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...numbers. On the individual level, the longer you stay unemployed, the more unemployable you become. People lose job skills, social skills and the will to search for a job as they spend time out of work. Unemployment affects individuals' sense of well being, producing higher rates of depression and lower levels of life satisfaction. Studies have shown mixed results as to the effect of unemployment on health. On average all job losers tend to face a permanent reduction in their salary, and that is even more common for the long-term unemployed...

Author: /time Magazine | Title: Unemployment Dips, but Long-Term Joblessness Remains a Concern | 8/7/2009 | See Source »

...only a few years ago that an up-and-coming member of the House Democratic leadership pointed to a cozy arrangement in the Republican-written Medicare prescription-drug program as a symptom of everything wrong with Washington. The 2003 bill barred the government from negotiating for lower drug prices for its 43 million Medicare recipients. Instead, that task was delegated to private insurers and their agents, who Democrats argued - and still argue - don't have the muscle to get the steep discounts that a huge government program could. "Direct negotiation for lower prescription-drug prices is directly related...

Author: /time Magazine | Title: PhRMA Deal Puts Obama, Congressional Dems at Odds | 8/7/2009 | See Source »

...teacher is going to get downsized. Suny Bruun, a mother of two in Winner, S.D., this summer bypassed the PTA and formed an independent parent fundraising group, Keeping Intelligent Determined Students (KIDS). Its goal is not only to raise money for the local school district but also to lower the amount of a $500,000 tax hike the town proposed to cover teacher and aide salaries. In early July, a radiothon raised $42,066 through donations ranging from $10 to $2,000, and the group has planned both an online sale and a concession stand for later in the summer...

Author: /time Magazine | Title: Can a PTA Bake Sale Save a Teacher's Job? | 8/6/2009 | See Source »

...Bill Clinton's health-care reform battle in the 1990s. Essentially, a wider "age band," like the 5-to-1 ratio insurers favor, would allow them to charge higher amounts to middle-aged people not yet old enough to qualify for Medicare, while keeping younger people's premiums much lower. In a recent letter to Henry Waxman - chairman of the House Energy and Commerce Committee, one of five congressional committees with jurisdiction over health reform - the president and CEO of Blue Shield of California wrote, "Given the systematic consequences of imposing such a tight band, we strongly urge...

Author: /time Magazine | Title: What Insurers Are Trying to Get Out of Health Reform | 8/6/2009 | See Source »

...much the same reason, another focus of insurers is the provision to provide federal subsidies to lower-income Americans to help them afford coverage. If subsidies are not sufficiently large enough, insurers say, many Americans would opt not to buy coverage. AHIP favors subsidies to Americans earning up to 400% of the federal poverty line, the same level of subsidies in both the House and HELP bills. The Senate Finance Committee, the lone remaining committee with jurisdiction over health care yet to produce a bill, hasn't announced which subsidy level it will support. But in an effort...

Author: /time Magazine | Title: What Insurers Are Trying to Get Out of Health Reform | 8/6/2009 | See Source »

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