Philip Dearmore's Library tagged economy → View Popular

04 Feb 09

One has to keep a keen eye out for the components of the bill that don't just steal your money, but that may actually do you great physical harm, if not kill you outright.
Section 9201 of the stimulus package establishes the "Federal Coordinating Council for Comparative Effectiveness Research." This body, which would be made up of federal bureaucrats will "coordinate the conduct or support of comparative effectiveness and related health services research."
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- Once a panel of government experts decides what is and what is not cost-effective by their definition, the government will stop paying for treatments, medicines, therapies or devices that fall into the latter category.
- Thus, if a handful of government employees deem a therapy not cost effective, no health insurance will cover it and it will become virtually unobtainable to patients at any cost.
- If the feds step in and say, no, that new treatment is too expensive, it will never have the chance to become better, the supply will not increase and it won't become more cost-effective. It will just die on the shelf, and so will the patients who potentially could have benefited.

27 Dec 08

A FREE download is available now: Leo Babauta has written a companion to The Power of Less — a free ebook called “THRIVING ON LESS: Simplifying in a Tough Economy“.
When your income is dropping or in jeopardy and you still have a mountain of bills to pay, things can get pretty scary.

However, tough economic times do not have to be a time of struggles!

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