Economics

U.S. income inequality grew through pandemic years- Federal survey

Wed, 2023-10-18 17:58 — mike kraft

U.S. income inequality grew through pandemic years, Fed survey shows American families on average saw large gains in income and wealth from 2019 to 2022 and households became less fragile during a period marked by the severe disruptions of the COVID-19 pandemic and massive subsequent government spending, a Federal Reserve survey published Wednesday showed. Ann Saphir Reuters

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U.S. Covid Relief Payments prompted government demands for money back from Social Security Recipients

Wed, 2023-10-18 17:49 — mike kraft

Covid Relief Payments Triggered Feds to Demand Money Back From Social Security Recipients - KFF Health News Some Social Security beneficiaries say the government is clawing back benefits after they received covid stimulus payments that were supposed to be exempt from asset limits. khngabeb KFF Health News

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“The government gave this money to them with one hand. They should not be trying to take it back with the other,” said Jen Burdick, an attorney at Community Legal Services of Philadelphia who has helped many people contest repayment demands.

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Price of Covid-19 antiviral Paxlovid expected to rise next year, raising access concerns

Mon, 2023-10-16 18:37 — mike kraft

Price of lifesaving Covid-19 antiviral Paxlovid expected to rise next year, raising concerns about access | CNN The price of the lifesaving Covid-19 medication Paxlovid is likely to rise next year for most patients as the United States continues to transition out of the emergency phase of the pandemic, sparking concerns among doctors that it will become less accessible. Meg Tirrell CNN

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Covid fraud: 17 Florida sheriff's office employees charged with nearly half a million dollars theft

Fri, 2023-10-13 12:14 — mike kraft

17 Florida sheriff's office employees charged with COVID relief fraud: Feds Seventeen people who worked for the Broward County Sheriff's Office are accused by federal prosecutors of taking COVID relief money for themselves. ABC News ABC News

...The defendants, who were charged in separate cases, allegedly received $495,171 in assistance from the Paycheck Protection Program (PPP), the Economic Injury Disaster Loan (EIDL) program and used the proceeds "to unjustly enrich themselves."

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Kaiser Permanente and striking health workers reach tentative agreement

Fri, 2023-10-13 10:17 — mike kraft

Kaiser Permanente reaches tentative agreement with workers After a historic strike, healthcare giant Kaiser Permanente and the Coalition of Kaiser Permanente Unions have reached a tentative agreement. Brittany Trang STAT

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75,000 members of the union, which spans seven of the states plus Washington, D.C. in Kaiser’s nationwide health care network, went on strike last week from October 4 through the early hours of October 7. ...

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Strike of 75,000 Kaiser health care workers is in its last day

Fri, 2023-10-06 10:33 — mike kraft

It's the last day of the largest health care strike in US history | CNN Business The largest health care strike in US history is now in its third, and final, day. Samantha Delouya CNN

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The temporary work stoppage will end at 6 am Pacific Time on Saturday morning, concluding a massive labor effort involving more than 75,000 health care workers and spanning four states.

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Bargaining snag in negotiations between Kaiser Permanente and unions for 75,000 striking health workers

Thu, 2023-10-05 10:25 — mike kraft

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75,000 Kaiser Permanente workers go on strike in multiple states

Wed, 2023-10-04 10:19 — mike kraft

What it means for patients as 75,000 Kaiser Permanente workers go on strike | CNN As a strike gets underway, Kaiser Permanente, one of the United States’ largest not-for-profit medical systems, says it has contingency plans in place so it can continue to provide safe, high-quality care for its 12.7 million members and patients. Jen Christensen CNN

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US judge rules against blocking Medicare from negotiating drug prices

Mon, 2023-10-02 10:19 — mike kraft

US judge refuses to block Medicare from negotiating drug prices | Reuters

Sept 29 (Reuters) - The U.S. government's Medicare health insurance program can begin negotiating prices for some prescription drugs this fall under a new program, a federal judge ruled on Friday, vindicating one of President Joe Biden's signature initiatives.

The order by U.S. District Judge Michael Newman in Dayton, Ohio, comes in a lawsuit brought against the Biden administration by the U.S. Chamber of Commerce.

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