Word: publicizers
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...most liberal and far-reaching version, passed by two House committees, would tie the rates the public plan pays health-care providers to what Medicare reimburses. Given that Medicare reimbursement rates can be 30% lower than those paid by private insurers, such a system could be a powerful one at holding down costs and could save the Federal Government $110 billion over 10 years, according to the most recent estimates by the Congressional Budget Office (CBO). (The Federal Government's costs here would primarily be the subsidies it gives low- and middle-income people to help pay their premiums...
What she can probably pass is a different version, approved by the House Energy and Commerce Committee, that would establish a public option that operates more like a traditional insurance company, with the Health and Human Services Secretary negotiating with health-care providers to determine how much it would reimburse them. That wouldn't raise as many objections from health-care providers and insurers, but it wouldn't save all that much money either. The CBO estimates it would trim federal spending by about $25 billion over 10 years...
Before Bernie Madoff admitted to running a massive Ponzi scheme, Jeffry Picower was known for being a philanthropist. With about $1 billion in assets, the Picower Foundation, which he started with his wife Barbara, supported causes like neuroscience research at MIT and public education in Florida. The largesse seemed a fitting testament to the Bronx, N.Y., native's ascent from accountant and lawyer to billionaire investor and buyout artist...
...world should be used to the public declarations of Venezuelan President Hugo Chavez by now. He simply loves the spotlight so fiercely that serving his country as president, and as a larger-than-life president at that, cannot satisfy. Restless, he meets with celebrities—Sean Penn three times—but when that is not enough, he uses his country as a media pawn. And that is how an unacceptable number of lives repeatedly get jeopardized...
Speaking to celebrities and acting in bad taste in the public eye are disappointing, but ultimately acceptable, outlets for Chavez’s oversized ego. Chavez’s thirst to feel famous, however, should stay out of foreign affairs, especially when this fame comes from the threat of armed conflict...