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The original Senate bill called for lower thresholds - 75% and 80% respectively - while the House bill calls for an 85% limit across the board; crucially, both of those bills would have ended the requirement in 2013, the year much of health reform only begins to take effect, while Reid's...

Author: /time Magazine | Title: Forcing Insurers to Spend Enough on Health Care | 12/22/2009 | See Source »

What if there was a way to raise a population's life expectancy and reduce its rates of crime, suicide, teenage pregnancy and mental illness, among other social problems? British epidemiologists Richard Wilkinson and Kate Pickett believe they have found one. In The Spirit Level: Why Greater Equality Makes Societies...

Author: /time Magazine | Title: The Importance of Economic Equality | 12/22/2009 | See Source »

You found a very strong correlation between income equality and societal well-being. Why had no one spotted it before? KP: We and other researchers had noticed this trend. But the field was splintered - people looked at only health, or only crime. We've brought it together. Treating the 50...

Author: /time Magazine | Title: The Importance of Economic Equality | 12/22/2009 | See Source »

How did you define income equality? RW: There are many measures. We compared the gap between the richest and poorest 20% of households in each society. You can use more sophisticated indicators like the gini index, but they produce broadly the same answers.

Author: /time Magazine | Title: The Importance of Economic Equality | 12/22/2009 | See Source »

How can we achieve more income equality in a market economy? RW: Some relatively equal societies, such as Japan, and some states such as New Hampshire have smaller differences between earnings before taxes and benefits. The other way is to start off like Sweden does - with large inequalities between earnings...

Author: /time Magazine | Title: The Importance of Economic Equality | 12/22/2009 | See Source »

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