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...save millions of lives, it would also free up many countries from the crushing costs of dealing with the disease - costs that make economic growth impossible. The American economy, when it is not in recession, has typically grown about 3% per year since the 1970s. Countries with malaria, by contrast, lose 1.3% of that potential growth - nearly half - just to the consequences of the disease, according to a study by leading global economist Jeffrey Sachs. "It's like a huge tax on economic growth," says Hall...

Author: /time Magazine | Title: Hopes for a New Kind of Malaria Vaccine | 1/15/2010 | See Source »

...showing many voters may be sympathetic to populist appeals. When asked to choose from a list what makes them most upset, 40% of respondents chose the phrase "big banks and Wall Street getting handouts while nothing is done for working Americans" as either their first or second choice. By contrast, the phrase "not enough is being done to create jobs" was chosen by only 16% of voters...

Author: /time Magazine | Title: Taking on the Banks: Obama's New Populist Pitch | 1/15/2010 | See Source »

...Nebraska as part of the Senate health reform bill has caused such consternation among his colleagues. In exchange for his vote, say critics, Nelson was promised that the Federal Government would pay 100% of the cost of expanding the Medicaid program in Nebraska. The 49 other states, by contrast, would have full federal funding for a few years but would eventually have to pick up part of the tab. As soon as word of the special treatment broke, the deal became known as the "Cornhusker Kickback," and Nelson was roundly mocked. California Governor Arnold Schwarzenegger, whose state is in serious...

Author: /time Magazine | Title: What if All 50 States Get Ben Nelson's Medicaid Deal? | 1/15/2010 | See Source »

...current Medicaid-expansion proposal would cost the Federal Government about $395 billion from 2010 to 2019 under the Senate bill or about $425 billion under the House bill. The state share of the expansion, in contrast, would be $26 billion or $34 billion. Moving the state costs into the federal column, as Nelson is now suggesting, would increase the cost of legislation, which is already close to the $900 billion limit set by President Obama. Then again, House and Senate leaders are currently negotiating all sorts of adjustments for a merged bill, and any new Medicaid costs could be part...

Author: /time Magazine | Title: What if All 50 States Get Ben Nelson's Medicaid Deal? | 1/15/2010 | See Source »

Aside from the financial feasibility of extending the Nebraska deal to all states, there could be far-reaching policy implications of such a move. In contrast to Medicare, the other massive public insurance program, which is funded and run by the Department of Health and Human Services (HHS), administration of Medicaid has historically fallen to states. This has given governors and legislatures the flexibility to structure their Medicaid programs based on their populations and budgets. States now determine who qualifies for Medicaid, what's covered by the program and how much doctors and hospitals get paid for taking care...

Author: /time Magazine | Title: What if All 50 States Get Ben Nelson's Medicaid Deal? | 1/15/2010 | See Source »

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