Currently Browsing: Your Money

GPs enjoy salaries of up to £300,000 – but insist they deserve it

By Neil Sears GPs’ salaries have rocketed so high at least one is now earning more than £300,000 a year, it emerged today. The revelation, under the Freedom of Information Act, makes a nonsense of Gordon Brown’s announcement last week of a pay freeze for 40,000 top-earning public sector workers, including family doctors. Clearly many GPs are so fabulously well-paid already that a failure to stop increasing their salaries any further will have little impact. And the news is yet further evidence of the spectacularly costly blunder the Government made when it renegotiated contracts with...
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Promises, Promises: Health Care Bill is Biggest ‘Faith-Based’ Vote Ever in House

The White House and Democratic leaders, who express certainty that the House will approve a Senate-passed health care bill, insist the widely-reviled bill won’t become law even though President Obama must sign it into law before changes demanded by House lawmakers can be made. The health care overhaul facing the House this week is being called the biggest faith-based vote ever considered by Congress. That’s because the White House and Democratic leaders, who express certainty that the House will approve a Senate-passed health care bill, insist the widely-reviled bill won’t become...
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Senate Health Care Bill Dead on Arrival, Pro-Life House Democrats Say

By Carl Cameron The health care reform bill passed by the Senate on Christmas Eve appears to be dead on arrival in the House, as six anti-abortion Democrats intend to join the ranks of lawmakers who plan to vote against the legislation, Fox News has confirmed. The health care reform bill passed by the Senate on Christmas Eve appears to be dead on arrival in the House, as six anti-abortion Democrats intend to join the ranks of lawmakers who plan to vote against the legislation, Fox News has confirmed. Six new no votes would be enough to kill the Senate bill, and several more fence-sitting lawmakers...
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Alberta nurses say employer wants cuts in salaries, benefits in next contract

EDMONTON – Negotiations for a new contract between Alberta’s nurses and their employer are off to a rocky start. The nurses union says in a release that the opening proposal from Alberta Health Services asks for cuts in salaries, benefits, safe-care provisions and scheduling protections. Heather Smith, president of the United Nurses of Alberta, says many of the rollbacks would erode standards of care, safety in the workplace and job security. Smith says the union is looking for more resources to fix a strained health-care system, and is seeking wage increases of four per cent. The...
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What You Need To Know About Fish Oil

Matthew Herper Americans spend billions on foods and supplements containing omega-3 fatty acids. Not all of it is money well spent. Fifty years ago, two Danish epidemiologists pondered why Greenland’s native Inuit could have a very low rate of heart attacks despite eating a high-fat diet full of whale and seal meat. They cobbled together $6,000, flew to Greenland and collected blood samples from 130 Inuit. The Greenlanders’ cholesterol numbers were good but not enough to explain the healthy hearts. Read More…
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Some medical billings are fraud

Tracy A. Jeffers The health care debate rages on, and it appears that the Democrats are going to use the parliamentary maneuver called reconciliation to pass the bill presently before Congress without any Republican votes. This is a health care bill that the majority of the American people clearly do not want. I honestly believe that all Americans are concerned with the number of people who have no insurance, me included. But they know what the government’s track record with running other programs is and they shudder to think of what this particular program could grow into and at what costs....
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US may be headed for long decline. You don’t have to follow.

Americans can avoid income decline by spending less and earning more. Here’s how. By Trent Hamm On the conference call I had last night with Vicki Robin, one of the listeners (I believe his name was Crispin) brought up an interesting topic of conversation. In a world where globalization is a fact and many jobs can easily be moved anywhere in the world thanks to the power of the internet and the information economy, we’re gradually going to see a global marketplace. In other words, all of the nations of the world will gradually see their average standard of living even out, as many of the...
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Best Affordable Suburbs in America 2010

By Venessa Wong The Best by State Life with children is expensive, but in some places a dollar goes a lot further. Bloomberg BusinessWeek evaluated information provided by community data company OnBoard Informatics to determine the best affordable suburb in each state. While many of the places on this year’s list are near amenities such as country clubs and golf courses, the focus is not luxury, but rather communities where families can live well for less and enjoy good schools, low crime, and reasonable commutes. The selected suburbs were limited to towns within 25 miles of the most populated...
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Health reform that won’t break the bank

By Peter Orszag and Nancy-Ann DeParle Health-insurance reform offers many benefits, such as common-sense rules of the road and basic consumer protections to keep insurance companies honest and prevent them from denying coverage to anyone because of a preexisting medical condition. But some critics complain that the administration has slipped in its commitment to fiscal responsibility in health reform. Read More…
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Consumer group sues California health insurer

LOS ANGELES (Reuters) – Consumer advocates filed a class-action suit against Anthem Blue Cross on Monday, accusing California’s largest for-profit health insurer of illegally using drastic rate hikes to force customers into inferior health plans. The suit comes two days before top executives from several major U.S. health insurers, including Anthem’s parent company, WellPoint Inc. , were to meet in Washington with Obama administration officials to discuss escalating premiums. Anthem’s plan to boost its individual premiums by as much as 39 percent has spawned inquiries by...
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