Where all the wild horses are. There you go. Connell okay. That was kind of cool. It is kind of amazing to watch it live. Dagen giving money to buy their own Health Insurance. Requiring them to shop for coverage. With all employees eventually be on their own when it comes to buying Health Insurance . Welcome. Good to see you. Start with the last question first. How much of this shift with walgreens being one of the biggest to make it, is being driven by obamacare . A lot of employers are finding a better deal just to pay the mandate and not have to deal with the paperwork, costs and would how the logistics. Dagen basically, this is the equivalent of moving from pensions to 401 k plans. It is driven by choice. The burden will be on that individual. Look, obamacare still provides this choice to employers about are you going to pay this fee or will you put people out there in the marketplace whether it is subsidized exchanges or not. Companies like walgreens will have to be careful to mak
Consequences leaving kids out in the cold, a glitch buried deep in the laws of the 13,000 pages, threatens to leave a half million kids without coverage, this just one of many facing our nations families, time is running out for if administration to fix them all. On october 1, joining me n art pedic surgery professor at duke university, and senior fellow at manhattan unstute, doctor, i will start with you, explain this glitch to us, what is going on. So, it is known as a family glitch. What is happened is the way that law was wrote en. Written, rememberer mandated insurance is written to conservative the employees, not the spouse or family, if an employer decides to just cover the employee, the family can go uncovered. So the employer has an opportunity to decide to go to the exchanges. Wever if they go to the exchanges they do not get subsidies available to them, because they were eligible for employerbased insurance. Gerri botto half million kids could go without can of covege even b
Gerri our top story today five days until the exchange opens in the industry shinn is dressing up its version of how much Health Care Cost will be under obamacare. Though they say. The critics are blasting it seeing increases will be large for most. We have the details. Premiums are only a small piece of the puzzle. Fit ministrations has offered the most detailed information so far this week insisting it will do what the president pledged. It will deliver on its promise to make Health Insurance more affordable and accessible for american. And unfortunately you cannot answer the most important question will my insurance rates go up in 2014 . Schaede cherry pick the data to highlight the fact people of low income will benefit the those of middle income will not they did not talk about that. The new law requires the addition of the essential benefits, a long list of things that must be covered. The Manhattan Institute analyze rates around the country and found the costs will soar by as mu
A good day. Find out to see who it is because even when they say its not it is always about money. Melissa so we have big Business News today leading to what could be a huge blow to Jpmorgan Ceo Jamie Dimon going in for rare meeting with attorney general eric holder and other doj officials discussing a possible 11 billion settlement related to his bad mortgagebacked securities. This doesnt even include the more than 900 million bucks the bank will pay for the infamous london whale scandal. The hits keep on coming for jpmorgan. Here to break it all down, experts on every angle of the story. We have a whitecollar attorney. James freeman is with the wall street journal. Our very own charlie gasparino. Charlie, i want to start with you because youre always the man in the know. What is it your hearing about this . Its a humbling experience for jamie dimon. He had to two down to the Justice Department, middle east and basically kiss the ring ever eric holder today. He had to do it with his g
Dagen do with the American Public rather seat eat french fries . [laughter] do not even make that hand gesture. Nicole petallides is at the new york stock exchange. Nicole i am not having any french fries. The tech heavy nasdaq is up one third of 1 . Three Straight Days of selling. Commodities are pulling back. Homebuilders, on the other hand, came out with some stellar profit. Facebook at a new high. We continue to father whether or not twitter is really coming to that and why sp. Dagen thank you, nicole. Connell a bumpy road for president obamas Health Care Law. Dagen at the exchanges go live. Peter barnes is also live in washington. Peter reports of lots of problems and glitches in these exchanges. Some lawmakers are questioning whether the federal database that will supply patient information to states will be vulnerable to hackers. The New York Times reports that it will try to keep down costs by limiting Patient Access to doctors and hospitals. That is not all. We can expect a lo