and on legal tender. There are proposals to place Trump on the $100 bill, perhaps replacing Benjamin Franklin, or on an as-yet unprinted $250 bill. None of these ideas seem likely to become law, but they are emblematic of a trend of similar efforts to flatter the president. Another idea formalized in an official legislative proposal would withhold funds from the Washington Metro Area Transit Authority, WMATA, until it is renamed 'WMAGA.' DC's Metrorail commuter train, better known as the Metro, would be renamed the 'Trump Train.' Sometimes, just saying MAGA doesn't go far enough. While nobody should expect to get on the Trump Train near the White House any time soon, there's a real possibility every new baby could get a Trump Account. An early draft of the megabill on Capitol Hill riffed on Democratic proposals to give each American baby some seed money at birth. At first, the plan was to call this money 'MAGA Accounts.' The name was changed to 'Trump Accounts' in the version that passed the House. We'll see if the idea makes it through the Senate. The president will also receive a big birthday bash at taxpayer expense. There will be a spectacular display of US military might to honor the US Army's 250th birthday and Flag Day, which happen to coincide with Trump's birthday on June 14. 'I view it for Flag Day, not necessarily my birthday,' Trump told NBC News in a recent interview. 'Somebody put it together.' Another proposal in Congress would make Trump's birthday (and Flag Day) a national holiday. There may also be a fighter jet whose name nods at Trump's presidency. 'It'll be known as the F-47. The generals picked a title. And it's a beautiful number. F-47,' Trump said during an appearance in the Oval Office announcing the new contract for Boeing to build a sixth-generation fighter. Trump, in his second term, is the 47th president. And before you ask, no, the F-14 Tomcat did not memorialize 14th US President Franklin Pierce any more than the F-16 Fighting Falcon memorialized Abraham Lincoln. There is at least a conversation in conservative media outlets about placing Trump on Mount Rushmore, the South Dakota rock face that honors George Washington, Thomas Jefferson, Theodore Roosevelt and Lincoln. 'A lot of people wonder: Will we ever see President Trump's face on Mount Rushmore? What do you think?' Trump's daughter-in-law, the Fox News host and former RNC official Lara Trump, asked Interior Secretary Doug Burgum. 'Well, they certainly have room for it there,' Burgum said, despite evidence to the contrary. The National Park Service has worked with an engineering firm in past decades to explore the structural integrity of the rock face, and there is no more carvable space, a spokesperson told the Argus Leader in 2020. And the monument is a completed work of art by the sculptor Gutzon Borglum. During Trump's first term, then-South Dakota Gov. Kristi Noem gave him a $1,100 bust of Mount Rushmore featuring his face, knowing he'd appreciate the gesture. She's now his homeland security secretary. Trump's eponymous company is pursuing golf, hotel and residential projects in far-flung locations – the Middle East, Indonesia and India. And the company that runs his social media platform bears his initials as its stock ticker. One place that features the faces of living people on its currency is the United Kingdom, which honors its king in that way. But Trump already does have a currency of sorts – a memecoin, which has made a few people a lot of money, including Trump. He celebrated its top investors in a controversial 'personal time' event at his Trump-branded golf course earlier this month. Another proposal on Capitol Hill would rename Dulles Airport for Trump, which would give the DC region its second airport named for a Republican. It was President Bill Clinton who signed the bipartisan legislation giving Ronald Reagan's name to Washington National Airport in 1998. The move was controversial, but ultimately bipartisan. From CNN's report at the time: The Reagan Legacy Project of the Americans for Tax Reform, a conservative group, launched the airport campaign last year as part of a wider effort to put his name on buildings and his face on Mount Rushmore… Some Democrats offered to name practically anything else for Reagan except that airport, suggesting the Pentagon or Dulles International Airport. Others suggested Reagan had been honored enough with a new office building and a new Nimitz-class aircraft carrier, both of which carry his name. It can take a long, coordinated campaign to get something like an airport named for someone. Reagan was still alive at the time, but suffering from Alzheimer's, and a full 10 years out of office. Will there still be energy to name things for Trump 10 years from now?

Analysis: The Mount Rushmore of things people want to name after Trump
Analysis: The Mount Rushmore of things people want to name after Trump

CNN

time33 minutes ago

  • CNN

Analysis: The Mount Rushmore of things people want to name after Trump

Sadly for President Donald Trump's most ardent fans, there's probably no room left on Mount Rushmore. There's also a law on the books since 1866 that forbids placing the likeness of a living person on US currency. But those obstacles have not stopped members of Congress from introducing legislation to honor their leader larger-than-life in stone and on legal tender. There are proposals to place Trump on the $100 bill, perhaps replacing Benjamin Franklin, or on an as-yet unprinted $250 bill. None of these ideas seem likely to become law, but they are emblematic of a trend of similar efforts to flatter the president. Another idea formalized in an official legislative proposal would withhold funds from the Washington Metro Area Transit Authority, WMATA, until it is renamed 'WMAGA.' DC's Metrorail commuter train, better known as the Metro, would be renamed the 'Trump Train.' Sometimes, just saying MAGA doesn't go far enough. While nobody should expect to get on the Trump Train near the White House any time soon, there's a real possibility every new baby could get a Trump Account. An early draft of the megabill on Capitol Hill riffed on Democratic proposals to give each American baby some seed money at birth. At first, the plan was to call this money 'MAGA Accounts.' The name was changed to 'Trump Accounts' in the version that passed the House. We'll see if the idea makes it through the Senate. The president will also receive a big birthday bash at taxpayer expense. There will be a spectacular display of US military might to honor the US Army's 250th birthday and Flag Day, which happen to coincide with Trump's birthday on June 14. 'I view it for Flag Day, not necessarily my birthday,' Trump told NBC News in a recent interview. 'Somebody put it together.' Another proposal in Congress would make Trump's birthday (and Flag Day) a national holiday. There may also be a fighter jet whose name nods at Trump's presidency. 'It'll be known as the F-47. The generals picked a title. And it's a beautiful number. F-47,' Trump said during an appearance in the Oval Office announcing the new contract for Boeing to build a sixth-generation fighter. Trump, in his second term, is the 47th president. And before you ask, no, the F-14 Tomcat did not memorialize 14th US President Franklin Pierce any more than the F-16 Fighting Falcon memorialized Abraham Lincoln. There is at least a conversation in conservative media outlets about placing Trump on Mount Rushmore, the South Dakota rock face that honors George Washington, Thomas Jefferson, Theodore Roosevelt and Lincoln. 'A lot of people wonder: Will we ever see President Trump's face on Mount Rushmore? What do you think?' Trump's daughter-in-law, the Fox News host and former RNC official Lara Trump, asked Interior Secretary Doug Burgum. 'Well, they certainly have room for it there,' Burgum said, despite evidence to the contrary. The National Park Service has worked with an engineering firm in past decades to explore the structural integrity of the rock face, and there is no more carvable space, a spokesperson told the Argus Leader in 2020. And the monument is a completed work of art by the sculptor Gutzon Borglum. During Trump's first term, then-South Dakota Gov. Kristi Noem gave him a $1,100 bust of Mount Rushmore featuring his face, knowing he'd appreciate the gesture. She's now his homeland security secretary. Trump's eponymous company is pursuing golf, hotel and residential projects in far-flung locations – the Middle East, Indonesia and India. And the company that runs his social media platform bears his initials as its stock ticker. One place that features the faces of living people on its currency is the United Kingdom, which honors its king in that way. 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Why travel insurance is a must for seniors
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Travel Insured International has some of the highest limits we've seen. Plans cover up to $250,000 in emergency medical expenses and $1 million for evacuation or repatriation. Single-trip and multi-trip/annual policies and cruise insurance. Add-ons include Cancel for Any Reason coverage and a travel inconvenience benefit Add-on to Worldwide Trip Protector Deluxe or Platinum plan that reimburses 75% of nonrefundable costs when purchased within 21 days of initial trip payment Available if policy is purchased within 21 days of initial trip deposit. A standard travel insurance policy won't cover pre-existing conditions if they force you to change your plans or seek medical treatment. A pre-existing condition is any injury, illness or chronic condition that requires treatment or medication, including diabetes, arthritis, cardiac disease or COPD. 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Add-on to Prime plan that reimburses 75% of nonrefundable trip costs if purchased within 21 days of booking (Not available in New York or Washington state) Available with single-trip plan purchased within 20 days of initial trip deposit (14 days for cruise insurance) Even if you don't have a medical issue on your trip, you might have to cancel your plans because of a health condition, death in the family or other emergency. Trip cancellation and interruption coverage are among the best reasons to get travel insurance. A comprehensive plan will reimburse up to 100% of your nonrefundable costs if you need to cancel and up to 150% if you need to cut your trip your policy's terms to see what events are covered, but common scenarios include: If you're concerned about your situation being covered or don't want to have to submit proof, a Cancel For Any Reason (CFAR) policy will refund a portion of your expenses, regardless of why you scraped your plans. Most CFAR plans limit you to 50% to 75% of your nonrefundable costs, but Allianz reimburses 80% of expenses. Single-trip and multi-trip/annual policies and a rental car plan. OneTrip Prime and Premier plans include coverage for one child 17 or younger when accompanying a covered adult. Reimburses 80% of nonrefundable trip costs if you cancel at least 48 hours before departure. Included if policy is purchased within 14 days of initial deposit Read our review of Allianz Travel Insurance Cruises are particularly popular with retirees, who enjoy the convenience, entertainment and relaxing atmosphere, and have the funds and free time to devote to an extended excursion. Viking, Holland America and Cunard all market cruises aimed at older come with specific risks, though, including the ship breaking down or you missing your connection. We love Seven Corners' cruise insurance policies, which include up to $250 a day for missed connections, $5,000 for an itinerary change and $250 each time the ship is disabled or misses a port of call. Plus, Seven Corners gives you 20 days to buy a policy with a pre-existing condition waiver and covers travelers up to age 99. The best way to estimate your costs is to request a quote Policies provide missed and delayed tour/cruise connection coverage. Cancel for any reason coverage and pre-existing conditions waiver are also available if you buy your plan within the specified time. ***CFAR and IFAR are subject to certain eligibility criteria and are not available in all states Yes Many travel insurance companies put age restrictions on their policies, limiting coverage to travelers under 79 or even 65. The cost of a policy can also be much more expensive for older travelers. Seven Corners will approve coverage for travelers up to age 99 and Faye and Travelex don't have any age restrictions at all. One single-trip plan with optional add-ons for pet care, adventure sports and damage to vacation rentals Up to 75% reimbursement of nonrefundable trip costs if purchased within 14 days of initial trip deposit. Available if policy is purchased within 14 days of initial trip deposit. Essential, Advantage and Ultimate policies plus last-minute Travel Med Go plan and standalone plans for emergency medical and flight coverage. Upgrades include rental car, pet and adventure activities coverage Upgrade with Ultimate plan covering 75% of nonrefundable trip costs if purchased within 21 days of initial deposit and 31 days of departure. Included with Ultimate plan if purchased within 21 days of initial deposit Travel insurance averages between 4% and 10% of your total nonrefundable trip expenses. Because of increased risk, seniors pay on the higher end of that range. CNBC Select gathered rate quotes for a 65-year-old traveler and a 30-year-old traveler taking the same one-week $3,000 excursion to London and looking for $250,000 in medical coverage and $1 million in evacuation coverage. While the 30-year-old's rate was about 4.4% of their nonrefundable trip expenses, the 65-year-old was quoted a rate of about 7.3%. There can be a significant difference in price among carriers, so using a travel insurance marketplace like Squaremouth can help you compare rates in minutes. SquareMouth is a travel insurance marketplace that allows you can compare top-rated providers, including Berkshire Hathaway, Nationwide, Seven Corners and Tin Leg. Yes Read our SquareMouth travel insurance review The best policy for any traveler depends on your specific needs, the length and location of your excursion and other factors. Our top picks for travel insurance for seniors includes Travel Insured International, Nationwide, Seven Corners, Allianz and Faye. Some companies allow you to buy a policy up until a day or two before your departure, although enrolling within two weeks of booking ensures you have access to a pre-existing condition waiver and other benefits. Travel insurance typically costs between 4% and 10% of your nonrefundable trip expenses. For seniors, a policy will more likely be on the higher end of that range. We found coverage for a 65-year-old on a one-week vacation in London was 7.3% of the total expense. Money matters — so make the most of it. Get expert tips, strategies, news and everything else you need to maximize your money, right to your inbox. Sign up here. At CNBC Select, our mission is to provide our readers with high-quality service journalism and comprehensive consumer advice so they can make informed decisions with their money. Every travel insurance review is based on rigorous reporting by our team of expert writers and editors with extensive knowledge of travel insurance products. 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