Just before Christmas, the Republican tax plan that slashed rates on corporations also duplicitously repealed the “individual mandate,” the Obamacare tax that allows the federal government to fine people who don’t have their health insurance, leaving a lump of coal in the Christmas stockings of middle-class Americans, who count on a pool of both … [Read more...]
DOJ Announces Creation of New Health Care Fraud Unit
On July 13th, the US Attorney’s office in Chicago busted nearly 400 people for health care fraud. The bust included $1.3 billion in fabricated billings. Of the 400 involved 115 were medical professionals – physicians, nurses and the like – from 41 districts nationwide. Five days after the major take down, Acting United States Attorney for the … [Read more...]
Wells Fargo Gave Car Insurance to 800,000 People Without Telling Them
In late July, it was discovered that Wells Fargo had “sold” auto insurance policies to more than 800,000 people without ever informing them. Apparently, it’s common practice for financial companies to hand out insurance to its debtors in order to protect the lender’s interests. This is known as collateral protection insurance (CPI). The thing is: … [Read more...]
AHCA Could Make Bouncing From Job to Job Even Harder
In the past decade or so it has become increasingly common for working class Americans to move from job to job. This is a function of larger changes in the economy that governmental policy has tried to work around. The Affordable Care Act, for example, offers health care options for people in this very situation. For people who are bouncing between … [Read more...]