Junk Bonds Are The New Haven Assets – Anchalee Worrachate Sally Bakewell Katie Linsell

The new fixed-income haven is, of all things, the market for junk bonds. With government bonds in Germany to Japan yielding less than nothing, money is pouring into exchange-traded funds that buy speculative-grade debt, traditionally the riskiest of fixed-income assets. The pace is staggering. So far this year, about $9 billion has flowed into the funds globally, a significant chunk …

Truth from the Tap: A Water Industry PR Blitz – Darcey Rakestraw

The National Association of Water Companies (NAWC) has launched a new campaign, truthfromthetap.com, to undermine advocates who want municipal water systems operated and owned by local, democratically elected councils—not by big companies accountable to shareholders. But the truth is, the private water operators behind the site have a poor track record when it comes to serving communities. Company executives drive the management …

Ethics Professor Says It’s “Quite Reasonable” to Kill Disabled Babies via Obamacare – Daisy Luther

Has anyone else noticed that most professors of ethics aren’t exactly…ummm…ethical? At least the ones who get quoted, anyway. A professor at the highly esteemed Princeton University doesn’t want his Obamacare premiums to increase because of caring for severely disabled babies. Dr. Pete Singer, who teaches ethics (but perhaps needs a little refresher on what the word “ethics” means) argued during …

Prescription Drug Spending Jumps to All Time High in 2014 – Brian Wu

According to a report from the IMS Institute for Healthcare Informatics , Americans spent more money on drugs than they ever have before with spending jumping by 13% to $374 billion, driven by innovative but expensive new drugs designed to treat Hepatitis C. The new hepatitis C drugs accounted for more than $11 billion of the spending with the influx …

In the future, your insurance company will know when you’re having sex – Kashmir Hill

First, insurance companies gave us black boxes to put in our cars so they could track our driving, in exchange for discounts when we refrain from speeding. Now, they’re coming for our bodies. The New York Times reports that John Hancock will be the first life insurance company that will offer discounts to Americans who agree to wear an activity tracker: People who sign up …

Big Money vs. The People: The Main Political Battle of Our Times

This piece has run as an op/ed in newspapers in my very red congressional district in Virginia. Here’s what I bet that historians will say was the No. 1 political battle in the America of our times. Not the national debt, or abortion, or Obamacare, or immigration, or gun rights. Instead, historians will say the most important fight was over …

Consumers getting ‘skinned’ by health insurers

The reason health care costs are so high is because Americans don’t have nearly enough “skin in the game.” That was the phrase that many of my former colleagues in the insurance industry and I began using in the early 2000s as a way to deflect attention away from us. Americans — especially American employers — looked to private insurers …

Obama Lied About Obamacare

Obamacare Increases Insurance-Rate by 87.7%/85.4%, or 2.7% Since 2008 Obamacare Increases Insureds from 85.4% up to 87.7% Candidate Obama’s Promise  of “Universal” Meant 100% Obamacare started being available on 1 October 2013 and has now been available for 16 months. When candiate Obama was running for the Presidency, he promised “universal coverage,” which is what exists in virtually all other …

The Obamacare Challenge We Need? Improved, Expanded Medicare for All

As a primary care pediatrician who sees children of low-income families in Washington, D.C., I am reminded every day of the vulnerability of our children’s health to the ill-informed whims of our lawmakers and courts. Those children will be on my mind as I gather with others outside the Supreme Court today. Just yesterday, I saw my 16-year-old patient Mary, …