Thank you, mr. Chairman. Thank you madam secretary, for being here. There are some questions i want to bring up to begin with. Then we will get to the questions. These are things i want your shop to answer. One are the medicare wage indexes. If you look at those around the country, it was never intended to be like that. 20 of the highest are in california and massachusetts. 14 of the lowest are in alabama and tennessee. For instance, what you get paid in santa cruz, california is 1. 7 with a medicare wage index. And. 73 where i live. Its putting us out of business. That needs to desperately be looked at. The second thing, and i want to know your solution to that. Certainly were all against fraud and abuse. But in my state the medicare comes in, does these audits, withholds the payments. We win 72 of them. And we now, the backlog is so long, you cant get in front of anybody to get your money back that you have earned. And thats unfair. And i think you absolutely need to redo the audits.
Abide by the rigid man daytodays under the law. The Congressional Budget Office estimates the law results in 2. 5 million fewer fulltime jobs reflecting what we heard over and over again from employers who have no choice but to cut hours or delay hiring because of the laws burden mandates. Prices skyrocket. Health Insurance Companies are seeking rate increases of, quote, 20 to 40 or more. Markets are still adjusting to the quote, shock waves, set off by the Affordable Care act. After nearly 2 trillion in new government spending, its estimated more than 25 million individuals still lack basic Health Care Coverage. Yet, just last month, president obama said the law, quote, work the out better than some of us anticipated, close quote. Of course, for those who oppose this government takeover of health care, this is precisely what we anticipated and preciseprecise ly why the American People deserve a better approach. In closing, madam secretary, thank you for joining us this morning. It is
Information with regard to the question of premium cigars and how they are or are not sold to children. That was a part of what we are trying to do. And we are reviewing that. And we are in the middle of that process now. Having said that, as we are in that process, a part of your question was the recognition of small employers. And that is something that will be taken into consideration no matter where the rule ends, its something i think is very important that we do as we think about implementation. And so wherever the rule making comes out, as we are in a process. But i do want to recognize the point that youve made, which is making implementation for small employers and small institutions possible, whatever it is. Its something we consider a real priority and something we believe no matter where you are we can work on as part of the implementation. The proposed deeming rule has been under consideration for more than a year. Regulatory uncertainty is exceptionally challenging for Sm
Early on set alzheimers and also appeared before the senate aging committee. The hearing will come to order. Good afternoon. It is my pleasure to convene this afternoons hearing to assess our nations process in combatting alzheimers disease since the enactment of the national alzheimers project app which i co authored with then senator in 2011. I dont need to tell the people in this room what a devastating disease alzheimers is it exacts a tremendous personal and economic toll on the individual and family and authority. In addition to the human suffering it causes. Alzheimers cost the United States 226 billion a year including 153 billion in costs to medicare and medicaid. These will skyrocket as the baby boom generation ages. Already our nations most costly disease alzheimers is projected to cost more than 1. 1 trillion in 2050 if nothing is done to change its current trajectory. Its also one of the leading causes of death. Its the 6th leading cause of death overall and the 5th leadin
2020 olympics. Will this be another golden week for operators . We are live. Said to be aeek is bumpy one for those casino companies. On your bloomberg panel, 1975, this is what we have at the moment. Galaxy entertainment in the yellow. That made a strong showing of late. It is down to the high rollers. They have been driving Revenue Growth for the 14th straight month. Estimates are 16. 1 . Theyre looking at 14 , the estimate there as well. What about the prospects of this month as well . They are expecting their betting volume to surge between 30 and 35 from last year. They really are wants to watch when the trading day gets underway here in hong kong. Lets have a look at our markets we are tracking. Looking at the equity space here, you can see stocks in wellington and sydney on the back foot. They are snapping a threeday rise. You have stocks in the malaysia, singapore and taiwan joining the nikkei 225. We are seeing the dollar pick up , adding 2 10 of a percent. Riding a july 2017