Month: February 2013

CBO: 7 million will lose employer-paid insurance under Obamacare

The non-partisan Congressional Budget Office now projects that 7 million people will lose employer-provided health insurance by 2022 as the federal health reform, known as the Affordable Care Act, takes root. That estimate is up from 4 million that the CBO projected in a study last summer. Even with the change, however, the office still expects the new law to reduce the number of uninsured in America by 27 million. The biggest reason for the jump in the number of people who might lose insurance on the job? Lower income taxes. Last year’s estimate assumed income tax rates would increase across the board on Jan. 1 when the Bush-era tax cuts expired. But a compromise reached on New Years Day made those tax rates permanent for people earning less than $450,000. And that effectively made employer-provided health insurance less attractive for both workers and employers. Since insurance premiums paid by employers are tax free, those premiums are more valuable as taxes increase. With taxes staying relatively low, the CBO now says that more employers are likely to drop insurance and direct their workers into the new health exchanges, where many will qualify for subsidies. To see a little more detail, see page 62 of the CBO study here.

Boomers living longer but not as well

Baby boomers are living longer than their parents but they are not as healthy, a new study says. The study, published in the Journal of the American Medical Association, says boomers born between 1946 and 1964 have higher rates of chronic disease, more disability and lower self-rated health than people were the same age 15 to 20 years ago. Boomers are more likely to be limited in performing daily tasks and are twice as likely to use a cane. They’re also more likely to suffer from heart disease and diabetes.

For Older Adults, Music of the Heart… and Mind

When Bob Dylan sang “The Times They Are A-Changin,’” he spotlighted a cultural revolution that was altering politics, race relations, and the world he was radically transforming himself: music. Today, another musical revolution is igniting older adults with music from their own pasts, waking minds deadened by Alzheimer’s Disease and other forms of dementia with tunes that often illuminate a buried spark of humanity.

In the schools, creativity and accountability can co-exist

Gov. Jerry Brown is set on enacting major education reform. But he, and Californians, should remember that the state has an important role to play in setting standards and measuring performance, even while teachers and their supervisors are given more freedom to decide what goes on in the classroom. Daniel Weintraub’s weekly essay.

Feds propose new health rules for school snacks

The USDA has proposed new regulations to make school snacks healthier. The rules would affect snacks sold in vending machines, cafeterias and school stories but exempt treats brought into the classroom by students and parents (including birthday cupcakes) and food sold at after-school events like football games. To see the rules, click here.

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