niedziela, 1 sierpnia 2010

Insurance deals strike a dissonant chord - Minneapolis Star Tribune

Jill Greer

Michael and Jean Antonello’s home reflects their interest in art and music, featuring busts by sculptor Hiram Powers and the works of several American impressionists.



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The Jaco Report: A Look A Proposition C - FOX2now.com

Buy FOX Stuff HereCouponsPet GuideAboutMeet The TeamContact UsMobile & Social AppsFacebook Fan PageYoutube ChannelTwitterRSS FeedsMobile SiteiPhone News AppiPhone Weather AppMobile Text AlertsWeather E-Mail AlertsNewsletter AlertsAdvertise With FOX 2FOX 2 FAQsJobs at FOX 2InternshipEvents CalendarStation EventsHi-DefDTVBlogsFOX 2 Team BlogsMobile & Social AppsFacebook Fan PageYoutube ChannelTwitterRSS FeedsMobile SiteiPhone News AppiPhone Weather AppMobile Text AlertsWeather E-Mail AlertsNewsletter AlertsShowsAmerican IdolHouseThe SimpsonsFamily GuyAmerica's Most WantedGleeAre You Smarter Than A 5th Grader?More... 2-For-1 Gift Certificates The Hot List Contests Shows TV Listings Advertise Contact MobileMost ViewedYard Sale STL9am with Tim EzellLatest VideosiPhone AppAndroid AppFacebookSend Us Your Photos! Home  > News The Jaco Report: A Look A Proposition C By Charles Jaco FOX2now.com

August 1, 2010

Related links Jaco Report: Opposition To Prop CVideo Missouri Ballot Measure Tests Federal Health Care Law (KTVI-FOX2now.com) - This week, a look at health care and the Proposition C vote in Missouri on August 3rd. When President Obama signed health care reform into law, the debate was far from over. In fact, in many ways, it was just starting. The escalating cost of health care and the millions of Americans without insurance were the twin targets of reform. Long-term, reform may drive down costs. Short-term, it requires insurance companies to provide coverage despite pre-existing conditions. And it also requires all Americans to have health insurance.

Missouri Lieutenant Governor Peter Kinder has sued the federal government because of that mandate. So have officials in two dozen other states. The President's conservative opponents claim health reform is a federal takeover of health care. And the centerpiece of that objection is the mandate that each individual has to have insurance.

So in Missouri, opponents of health reform put proposition c on next tuesday's ballot.

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The statewide ballot proposition reads "Shall Missouri statutes be amended to deny the government authority to penalize citizens for refusing to purchase private health insurance or infringe upon the right to offer or accept direct payment for lawful health care services, and modify laws regarding the liquidation of certain domestic insurance companies?"

Opponents of what they say is a radical re-making of health care say a yes vote will overturn health care reform in Missouri. The President's supporters say health reform is already providing coverage for children and that it now makes it illegal for insurance companies to deny coverage because of pre-existing conditions.

But they say that can't work unless everyone's required to have medical insurance. They say, without that mandate, insurance companies can't be forced to provide coverage to people with pre-existing conditions. They say that would destroy health reform completely and that Missourians should vote no on Prop C

Opponents of proposition c also say the vote is meaningless because no state can overturn federal law. Federal law trumps state law...according to the U.S. Constitution's supremacy clause. They say the entire vote is merely designed to score political points...and that states can not overturn health care reform.

So those are the battle lines. Voting yes means saying Missouri can withdraw from health reform. A no vote means supporting health reform. But whether it's meaningful or not, whether it's even legal or not, Tuesday's vote is the first time any Americans will have voted on anything to do with health care reform. Copyright © 2010, KTVI-TV



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Genworth hit by lapse concern, housing caution - MarketWatch

By Alistair Barr, MarketWatch

SAN FRANCISCO (MarketWatch) -- Genworth Financial Inc. shares dropped more than 15% Friday on concern about higher lapse rates in the company's life insurance business.

The stock was also pressured as the company, a major mortgage insurer, sounded cautious about the housing market.

Genworth /quotes/comstock/13

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PMI 2Q Loss Narrows, Helped By US Mortgage-Insurance Ops - Wall Street Journal

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Insurance Co Alleges Jeffrey Locker Lied About Income, Refuses To Pay Claim - Long Island Press


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Obamacare: Much pain for little gain - OCRegister

Tibor MachanPublished: July 30, 2010
Updated: 4:53 p.m.Obamacare: Much pain for little gainBy MICHAEL TANNERHealth care expert at the Cato InstituteStory Highlights

Increasingly, the evidence suggests the health care law is a failure even by the standards of its supporters.

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