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Posts Tagged ‘AMA’

Have You Checked Your New Health Insurance Rates?

Posted by Larry Doyle on September 23rd, 2010 7:25 AM |

Our economy is experiencing disinflation and trending towards deflation, right? Well, it looks like the health insurance industry did not get that memo. If rates do go up, they can’t be more than a few percent, right? Wrong!!

Although this issue is not getting the attention it deserves, once again those footing the bills in our nation are getting bent over. In my home state, a recent story highlighted Health Insurers Seeking Rate Hikes of More Than 20 Per Cent in Connecticut:

Health insurers are asking for immediate rate hikes of more than 20 percent in Connecticut for some plans, citing rising medical costs and federal health reform laws as reasons.

Both issues — the new federal health care reform and rising medical costs — are significant drivers of the increases, according to filings by insurers with state regulators that were reviewed by The Courant. (more…)

Why I Do Not Trust Washington

Posted by Larry Doyle on May 25th, 2010 11:47 AM |

People can debate the relative strength of the economy all they want. I firmly believe that from a macro-level, our economy has years to go before it has a real chance to recover. Why years?

1. The banking system overall remains loaded with an excessive amount of delinquent loans. Uncle Sam will continue to siphon money from the American public and deliver it to the banks. In the process, these “earnings” will be utilized to write down the values of loans and securities it holds at inflated levels.

2. Credit will not truly flow until the health of banks, especially the smaller and community based banks, is substantially stronger. (more…)

From the Archives: Healthcare Reform to Make You Ill

Posted by Larry Doyle on March 17th, 2010 2:45 PM |

In light of the focus on this most important issue, I am reposting a commentary I had written in January very shortly after having spoken with a family member who just so happens to be a doctor in a small medical facility.

Additionally, hearing that the Democrats are thinking of using a process in which they ‘deem’ the legislation to have passed without actually voting on it would, in my opinion, take our country to a new low.

If Democrats ‘deem’ this reform to have passed, I have a hard time believing or understanding how that is not a direct assault on the Constitution of our country. The mere fact that it is even being considered is reviling.

LD   (more…)






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