If you are not reading New Deal democrat as he marks the progress of the economy over the last year, you really should start. The detail on what certain economic markers determine are in his weekly analysis done on a daily basis for various markers. Updating 3 high frequency indictors: no recession yet, but no paucity of yellow flags – by New Deal democrat Aside from the Fed’s rate decision which will be announced this afternoon, it’s a...
Read More »CMS proposes prior authorization rule changes for healthcare plans
More on the practices of Medicare Advantage plains and also ACA, Medicaid and Medicare. The practice being delayed prior authorizations, the amount of time it takes, and the resulting tragedies. CMS proposes prior authorization rule changes for health plans, BenefitsPRO, Lauren Sausser Starting in 2026, a proposed CMS rule would require plans to respond to a standard request within seven days. This is instead of the current 14 days, and within...
Read More »Prosecuting Trump — a caveat,
Infidel753, “Prosecuting Trump — a caveat,” Infidel753 Blog It’s starting to look as if Trump may be indicted fairly soon, an event much of the left has been impatient to see for some time (what I myself most wanted was to simply never hear another word about him, but it’s clear that the reality we live in is not going to grant that wish for the foreseeable future). The case coming to a head is the Stormy Daniels hush payment, but...
Read More »February existing home sales confirm prices have declined
February existing home sales confirm prices have declined, but bottom in sales and construction may be in – by New Deal democrat There were only two noteworthy takeaways from the February existing home sales report: (1) like mortgage applications, permits, and starts, existing home sales responded to lower mortgage rates (a decline from just over 7% to just above 6% between last October and January): (2) As usual, price changes lag...
Read More »Medicare Advantage uses Algorithms to block care for Seniors
Kip Sullivan has been writing about the issues with Medicare Advantage. I have joined with Kip in bringing the issues of Medicare Advantage to the forefront. Angry Bear has featured Kip and I have added to the dialogue. This next commentary details how Healthcare Insurance, mostly Medicare Advantage has been using artificial intelligence in the form of an algorithm to limit treatment or deny coverage. STAT Investigation has been providing the detail...
Read More »Average and aggregate nonsupervisory wages for February
Average and aggregate nonsupervisory wages for February 2023 – by New Deal democrat There’s no significant economic news today, so let’s update a couple of income indicators important to average American working households. Namely, because we now have the inflation report for February as well as payrolls, we can update average and aggregate nonsupervisory wages. Average hourly earnings for nonsupervisory employees increased 0.5% on a...
Read More »The Fed’s New Supply Chain Pressure Gauge just went Negative
Putting on a different hat today. My background includes supply chain management. I am look at what the industry experts are seeing and whether I agree with them. Much of what I have seen over the last two years is a repeat of 2008. We again are late to beginning issues. And again, we are waking up late to the beginning of the end of the same issues. No Cassandras amongst us. Good article . . . The Fed’s supply chain pressure gauge just went...
Read More »The Big Myth, by Naomi Oreskes
Naomi Oreskes: All good myths have a kernel of truth. The other title: MAGA: You’ve been played. In her book: The Big Myth, How American Business Taught us to Loathe Government and Love the Free Market she researched the history of the source of the position and ideology of “Free Market” capitalism void of regulation. It came out of her work researching big tobacco and climate change for her book: Merchants of Doubt. The short of the...
Read More »In your face …
In your face …, Homeless on the High Desert, Gda says . . . October 21, 2017 in White Rose “In the big lie there is always a certain force of credibility; because the broad masses of a nation are always more easily corrupted in the deeper strata of their emotional nature than consciously or voluntarily; and thus in the primitive simplicity of their minds they more readily fall victims to the big lie than the small lie, since they themselves...
Read More »Escape from Muddle Land
Escape from Muddle Land, Econospeak, Peter Dorman Let’s get the up-or-down part of this review over with quickly: Escape from Model Land: How Mathematical Models Can Lead Us Astray and What We Can Do About It by Erica Thompson is a poorly written, mostly vacuous rumination on mathematical modeling, and you would do well to ignore it. Now that that’s done, we can get on with the interesting aspect of this book, its adaptation of trendy radical...
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