Small businesses are beginning to panic about a government default
Small business owners nationwide say they’re watching with trepidation as debt ceiling talks drag on perilously close to the deadline, a so called “X-date” of June 1, when Washington could start to run out of cash to pay its bills if Congress doesn’t raise the government’s borrowing limit. Those…#davidberteau #andreakarns #standardpoors #medicaid #siliconvalleybank #firstrepublic #joewall #goldmansachs (Source: Reuters: Health)
Source: Reuters: Health - May 21, 2023 Category: Consumer Health News Source Type: news
U.S. Debt-Limit Talks Are Stalling on These Issues
Discussions meant to avoid a default have bogged down amid disagreements over spending caps, work requirements and new Republican proposals. President Biden and Speaker Kevin McCarthy remain far apart on key issues in discussions over raising the nation’s borrowing limit and avoiding a damaging…#kevinmccarthy #groupof7summit #republicans #democrats #medicaid #temporaryassistance #needyfamilies (Source: Reuters: Health)
Source: Reuters: Health - May 21, 2023 Category: Consumer Health News Source Type: news
How to Financially Support Family Members With Special Needs After You Die
Ensuring the long-term financial stability of a loved one with special needs can be an exceptionally confusing process. Public programs like Medicaid and Supplemental Security Income (SSI) will provide for them and pay for their services for the rest of their life. But their eligibility for these…#medicaid #ssa #janesmith (Source: Reuters: Health)
Source: Reuters: Health - May 21, 2023 Category: Consumer Health News Source Type: news
The Opioid Treatment Dilemma in Jails
(MedPage Today) -- Those of us who work in jails sat up recently as we read this recent news: The Biden administration called on state Medicaid programs to fund opioid treatment programs in jails and prisons. Wow! To understand why that is such... (Source: MedPage Today Public Health)
Source: MedPage Today Public Health - May 20, 2023 Category: American Health Source Type: news
FDA advisers agree maternal RSV vaccine protects infants, but are divided on its safety
A committee of advisers to the U.S. Food and Drug Administration (FDA) yesterday voted unanimously that a vaccine from Pfizer, given as an injection during pregnancy, is efficacious at protecting infants from severe respiratory syncytial virus (RSV) disease during the first 6 months of life. If approved by the agency, the vaccine would a major advance against a disease that is the leading cause of hospitalization of U.S. infants. But troubled by side effect data from Pfizer’s trials and by another big drugmaker’s abandonment of a similar vaccine given during pregnancy, the panel split on the question of the vaccine’s...
Source: ScienceNOW - May 19, 2023 Category: Science Source Type: news
Senators Ramp Up 14th Amendment Pressure on Biden to Counter GOP Debt Ceiling Brinksmanship
Yves here. Because Republicans are ever and always bad guys, at least if you are a Democrat, commentators are IMHO being far too generous to the Biden Administration on the current debt ceiling impasse. Biden simply postured that he wasn’t going to negotiate, which wasn’t credible unless he made…#republicans #democrat #imho #constitution #janetyellen #democrats #berniesanders #sanders #medicaid #johnfetterman (Source: Reuters: Health)
Source: Reuters: Health - May 19, 2023 Category: Consumer Health News Source Type: news
UNC, Duke, other NC hospitals chart new paths amid staffing shortages, rising costs
Leaders of North Carolina ’s five largest health care systems come together for a discussion on how they're dealing with the industry's biggest challenges, from low staffing to high costs, and what Medicaid expansion means for the state. (Source: bizjournals.com Health Care:Physician Practices headlines)
Source: bizjournals.com Health Care:Physician Practices headlines - May 19, 2023 Category: American Health Authors: Laura Williams-Tracy Source Type: news
Rhode Island Governor Signs Bill to Fund Abortion for State Workers and Medicaid Recipients
PROVIDENCE — Rhode Island Governor Daniel McKee signed a bill into law Thursday that would let state funds be used to pay for health insurance plans that cover state workers and Medicaid recipients seeking abortions.
The signing ceremony was held almost immediately after the state Senate approved the measure, also Thursday, on a 24-12 vote following less than an hour of debate in the chamber.
McKee, a Democrat, said he was proud to sign the bill into law and include related funding in his state budget proposal.
“Here in Rhode Island, we will always protect a woman’s right to choose and ensure equal access...
Source: TIME: Health - May 19, 2023 Category: Consumer Health News Authors: Associated Press Tags: Uncategorized abortion overnight wire Source Type: news
8 Questions About Proposed Changes to Rural Floor Wage Index
The Centers for Medicare and Medicaid Services (CMS) is proposing a policy change for the rural floor wage index in 2024 that could have profound financial effects on urban and rural hospitals. Under this proposal CMS would treat hospitals with rural classifications the same as geographically rural hospitals when calculating the wage index. (Source: News stories via the Rural Assistance Center)
Source: News stories via the Rural Assistance Center - May 19, 2023 Category: Rural Health Source Type: news
Rhode Island Senate poised to approve expanded abortion access
The Rhode Island Senate is set to vote on a measure that would allow state funds to be used to pay for health plans that cover state workers and Medicaid recipients seeking abortions (Source: ABC News: Health)
Source: ABC News: Health - May 18, 2023 Category: Consumer Health News Tags: Health Source Type: news
Real Estate Matters: Children concerned about tax implications after selling gifted home and returning money to parents
Q: My parents gave their house to their children but continued to live in it and pay all expenses related to the home. Life happened, and my parents needed money from the house to deal with those issues. So, we sold the house and gave the money to our parents. Here’s our question: Do we, their…#medicaid (Source: Reuters: Health)
Source: Reuters: Health - May 18, 2023 Category: Consumer Health News Source Type: news
CMS: Agency Information Collection Activities: Proposed Collection; Comment Request
The Centers for Medicare and Medicaid Services is seeking comment on an information collection for Standards Related to Reinsurance, Risk Corridors, and Risk Adjustment. The information gathered will be used by the Department of Health and Human Services (HHS) to run the permanent risk adjustment program on behalf of States that request HHS to run it for them. Comments are due July 17, 2023. (Source: Federal Register updates via the Rural Assistance Center)
Source: Federal Register updates via the Rural Assistance Center - May 18, 2023 Category: Rural Health Source Type: news
NAACP warns Congress against debt ceiling deal that would'harm' Black communities
The president and chief executive of the NAACP is warning Congress that any resolution to the debt ceiling impasse that caps spending on federal aid programs would "disproportionately harm Black communities" and that talk of expanding work requirements "must be resoundingly rejected," according to…#naacp #derrickjohnson #medicaid #republicans #democrats #blacklivers #blackamerica #michaelkikukawa #lyndonbjohnson #affordablecareact (Source: Reuters: Health)
Source: Reuters: Health - May 17, 2023 Category: Consumer Health News Source Type: news
Millions of job cuts, no Social Security, immediate recession: Here's how gnarly a national debt default would be
All the hand-wringing in Washington over raising the debt limit can seem far removed from the lives of everyday Americans, but they could end up facing huge consequences. Millions of people in the U.S. rely on benefits that could go unpaid and services that could be disrupted, or halted…#socialsecurity #republicans #democrats #moodysanalytics #medicaid #treasury #janetyellen #lisamascaro #joshboak #seungminkim (Source: Reuters: Health)
Source: Reuters: Health - May 17, 2023 Category: Consumer Health News Source Type: news
The average Federal Funds Rate from 1955 to 2023 is 4.62%
Quick Take The average Federal Funds Rate from 1955-01-01 to 2023-05-17 is 4.62%. We are now in a normal regime of interest rates. The issue now becomes the total debt to GDP — which is roughly 120% — so as rates stay elevated, it will cost more to service the interest. As it becomes more…#quicktake #medicaid #cryptoslate (Source: Reuters: Health)
Source: Reuters: Health - May 17, 2023 Category: Consumer Health News Source Type: news
