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...Tony and Ira ran small businesses in America all their adult lives; they understand budgets. They think the government is going broke - and in their early years, they've seen governments go broke before. They have seen big ambitious government plans do great damage, and so they maintain a deep suspicion of even the best intentions. I truly hope they are wrong, that the changes wrought by a federal health plan will not, to them, be familiar ones...

Author: /time Magazine | Title: End-of-Year To-Do List: Schedule Surgery? | 12/24/2009 | See Source »

...enables discharged workers to stay on their employer's group health plan for up to 18 months. Unlike the Family and Medical Leave Act (FMLA), COBRA does not require the employer to pay the cost of providing continuing coverage. Instead, it allows employees and their dependents to maintain coverage at their own expense by paying the full price of the premium plus an administration fee. The Joint Committee on Taxation, a non-partisan group focused on government finance, estimates the existing nine-month Cobra subsidy program has helped provide health care coverage to approximately 7 million Americans...

Author: /time Magazine | Title: Waiting for Reform: The Unemployed Get a Health Care Gift | 12/24/2009 | See Source »

...TIME asked investment-tracker Morningstar to pull together a list of the best-performing stocks over the past decade. On the eve of 2010, we figured it was time to take a look back and see which companies most thrived during the aughts. If a company can maintain its momentum over 10 years, maybe there's something to be learned. (See the best business deals...

Author: /time Magazine | Title: Top Stocks of the Decade | 12/22/2009 | See Source »

...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 new provision would maintain the regulation in perpetuity. Former Democratic National Committee Chairman Howard Dean, who had advocated killing the public option-less Senate bill, said Monday on MSNBC that of the last-minute changes to the Senate bill made by Reid, the strengthening of the MLR regulations was "the most important thing...

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

...Romania's political stalemate were dashed when center-right incumbent Traian Basescu won the Dec. 7 vote by less than 1%, leading his opponent, Mircea Geoana, to accuse him of "massive fraud" and push for a second vote. The E.U.'s second poorest member has struggled to maintain stability since its government collapsed amid political infighting in October...

Author: /time Magazine | Title: The World | 12/21/2009 | See Source »

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