cost

Healthcare Costs to Increase 8.5% in 2012

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PricewaterhouseCoopers has a new report projecting health care costs to rise 8.5% in 2012 and 8% in 2011.

 

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Insurance policies will have higher deductibles and less coverage, what the report calls a cost deflator. Obviously that's not deflator to you.

One of the most damning conclusions of the report is how health care reform is projected to have minimal impact on health care costs for 2012.

Providers are consolidating, providing less competition. Employer plans are using even higher deductibles, dumping the costs onto you. Medical services are now getting less from Medicare, 3.3% increases for 2012, so as usual, to make up the difference, these providers are dumping their losses by jacking up prices for the rest of us.

 

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Even worst, they are projected a dramatic increase in stress related health care costs. Yes, losing your home and job affects your health.

Below is the CPI index annual change for health care costs:

 

 

and hospital related services CPI annual change:

 

 

Bait and Switch - Stealing from Social Security to Pay for Wars and Bailouts

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Republicans regard Social Security as an "unfunded liability," that is, a giveaway that is interfering with our war-making ability.

By paul craig roberts

The American Empire is failing. A number of its puppet rulers are being overthrown by popular protests, and the almighty dollar will not even buy one Swiss franc, one Canadian dollar, or one Australian dollar. Despite the sovereign debt problem that threatens EU members Greece, Ireland, Spain, and Portugal, it requires $1.38 dollars to buy one euro, a new currency that was issued at parity with the US dollar.

The US dollar's value is likely to fall further in terms of other currencies, because nothing is being done about the US budget and trade deficits. Obama's budget, if passed, doesn't reduce the deficit over the next 10 years by enough to cover the projected deficit in the FY 2012 budget.

Indeed, the deficits are likely to be substantially larger than forecast. The military/security complex, about which President Eisenhower warned Americans a half century ago, is more powerful than ever and shows no inclination to halt the wars for US hegemony.

One thing you don't hear too much about in the primary fights so far is.....Iraq....

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Oh yeah, before you start, I'm not saying that nothing is said about this issue or that the citizenry does not rank this festering sore created by Mr. Decider, 'Lil Boots', George W. Bush, America's Greatest Conservative President God save him and keep him safe in Paraguay....home of all fascist scum. Nor am I going to continue arguing with those who say that since the One Million Iraqis killed by Herr Leader are not Amerikkkan citizens that we, you and I, homer are not living in a Fascist State. Nope....I just want to bring your attention, as I have many times before, to the most important of all measures for Amerikkka.