Revised GDP Report Shows Health Care Spending Falling – What’s The Deal?

Revised GDP Report Shows Health Care Spending Falling – What’s The Deal?

On Wednesday, the Bureau of Economic Analysis (BEA) released its third estimate for Q1 2014’s real GDP. Strikingly, BEA revised Q1 GDP down from a 1.0 percent retraction to a 2.9 percent retraction – a sharp reversal from Q4 of 2013 made all the more strange by steady job growth in the first half of 2014

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The VA’s Terrible, Horrible, No Good, Very Bad Weekend

The VA’s Terrible, Horrible, No Good, Very Bad Weekend

 The Department of Veterans Affairs (VA) suffered a string of body blows over the weekend and into Monday, with the successive release of an Associated Press analysis finding severe shortcomings in VA hospitals’ ability to cope with a surging number of female veterans’ health care needs on Sunday, followed by a new report on Monday by independent federal investigator Carolyn Lerner of the U.S. Office of Special Counsel (OSC) concluding that VA officials ignored or otherwise overlooked whistleblowers’ allegations of unclean medical equipment, substandard care for the elderly, and illegal narcotic prescriptions at multiple VA facilities. 

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Affordable Care Act Prompts Employers Use of Private Health Care Exchanges

Affordable Care Act Prompts Employers Use of Private Health Care Exchanges

 The Affordable Care Act (ACA) has motivated many employers to start offering health coverage via private exchanges. According to data provided by Accenture in a recent New York Times article, “three million people signed up for workplace health coverage for this year through private exchanges. That’s roughly three times the number of people the firm had estimated last fall would enroll for coverage through the private exchanges.”

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