Mike Papantonio and Trial Magazine Executive Editor Farron Cousins discuss a new report that reveals the health insurance industry is offering big prizes to contractors who convince companies to go with higher priced plans that offer little protection for their employees. Then legal Journalist Molly’s Barrows gives an update on the Jeffrey Epstein sexual abuse case. Plus, a discussion with RT Correspondent on how the Supreme Court has overturned a Circuit Court of Appeals decision on equal pay due to the Judge’s death, citing that Federal judges are appointed for life, and not for eternity.
FOLLOW Mike Papantonio on Twitter: https://twitter.com/americaslawyer
FOLLOW America’s Lawyer on Facebook: http://www.facebook.com/rtamericaslawyer
Find RT America in your area: http://rt.com/where-to-watch/
Or watch us online: http://rt.com/on-air/rt-america-air/
Like us on Facebook http://www.facebook.com/RTAmerica
Follow us on Twitter http://twitter.com/RT_America
I'm disabled and retired.
Social security cut my check in half, and my medical plan consists of laying on the side of the road until I die or someone does something with me.
My life is very uncomplicated......
!!!!GO TEAM PUTIN!!!!
This is not a surprise. Insurance companies are criminal mafia and parasites who feed off the blood and money of the people. And Jeffery Epstein got the secret deal from the government because politicians are involved in the sex trafficking of children through legal channels. His connections with Prince Andrew, Clintons, Trump, Acosta and other politicians are not hidden anymore. Dig a little deeper and many more politicians would be exposed of sex trafficking of children. Put these parasites in jail for their crimes.
Obamacare is nothing but a tax to ensure that pharmaceutical companies continue to get paid at citizens expense.
I did not even watch this video. from the title alone I have drawn the conclusion these facts I've been sharing for years Obamacare is a con played on fools.
Thanks Obama king of slaves
My father paid 200 dollars a month for a Cadillac medical insurance plan through his UNION.
You can not get that insurance plan today for 10,000 dollars a month.
Communist in the Democratic and Republican party have destroyed your world America.
Wake up and kill the Deepstate Swamp creatures that are destroying your life.
Private for profit health insurance companies only care about money and want to ration your health care? STOP THE PRESSES! How is that possible under capitalism? I thought it was big, bad, evil government that wants to control your health care.
This is all BS and chicken feed. The real problem is that people DO NOT PAY FOR THEIR OWN HEALTHCARE. They pay for someone else's, and someone else pays for theirs. This is how we end up with the young, the healthy, the working, and the living, paying for the healthcare of the old, the sick, the unemployed, and the dying. Healthy people pay too much for what they get, while the sick, the lazy and the old are abusing the system because this is how it is set up, paying their expenses with other people's money, not caring about the cost a tiny bit.
@Freedom Forever I strongly disagree with the non-profit-only idea. Let people decide if they want to go to a non-profit hospital or a for-profit one. Same goes for insurance companies. Without a profit incentive we would have never had all the wonder drugs that we have now. Who on earth would invest money into R&D if they are not allowed to earn a profit??!
@flexural stoopidity Totally Free Market. None, not a single one regulation. People are responsible strictly for themselves, and they spend their own money on themselves. Nobody is forced to support the stupid, the sick and they dying, unless they want to. No regulations for insurance companies. No regulations for doctors. This is how it has been until the last century and people still lived long enough and had access to the doctors. Charities and churches are driven out of the charity business by the government bureaucrats. They will start popping back up. People will be buying health instances from reputable insurance companies, who themselves will be insured, if necessary. They will develop a respectable reputation or will lose their clients. People will actually love their insurance companies because they will feel more protected for less money than they are now, less of their own money. And the doctors will be happy because they will finally get a chance to treat people instead of spending more than half of their time filling out paperwork required by the government, insurance companies, and other regulators and bureaucrats. Nobody will be dying on the streets, not any more than they are dying now. With charities back in business, the government out, and people knowing who they are paying for, everything will be back to normal.
AMERICAS LAWYER DO ONE ON GUTTED WORK COMP LAWS (FL s.440.11) employer immunity , disabled at work kicked to the curb with a FULL DENIAL state medicaid OFF THE HOOK , the worker is no longer work related disabled folks !
*The economic role* of health insurance companies is identical to that of *THE MAFIA* i.e., they are _middle-men_ who insert themselves into a vital industry in order to enrich themselves at the expense of others. They are not "experts" in the provision of health care services; they simply hire experts to take care of that aspect of their racket. The government could/would do precisely the same thing, only without skimming off their own cut.
Insurance company owners are *_finance people_* like bankers, whose only job is to decide what to do with the millions they are skimming off of health care customers. How much of those revenues they need to pay out claims, how much they need to throw at lawmakers to buy their support, and of course how much to lavish on themselves. This is the only economic "contribution" they make to the production and consumption of health care services. They are in fact parasitic leeches...
What is missing from this discussion is the "original" concept of insurance which came from the idea
that if one wanted to avoid maximum loss ( of 100% ) of the shipment of "goods", one divided one's
product among multiple carriers......thus potentially mitigating the potential loss, to that percentage
which could be reasonably expected. ( based on the actuarial results known and averaged. ) Regardless of
the outcome, the success of this strategy, always involved potential fractional LOSS vs. 100% LOSS. The
key word being LOSS!!!!!! Enter the "quants" who provide a "solution of convenience", to those who can not
be bothered to do the work of engaging "various shipping" concerns, and using the "actuarial numbers",
offer to insure delivery, in exchange for a fee, which guarantees a minimum loss, which clearly must be higher
than any "actuarial" loss, than could possibly be expected to occur. ( and barring the occurrence of "fat tails"
and the claim by the faux Nobel Prize in economics, for the Black-Scholes Model, that such "risks" can be easily
avoided. The attempt to prove this in reality, by the prize winners, was done by Long Term Capital Mgmt, which
almost crashed the U.S. economy on its own, requiring massive government intervention, before the repeal of
Glass Steagall, which should have been a clear sign to anyone paying attention, that the actual repeal of this "safeguard"
was a really stupid idea. The solution by the Fed. was to appeal to the "big banks" to kick in funds sufficient to avoid
the "collapse", which they agreed to, except for Lehman Brothers, which explains why THEY were allowed to fail,
when the idiocy of repealing Glass Steagall, played out, a decade later in 2007.
Another aspect of the financialization of "loss" by insurers was the ability to channel profits in to other
"profit yielding investments".....which provided a cushion, when actual results, exceeded those that
were "actuarially expected"......and when both sides of this "strategy" are producing positive gains, the growth
factor and leverage, produces massive gains. Unfortunately, real economics seldom co-operates with the
mathematical fantasy of economic theory, and the magical monetary theory which is enabled by fiat money,
which was put in place in 1933, and became official in 1970. In real terms, the US began its economic decline
in 1950, but needed to be masked by massive government spending ( public debt ) until the "legal deception"
required by the fiat currency, could be firmly established via the UCC federally (1952 ) and by all the states,
by 1970. At which point, economic reality began to assert itself in earnest.....and profits from actual production
become harder to come by, eliminating one leg of the support that insurance had relied on, leaving only the
profits realised from "actuarial estimates".....whose profits now relied on "raising premiums" and to maintain
the necessary level of the profits, to reduced coverage and denial of claims. ( all further enabled by the
mechanism of the UCC, which removes any "general legal protections" that the government, would normally be
expected to provide against fraudulent and abusive contracts, allowing all manner of "contractual" stipulations,
which for the average consumer, are impossible to decipher, and powerless to change.....and, most importantly
beyond their ability to "litigate", assuming that they have not already surrendered the right to litigate, via the
contract, to which they are a party. The UCC, itself, contains a provision, which requires an "explicit reservation of
rights" to be made, upon entering into "any contract", and if not made, bars any assertion of "rights" at a later date.
One might ask, America's Lawyer or any lawyer who pretends to be concerned with the plight of "americans"
and rails against the injustice of the system.....why, given the length of time it has been in place, this subject is
not first and foremost among the issues discussed. ( or why is has yet to be raised by any lawyer of association of
them, yet spend all their time talking about the "effects" of it....while neglecting the "cause". )
2016 Workforce 100: Ranking the World’s Top Companies for HR.
American Express, which has made the list all three years, takes the top spot in this year’s list of top companies for HR.
To excel at everything from talent management to recruiting to benefits to diversity is not an easy task. To shine in those areas year after year is exemplary. Now in its third year, the Workforce 100 recognizes companies that excel in various areas of human resources during the course of the previous year. To determine which companies make the list, Workforce editors work with researchers from the Human Capital Media Advisory Group, the magazine’s research arm.
To find out which companies are the best for HR management, the research team created a statistical formula to shift through publicly available data on HR performance to separate the best from the rest. This year, to give employees more of a “say,” we’ve asked recruiting and job review website Glassdoor Inc. to provide data on what workers are saying about the companies that made our short list. From there, we combined that information with the public data available to create our 2016 Workforce 100 list.
American Express Inc. was the top company on this year’s list, and it has made the list all three years. Thirty-three other companies have also made all of the lists.