SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: longnshort who wrote (1222925)4/20/2020 4:39:05 PM
From: pocotrader1 Recommendation

Recommended By
rdkflorida2

  Read Replies (2) | Respond to of 1576882
 
Really! what a surprise, a man of your superior intellect getting the boot after only one post, Oh the humanity



To: longnshort who wrote (1222925)4/20/2020 4:51:55 PM
From: sylvester802 Recommendations

Recommended By
pocotrader
rdkflorida2

  Respond to of 1576882
 
OOPS! 9+ MILLION MORE AMERICANS LOST HEALTH INSURANCE AMID COVID-19 PANDEMIC
Adriana Belmonte
Associate Editor
Yahoo FinanceApril 20, 2020
finance.yahoo.com

The coronavirus pandemic has had a devastating impact on the U.S., wreaking both economic and health-related havoc on the American workforce.

In the four weeks leading up to April 11, the number of unemployment claims passed 22 million. According to the Economic Policy Institute (EPI), that means that roughly 9.2 million workers likely lost their employer-sponsored health insurance during that time.

“As people continue to lose their jobs, which we expect that they will do unfortunately, we’re going to see losses in health insurance coverage,” Ben Zipperer, an economist at EPI, told Yahoo Finance. “That’s because in the United States, we’ve chosen as a country, unfortunately, to tie access to health insurance with employment.”

He continued: “If we avoided that, if we made sure everybody was covered, everybody has access to health insurance regardless of their employment status, we wouldn’t be in this kind of predicament.”




An unprecedented number of Americans filed for unemployment in recent weeks. (David Foster/Yahoo finance)
More
‘We could see continued growth of uninsured Americans’Nearly half of all Americans receive their health insurance through their employer. And given the cost of treatment for COVID-19 (and the cost of health care in the U.S. more generally), that’s a problem.

Roughly 29 million Americans were uninsured in 2019. A chart from Deutsche Bank shows the main reasons why. These include costs being too high, losing jobs or changing employers, and losing Medicaid.



The main reason the uninsured don't have health insurance is because it's so expensive. (Chart: Deutsche Bank)
More
There are more than 750,000 confirmed cases of coronavirus in the U.S. and over 39,000 deaths. The number of hospitalizations brought about by the virus could lead to higher health care costs down the road.

“The danger is that if there isn’t a concerted effort to address the health care costs, we could see continued growth of uninsured Americans and small and large businesses dropping out of operating health coverage,” Peter Lee, executive director of Covered California, the state’s health care marketplace, previously told Yahoo Finance.

A recent survey by sidecar health polled individuals who lost their jobs and employer-provided health insurance due to coronavirus. It found that 55% have faced challenges finding health insurance and 43% were unlikely (somewhat or very) to seek medical care while without health coverage. The biggest challenges facing these individuals, according to the survey, were the high costs and lack of options.



Coronavirus cases are still on the rise. (David Foster/Yahoo Finance)
More

What to do if you’ve lost your health care coverageFor those who have lost their job (and therefore their health insurance) because of coronavirus, they are eligible for a special enrollment period (SEP), which involves re-opening the Healthcare.gov enrollment site.

Read more: How to get ACA health insurance if you lose your job

Generally, people are only able to obtain health care coverage during open enrollment. However, getting laid off is considered a “qualifying event,” which means the person can sign up for health care coverage outside of open enrollment.

Another option is COBRA, which means the individual continues the same health care coverage they had under their employer-based health insurance, though COBRA has higher premium payments since there is no longer an employer contribution. And if income is considered low enough, a person may be eligible for Medicaid.



A medical staff member in a mask with a patient outside of an ambulance amid the COVID-19 outbreak on April 19, 2020 in New York City. (Photo by Roy Rochlin/Getty Images)
More
Read more: COBRA insurance: How to file if you lose your job

These could be expensive options, however, if there isn’t any income to supplement the cost.

“That’s why many countries — rich countries especially — have publicly subsidized their health insurance so that people pay through for public health insurance just like they do for our public education system,” Zipperer said. “So that everybody has access to health insurance at all times.”

Among the richest countries in the world, the U.S. spends the most on health care despite the jarring lack of coverage. Amidst this pandemic, support for Medicare for All stands at 55% — a 9-month high.

“There are a lot of different solutions, but they all involve covering everyone regardless of their employment status,” Zipperer said. “We already have public health insurance programs that are limited to a small segment of the population, like Medicare and Medicaid, and in principle, it would be easy to expand those to the rest of the population. One way to start is to expand those to include people who have lost their jobs.”



To: longnshort who wrote (1222925)4/20/2020 7:30:25 PM
From: FJB1 Recommendation

Recommended By
longnshort

  Respond to of 1576882
 
THE BEAST IS GETTING BIGGER AND UGLIER. LOOK AT THE NAME OF THE BOOK IT'S READING, THE GRUFFALO!

AT LEAST HE DIDN'T WHIP HIS SCHLONG OUT!

Michelle Obama Scares Children with Creepy Animated Faces During PBS Storytime (VIDEO)

By Cristina Laila
Published April 20, 2020 at 6:06pm



As TGP previously reported, Michelle Obama has been given a show by PBS starting this week, the taxpayer funded network announced

Michelle Obama was given this show after Democrats marked $75 million for PBS’s parent the Corporation for Public Broadcasting in the Coronavirus relief bill that passed at the end of March.

The former First Lady scared kids with her weird faces while reading a children’s book titled, “The Gruffalo.”

The reading program is called “Mondays with Michelle.”
Rather than give our current First Lady Melania a spot, PBS chose to force Michelle Obama into people’s living rooms… Because 8 years of this angry woman as First Lady wasn’t enough.

WATCH (at your own risk):