March 2013 - Employee Benefits I AP Benefit Advisors

President Obama: There Is No Debt Crisis

By Jonathan Karl, ABC News There has been no shortage of dire warnings about the mounting US national debt, but President Obama is now offering a different assessment: no big deal. “We don’t have an immediate crisis in terms of debt,” President Obama said in an exclusive interview with George Stephanopoulos for “Good Morning America.” […]

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More bad news about racial disparities in healthcare

By Karen Kaplan, LA Times Many studies have documented the fact that patients of color are less likely to receive the same quality of medical care as whites, and that those differences often translate to worse health outcomes. The pattern holds up even after taking into account demographic factors such as income, education and health insurance […]

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Affordable Care Act – Applying Just As Painful As Filing Taxes

Applying for benefits under PPACA (the Patient Protection and Affordable Care Act) will prove as difficult and involved as filing your income taxes is. The draft application has been made available for stakeholders to comment on.  It runs fifteen (15) pages for a three-person family. The online version has twenty-one (21) steps, some with added […]

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Growth of Health Care Spending Remains at Historic Low

By Kathleen Sebelius, Secretary of Health and Human Services Today, we got some very good news when the official numbers for health care spending were released. New statistics from the Centers for Medicare & Medicaid Services show that the overall growth in health spending was at a historic low for the third year in a […]

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Growth Opportunities in China, New Labor Violation Penalties in Vietnam, and more…

GLOBEX Update Health & Benefits China Remains Source of Multinational Growth Opportunities According to a recent report, China’s health-care sector is expected to rise at an extraordinary rate, from $357 billion in 2011 to a projected $1 trillion in 2020. The country continues to be an attractive and fast-growing marketplace offering lucrative opportunities for multinational […]

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