There he remained until matriculating into the 1978 class at St. George's University School of Medicine in Grenada, West Indies.So, yeah, find another urologist.
There he remained until matriculating into the 1978 class at St. George's University School of Medicine in Grenada, West Indies.
"Representative Henry Waxman called the chief executive officers of AT&T Inc., Verizon Communications Inc., Caterpillar Inc. and Deere & Co. to provide evidence to support costs the companies plan to book related to the new health-care law.
Waxman of California, chairman of the House Energy and Commerce Committee, and subcommittee Chairman Bart Stupak of Michigan released letters they wrote to the executives, saying their plans to record expenses against earnings as a result of the law contradict other estimates. The lawmakers requested the executives appear at hearing Stupak plans on April 21.
Caterpillar Inc. in 2002 added $75 million to income -- 9.4 percent of pretax earnings -- with the accounting gain it got from boosting the health-care premiums its retirees had to pay and making other changes to retiree benefits. The move will lift pretax earnings about $45 million a year for several more years.in 2003 the Medicare D went into effect. the same article reads:
Medicare's new prescription-drug benefit is giving companies a whole new source of accounting-generated income that boosts their earnings.flash forward to an article from the March 26, 2010 New York Times:
And some employers may get federal subsidies even after transferring costs to their retirees.
Congress was worried that if Medicare paid for prescription drugs, companies would cut retiree health-care benefits even faster than they already were. So when it passed a Medicare drug benefit last year, Congress added subsidies for companies that retain retiree drug coverage. The U.S. will reimburse employers for 28 percent of the cost of retiree prescription-drug spending over $250, up to a subsidy of $1,330 per retiree per year.
This means companies can reduce the liability they're carrying on their books for drug coverage. They won't get the subsidy until 2006. But accounting rules let them estimate how big a subsidy they'll get over the lives of current and future retirees and deduct this figure from their liability right now -- and start dropping immediate accounting gains to their bottom lines.
Caterpillar Inc. of Peoria has jumped to the forefront of manufacturing companies complaining about the cost of the federal health care overhaul. On March 18 the company sent a letter to Speaker Nancy Pelosi and Representative John A. Boehner, the Republican leader, saying mandated changes would cost it “$100 million in the first year alone.”
Caterpillar’s complaint led to dozens of headlines, but a closer look at the impact of the new law indicates it is not quite the budget buster that the company’s human resources executive, Gregory Folley, implied in his missive.
According to a regulatory filing by the company last week, the $100 million figure is Caterpillar’s estimated total cost for as long as the newly enacted Patient Protection and Affordable Care Act remains in effect. And the $100 million charge is an accounting change, a noncash cost that has no affect on the company’s operations.
In addition, the $100 million figure does not arise from changes to decades-long practices at Caterpillar. Rather, it comes about because the new law removes a tax break codified in 2003.
No company sneezes at the elimination of a $100 million tax break. But in 2008, Caterpillar had $51 billion in sales, and profits topped $3.5 billion for the third straight year. The projected profits for 2010 are a relatively weak $1.56 billion, and the $100 million tax charge would mean an additional 6 percent reduction.
Most companies steer away from politics, but Jim Owens, left, the company’s soon-to-retire chief executive, has held forth on climate change and other controversial issues. Most notably, in February 2009, Mr. Owens contradicted President Obama’s claim that the stimulus package would help Caterpillar rehire some of its 22,000 laid-off workers.This isn't apologist propaganda for the extreme left, PAULSC. How corporations manage their books is their business but taking away their subsidies shouldn't give them a right to shaft thier former employees and blame congress while they're at it. Personally I'm fucking fed up with the arguments in support of corporate efforts to eliminate their "debt" by cutting benefits to retirees.
For Canadian providers, moreover, the single-payer system meant less administrative overhead; in 1987, for example, office expenses for physicians in Canada amounted to about 36% of their gross billings, compared with 48% in the United States (General Accounting Office 1991;5).-Tuohy 1999
Also hear him say this line... and not mess it up.
"dont let them deceive you again
if they fool you once shame on them.
If they fool you twice shame on you.
Good night and good luck."
That was how the 48 election went. He lost.
3 weeks later
The doctors strike was on. But the sask. government refused to buckle under
public opinion across the country rose up against the medical profession and the doctors strike collapsed.
Medicare came into being
Sask demonstrated 2 things really; one:
that you could develop and finance a universal medicare scheme, and the other was that you could face down the medical profession. And second,
if sask hadn't of done what they did, wouldn't have medical care anywhere in Canada today.
(Keepers of the Flame.) the best Tommy Douglass film/understanding of the 'context' of Canadian Health Care... @ 36-40 minutes in the doctors strike... there was a similar undercurrent of racism in the backing of that doctors strike.
I will remember that I remain a member of society, with special obligations to all my fellow beings McCain voters. . . May I always act so as to preserve the finest traditions of my calling, and may I long experience the joy of healing those Republicans who seek my help.More here. . .
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posted by stevis23 at 1:20 PM on April 2, 2010 [3 favorites]