June 25, 2014 |
The Obama administration has given employers a reprieve from the mandate that they offer their workers insurance at low employee premiums or pay a penalty. The enforcement is postponed until 2016. But should the mandate ever come back? Even strong supporters of the Affordable Care Act are divided. David Blumenthal, of the Commonwealth Fund, says the mandate on employers is needed to compel them to honor their "shared responsibility" to pay their workers' premiums. Tim Jost, a professor at Washington and Lee University and a leading backer and interpreter of the complex ACA rules, says the mandate has too many adverse side effects and should be "repealed and replaced" by something else.
April 5, 2002 |
PHILADELPHIA'S politicians are now engaged in a long-overdue public debate on the level and structure of city taxes. But the ability to have an open and honest discussion of tax levels is being clouded by the numbers used. The mayor talks about $70 million as the cost to the city of a wage-tax cut, while saying that the cut returns only 50 cents a week to the average citizen. We are supposed to see this as a big loss for the city with little gain for its residents. But Mayor Street exaggerates by comparing one week's benefits to five years of tax losses.
November 25, 1988 |
President-elect George Bush may seek to reduce the federal budget deficit by trimming Medicare costs, the Washington Post reported today. It quoted some unidentified Bush advisers and budget experts as saying the new administration would support substantial cuts of between $3.5 billion and $5 billion for fiscal 1990. The Post quoted the experts as saying any suggested cuts, at least initially, were not likely to involve drastic changes in the $80 billion program. Initial cuts would, more likely, be based on the Reagan administration's budget proposal for fiscal 1990 being prepared for submission to Congress, the newspaper reported.
September 26, 2013 |
Federal officials on Tuesday shared the most detailed information yet on rates consumers can expect to see when the Affordable Care Act's health insurance exchanges go live next week. The average monthly premium for the lowest-cost "bronze" individual plans will be $229 in Pennsylvania (among the lowest in the nation) and $333 in New Jersey (among the highest), according to the U.S. Department of Health and Human Services. Tax credits that are expected to apply to most purchasers would substantially lower rates in both states.
November 24, 2013 |
Almost two months after its inglorious rollout, the healthcare.gov website appears to be slowly recuperating. But even if it is 80 percent healed by November's end, as some public statements suggest, it likely won't be the promised seamless shopping experience where consumers can compare plans and prices and see if they qualify for premium and cost-sharing subsidies. Several websites have stepped into the breach and are helping consumers unravel the differences among the various health insurance policies.
January 8, 1998 |
The hobby continues to change, and change isn't always good. With change often comes discomfort, and I was thinking that maybe we're not having as much fun in this hobby as we used to. In a recent letter sent along with his membership renewal in the Philadelphia A's Historical Society, Bob Weiss, of Elkins Park, Pa., commented: "Thanks for creating the A's Society, it made the hobby fun again . . . and that's what it's supposed to be. " And...
March 23, 1990 |
Profits fell 98 percent last year at Provident Mutual Life Insurance Co., but company officials said yesterday that the decline was in line with expectations. The company has been scaling back in recent years, shedding some of its non-insurance operations to concentrate on its core business. That, coupled with a nearly $6 million dividend increase to policyholders, added up to the huge drop in net income to $22,000 last year from $14.3 million in 1988, according to the firm's annual report.
February 4, 2013
D EAR HARRY: I'm in a terrible dilemma over insurance. I am 35 and have recently become a first-time father to a beautiful baby girl. Naturally, the question of life insurance came up. We got seven calls from agents selling life insurance in the month following her birth. We contacted the guy who takes care of our car and homeowner's, and he came back with the statement that long-term disability insurance is more important. He said that death is more traumatic for the other family members, but disability is far more likely.
October 10, 1990 |
So, you have to catch a flight at the airport but don't want to take your car. What do you do? You could take a cab, but why spend $25 or more for a bumpy ride in a jalopy with a driver whose idea of good manners is sitting idly as you heave your bags into the back seat? You could reserve a seat aboard a passenger van, but being packed in like a sardine with a dozen strangers and half a ton of luggage isn't especially appealing, either. How about a stretch limousine?
October 19, 2000 |
Barry S. Slosberg Auctioneers will sponsor a three-day sales spectacular this weekend of catalog antique items, and a fleet of top-of-the line used automobiles. The Saturday auction will be made up of the inventory of more than 30 automobiles owned by Bergman Brothers Auto Sales & Service in Lansdale, Montgomery County. The owners are retiring. "At least 80 percent of all vehicles will be sold absolute, to the highest bidder, regardless of price," vows auctioneer Barry S. Slosberg Late model sedans to be placed on the block include two 1991 Turbo Saabs, one a convertible with low mileage, and some classic Volvos and BMWs, among them a 1989 BMW 325I convertible.