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...individuals into large risk pools, allowing them to buy health insurance at a significantly lower cost; federal subsidies for individuals too poor to afford insurance on their own would be doled out via the exchanges; and plans offered there would be vetted by federal officials to ensure they meet minimum standards for coverage. But other exchange details, like exactly which (and therefore how many) individuals would get to shop there and whether states or the Federal Government would be in charge, are still very much under discussion. Which exchange design emerges from Congress could go a long way in making...

Author: /time Magazine | Title: Behind the Health-Insurance Exchanges | 8/12/2009 | See Source »

...offenders. The mechanism is known as the "100-to-1 drug ratio," which gives crack cocaine 100 times the weight of powder cocaine. Under the ratio, a person convicted of selling five grams of crack - about the weight of a teaspoon of salt - triggers the same five-year mandatory minimum sentence as a person convicted of selling 500 grams of powder cocaine, roughly the weight of a loaf of bread. (Read "U.N. World Drug Report...

Author: /time Magazine | Title: Will Crack-Cocaine Sentencing Reform Help Current Cons? | 8/7/2009 | See Source »

...free, and you have to have groups with many more healthy people than sick." As a result, insurers are pushing for harsher financial penalties on Americans who would forgo insurance even in the face of a government mandate. The HELP Committee bill would charge the uninsured a minimum annual penalty of $750 for individuals, a figure that is far below the annual expenses of full-cost premiums, which insurers think the penalty should at least equal in order to succeed. The House draft includes a penalty of 2.5% of modified adjusted gross income. (Both plans include financial hardship exemptions...

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

...program has already burned through its first round of funding. But green groups were a bit wary of cash for clunkers at the outset, concerned that the legislation's requirements on fuel economy were too lax. Under the program, newly purchased passenger cars must have a minimum fuel-economy rating of 22 miles per gallon - hardly superefficient - and they need to be only 4 m.p.g. more efficient than the clunker being traded in to trigger the $3,500 credit. (The $4,500 credit requires an improvement in fuel economy of at least 10 m.p.g.) And there's the undeniable fact...

Author: /time Magazine | Title: Cash for Clunkers: How Big an Environmental Boost? | 8/5/2009 | See Source »

...guzzlers for new, fuel-efficient vehicles," said Mark LaNeve, GM vice president for sales. The Department of Transportation confirmed the fuel-efficiency gains on Monday, Aug. 3, noting that of the 120,000 rebate applications processed so far, the cars purchased have been far more fuel-efficient than the minimum requirements to qualify for the highest rebates. But GM's July news wasn't all good: though sales were up month to month, they are still down 18% from July of last year. (Watch a video about an optimistic Dodge dealer...

Author: /time Magazine | Title: Automakers Give Rave Reviews to 'Cash for Clunkers' | 8/4/2009 | See Source »

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